Common Loan Definitions and Related Terms: Lending 101
We are not trying to frighten you with this huge list of terms, but financial institutions use their own lingo. You will get a much better loan deal if you understand what the lender refers to with each term and know what it will cost you. We’ll break this up into types of loan definitions, for example, explaining fees in one section and references to loan terms in another.
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed