Debt Relief Articles
Secured Loan: What Is It And How Does One Work?
Updated Jan 05, 2023
By Melissa Cook
A secured loan is a type of loan that is backed by collateral, which is an asset that the borrower...
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What Is An Annual Percentage Rate (APR)?
Updated Jan 05, 2023
By Melissa Cook
An annual percentage rate (APR) is a measure of the cost of borrowing money, expressed as a yearly interest rate....
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Loan Officer (What Does One Do?)
Updated Jan 05, 2023
By Minh Tong
A loan officer is a financial professional who works for a bank, credit union, or other lending institution. Their primary...
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Federal Reserve System
Updated Jan 05, 2023
By Minh Tong
The Federal Reserve System, also known as the "Fed," is the central banking system of the United States. It was...
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Home Equity: What It Is And How To Build It
Updated Jan 05, 2023
By Minh Tong
Home equity refers to the portion of a homeowner's property that they own outright. It is calculated by subtracting the...
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Line Of Credit (Should You Get One?)
Updated Jan 05, 2023
By Minh Tong
A line of credit is a type of loan that allows a borrower to access a specific amount of money...
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Fair Credit Reporting Act (FCRA)
Updated Jan 05, 2023
By Minh Tong
The Fair Credit Reporting Act (FCRA) is a federal law that regulates the collection, dissemination, and use of consumer credit...
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Subsidized Loan: What Are The Benefits?
Updated Jan 05, 2023
By Minh Tong
A subsidized loan is a type of financial assistance provided by the government or other organization to help individuals or...
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Unsubsidized Loan: What Are The Benefits?
Updated Jan 05, 2023
By Minh Tong
An Unsubsidized Loan is a type of student loan that requires repayment without the help of any financial assistance or...
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