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What Is An Endowment Loan And Why It Is A Risky Affair
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What Is An Endowment Loan And Why It Is A Risky Affair

Endowment loans are an interesting and a very popular concept, especially for college students. Unlike how a traditional loan payment is wholly made to the lender, here, only the interest is repaid to the lender while the principal amount is channeled into an endowment fund. The lender is paid the interest on the mortgage for a fixed tenure, while the principle amount of the loan is invested in funds that would yield good profits and eventually pay back the loan’s principal amount.
What Is Amortization
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What Is Amortization

Amortization is the breaking down of a loan into a batch of fixed payments over a period of time. The interest and principal amount of a loan can vary each month but that has to be paid off even though your overall payment is equal for each period. Amortization is an accounting word that can be used for other balances as well such as allocating certain costs over a lifetime for an intangible asset.
10 Smart Ways To Get A Small Business Loan
Loans

10 Smart Ways To Get A Small Business Loan

In the recent times, entrepreneurship has seen quite a high rise. To ensure a smooth functioning of the business, it is imperative for small business owners to know the various ways to procure small business loans. Here are the ten best and easiest ways for you to get access to a small business loan.
What Is A Bridge Loan
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What Is A Bridge Loan

Bridge loans are used to provide immediate cash flow to tide over difficult times until a company can secure long-term finance. The borrower will use the loan as working capital. These loans carry a high interest rate and are backed by collateral. Let us look at what bridge loans offer as opposed to traditional loans:
What Is A Conforming Loan
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What Is A Conforming Loan

When going for an evaluation of home loans, customers get often confused with the terms conforming and nonconforming. The two are very distinct from each other based on their offerings. Let us look at what a conforming loan is. Conforming loan A conforming loan is a mortgage that is equivalent to the established amount as per the conforming loan limit specifically set by the Federal Housing Finance Agency (FHFA).
What Is A Jumbo Loan
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What Is A Jumbo Loan

Going by the word literally, jumbo loans could spark either hope in a struggler who has dreams or fear in the worst of financial defaulters. A jumbo loan is also called a jumbo mortgage. It is a form of housing finance for which the loan amount is greater than the limits set by the Federal Housing Finance Agency.
What Is A Stafford Loan
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What Is A Stafford Loan

The field of education is a lucrative market and is a notoriously expensive investment for parents. Many citizens in the country are from the middle class strata of society, which means affording education is a grey area. As a result, the student loan industry is said to be massive in the country and has helped out a lot of people achieve their education especially who deserve it and want to make it big, One such student loan is called the Stafford loan.
What Is An End Loan
Loans

What Is An End Loan

An end loan is used to pay off any dues or balance left in any short-term construction loan taken. Until the construction comes to an end, payment of the principal amount is deferred. Once the construction is completed, the loan can get amortized. Yet, an end loan ensures that there is a chance of paying interests during a period of time.
Here’s What You Need To Do To Get A Personal Loan
Loans

Here’s What You Need To Do To Get A Personal Loan

A personal loan can be economically feasible when you take into account other sources of financing. A personal loan can be used for any purpose as opposed to an auto loan or a home loan, which may be used for a specific purchase. Personal finance can either be secured loans, wherein, the borrower must offer an asset in the form of collateral for the loan or unsecured loans.
Benefits And Myths Associated With A VA Home Loan
Loans

Benefits And Myths Associated With A VA Home Loan

VA home loans have become popular of late, and the United States Department of Veterans Affairs has been helping eligible people become proud homeowners since 1944. Eligibility Almost all members of the military, National Guard, and reservists are entitled to the benefits of this loan. Members must have a minimum service of the following:
An Overview Of A Problem Loan
Loans

An Overview Of A Problem Loan

Often loans are lent to customers by banks and it is a win-win situation for both. However, there is a strong possibility that borrowers can default at some stage when it comes to paying the loans despite having signed an agreement. In a problem loan, usually, the borrower has skipped one or more payments which was promised or that the value of a collateral that was pledged behind the loan had fallen drastically.
All You Need To Know About Loan Sharks
Loans

All You Need To Know About Loan Sharks

When you run a business or have a vision for a better lifestyle than your current one, chances are you have devised ways and means to do the same. Having a plan is not enough. You need finances to make your dreams come true. Banks offer loans based on your credit scores and financial statements to ensure you have the capacity to repay.

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