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Deed of Trust vs. Mortgage
When buying a home most of us don't have the cash immediately available to simply buy the home outright, which results in the need for home loans. In order to secure a home loan lenders require the home to be put up as security, and the most common mechanisms for this are a deed of trust or a ...
Condo vs. Townhouse
One of the biggest financial decisions people make in their lives is when they decide to become a homeowner. For many, particularly in more urban environments, the choice becomes one of investing in a condo or a townhouse. The differences between the two types of residential property can be very ...
Why Good Credit Matters For Both Individuals and ...
How Credit Scores Help Consumers
For consumers, a credit score helps determine how much you pay for certain products and services. In some cases, it may even have an effect on your chances in obtaining employment. A credit score gives lenders an idea of your credit risk and worthiness. Before credit score was developed, ...
Popular 'Banking, Commerce, Credit, & Finance' Terms
letter of credit (L/C)
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