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Loans

How Do Statement Balance and Current Balance Differ?
Statement Balance vs. Current Balance

To explain it simply statement balance vs current balance refers to the amount of money that you owe…

10 Different Credit Card Types That You Need to Know
10 Different Credit Card Types That You Need to Know

Numerous credit cards are issued by dozens of financial institutions. Step one in selecting your fir…

Can I Pay Off a Car Loan with a Credit Card?
Can I Use a Credit Card to Pay Off a Car Loan?

The idea of paying off a car loan with a credit card might seem like a good one. After all, it&#8217…

What Exactly Is an Annuity?
Annuity Explained

In case you are planning an early retirement, you have probably heard of the annuity. Not many peopl…

What Exactly Is a Mortgage Modification?
Mortgage Modification: All You Need to Know

When it comes to mortgage loan modification, you probably think that it is only for people who are i…

How Does a Revolving Credit Work?
Revolving Credit Explained

Revolving credit is one of the most commonly used forms of credit today, but what exactly is revolvi…

What Exactly Is a Mortgage Broker?
Mortgage Brokers: What Do They Do and Should You Need One?

If you need assistance sorting through loan alternatives, finding the best interest rates, or naviga…

Debt vs. Equity Financing
Debt vs. Equity Financing: Which One Is Best for Your Small Business?

For small business owners, the choice between debt financing vs. equity financing can be a difficult…

What Is Owner Financing?
Owner Financing: What You Need to Know

If you’re trying to buy a house but are having problems getting loan pre-approval, owner finan…

What Impact Do Student Loans Have on Your Credit Score?
What Impact Do Student Loans Have on Your Credit Score?

Just like with any other debt, making timely repayments on your student loans will help your credit …