In the world of finance, there are many different types of loans available to the borrower. These loans come in two categories: secured and unsecured. A secured loan is the borrowing of funds by one or more people, institutions, corporations or other entity and the proceeds are used to pay off an existing debt or […]

Read More

If you’ve been paying credit card bills for some time, you’ve probably encountered the term “finance charge”. But what does this mean? What are finance charges and how do they affect you? Here’s a look at the facts. The most common definition of a finance fee is, in laymen’s terms, the finance charge you pay […]

Read More

The subject of finance is fairly broad. Many individuals are familiar with the term credit card, but not all of us understand the different types of credit available to us. Credit cards and loans are both terms for the same thing, credit. When people are in credit they are actually borrowing from an account. In […]

Read More