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The annual percentage rate (or APR) is the amount of interest on your total loan amount that you'll pay annually (averaged over the full term of the loan). A...
An opinion or estimate of marketable value. Also refers to the process by which a value estimate is obtained.
Setting up automatic payments for credit union loans.
Any additional borrower(s) whose name(s) appear on loan documents and whose income and credit history are used to qualify for the loan. Under this...
Collateral Protection Insurance (CPI) pertains to a situation that occurs when your vehicle insurance changes or lapses during the life of a vehicle loan...
Compound interest is the interest added to the principal of a deposit or loan so that the added interest also earns interest from then on. This addition...
An assessment of the likelihood that a borrower can fulfill his or her loan (debt) obligations. It is based upon factors, such as his/her history of...
A daily periodic interest rate is calculated by dividing the annual percentage rate, or APR, by either 360 or 365. The...
Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. Common loans people want to consolidate are high...
Deductibles are commonly used with insurance policies where the deductible is the amount of expenses that must be paid out of pocket before an insurer will...
