What is Speedy Cash? How Does Speedy Cash Work?
Speedy Cash is a short-term lending company that offers financial assistance to people who need it. It is a great …
Loan
Hard Money Loan Definition & Types?
1. What is a hard money loan? A hard money loan is a real estate loan, usually given on a …
What Is Loan Shark?
A loan shark is a type of predatory lending in which the lender charges very high-interest rates because the borrower …
Moral Hazard Definition & Examples?
1. What is Moral Hazard? A moral hazard is a situation in which people’s incentives to take care of an …
Student Loan Definition & Types?
1. What is a student loan? A student loan is a financial aid that’s given to students for them to …
Soft Loan Definition, Examples & Types
1. What is a Soft loan? A soft loan is one that does not require to be repaid in cash. …
Guarantor Definition & Types?
1. What is a guarantor? A guarantor is a person who pledges to be responsible for the debt of someone …
Evergreen Loan Definition and How it Works?
1. What is an Evergreen loan? An evergreen loan is a type of loan in which the borrower just has …
Collateral Definition & Types?
1. What is Collateral? Collateral is property (for example, accounts receivable, inventory) that the borrower offers to the lender in …
Permanent Loan Definition and Types
1. What is a Permanent Loan? Permanent Loans are loans where the maximum interest rate is restricted to a percentage …
