Finance 2023 | Glossary Of Consumer Finance Terms

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[ad_1] A guide to the many terms used in the consumer finance market. A acceptance rate – Percentage of customers who are successful when applying for a loan or credit card. Applicants 66% or more must be offered the advertised rate known as the Typical APR (see ‘Typical APR’, below). Annual Percentage Rate (APR) The … Read more

Pro Se Primer 101 – 1 – Terms & Documents of a Home Loan: Promissory Note, Mortgage or Deed of Trust

[ad_1] “Cursing my eyes… People I’ve seen… Crawlin’ Through Ruin of the American Dream” vacation farm Perhaps the biggest aid to illegal foreclosing parties is the word “mortgage”. The term is widely misused as a synonym for “home loan” in all 50 states. Home loan has come to be known as the term mortgage. But, … Read more