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Loans

What Is a Lien?
Lien Explained: See How Liens Work and What Types Exist

The concept of a lien is important to understand if you have ever been in debt to another party. You…

What Exactly Is a Cash Surrender Value?
Cash Surrender Value: We Explain How Cash Surrender Value Works

Insurance policies that accumulate cash value are considered a permanent form of insurance. All life…

How Do Online Loans Work?
Online Loans: Everything That You Need to Know

In case you are unfamiliar with the online lending industry, all you need to know is that it has exp…

What Exactly Is Piggybacking?
Credit Card Piggybacking: Everything Explained in Detail

Credit card piggybacking is a method of boosting your credit score by piggybacking off of someone el…

What Is a Student Aid Report or SAR?
Student Aid Report – Learn Why This Report Is Important

After submitting your FAFSA for federal and other college funding, you will obtain your Student Aid …

How Does a Roth 401(k) Work?
Roth 401(k): What Is a Roth 401k?

Roth 401(k) plans are a relatively new retirement savings option that may have been brought to your …

How Does a 5/1 Adjustable Rate Mortgage Work?
5/1 Adjustable Rate Mortgage Definition – What Is 5/1 Arm Loan?

As a homebuyer, you may feel confused by the variety of mortgage programs available to you. Mortgage…

What Exactly Are Bump-Up CDs?
Bump-Up CDs: A Complete Guide

To supplement your savings strategy, consider purchasing certificates of deposit (CDs). In compariso…

What Are Secured Credit Cards?
Secured Credit Cards: What Is a Secured Credit Card?

Many people want to achieve the perfect credit score or build some in case they don’t have any, bu…

Checking vs. Savings Accounts: Understanding Their Differences
Checking vs Savings Accounts: Understanding Their Differences

The primary functional distinctions between Checking vs Savings Accounts are ease of payout and pote…