Consumer loans are any loan type given to the consumer by a creditor, either an unsecured or secured loan. That means that there are multiple types of loans that fall under the consumer loan umbrella. In this article, we will break down some of the most common consumer loans and look at their assets. [...]
A HELOC stands for Home Equity Line of Credit. This line of credit loan is based on the equity you have built in your home. In other words, it’s the difference between what your home is worth and what you have left to pay. Review the Following Example to Understand Your Home’s Equity: Home [...]
If you are looking to buy a house, especially if you're a first-time home buyer, you'll likely hear a lot of jargon you might not be familiar with. Between realtors, appraisers, and lenders, you may feel like you are trying to keep up with a whole new language! Learn what it means to get [...]
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