Measure of the likelihood a borrower will meet his debt obligations. It is based on several factors including credit history, credit behavior, and credit score. The institutions also look at his assets and liabilities.
Usury is the act of lending money which has an interest rate that might be regarded by the general market as unreasonably high and more often than ...
Interest rate enabled to fluctuate but cannot go higher than the set interest cap. These are supposed to give the borrower a hybrid of fixed and va ...
A federal tax credit which may be claimed by the federal taxpayers who acquire qualifying expenses, such as court costs, attorney fees, travel fees ...
Company owned and operated by individual that is socially or economically disadvantaged. Such firms are qualified for financial assistance, mentori ...
Secular is an adjective used in the financial field as description for a long-term time frame such as 10 years. Secular trends litter the market as ...
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