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Credit: Roles of the Lender and Borrower

In the world of financing, credit means the borrowing of certain resources from one party to another. The party which gives the resources is called the lender, while the other one that receives the resources is called the borrower.

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Calculating How Much Money You Need to Borrow

Sometimes it can be hard to tell exactly how much you need to borrow when you’re getting ready to apply for a loan.

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Government Loan Basics

Government loans are those that the U.S. government provides to it’s citizens in order to fulfill there needs and for their uplfitment or betterment.

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The Truth In Lending Act

With a stated objective to help consumers, Congress deemed it fit that lenders must give written disclosures on cost of credit and various terminology of repayment.

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Loans – Good or Bad Debt?

An important question to ask yourself when borrowing is if the purchase you would like to make is creating good debt or bad debt.

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Your FICO Score and Applying for a Loan

Have you wondered how loan and mortgage companies decide whether or not to lend you money when you apply for a loan? For nearly all, the decision is based on one version or another of a ‘credit score’ based on your credit report.

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Protecting Your Financial Information From Fraud

Financial fraud and identity theft are one of the fasted growing forms of fraud. The first line of defense to protecting yourself begins with you. Here are some steps you can take.

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Top 10 Ways to Avoid Loan Fraud

Every year, misinformed homebuyers, often first-time purchasers or seniors, become victims of predatory lending or loan fraud. Below you’ll find the top ten ways to avoid becoming a victim yourself.

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Great Money Saving Auto and Home Loan Tips

The following tips should help increase your chances of getting a car loan at a better rate and save you money on your home loan.

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Why Bank Overdrafts May Be a Bad Deal

Many banks actively encourage their clients with low balances to overdraw their accounts. If the customer writes a check or uses her debit card and has insufficient funds in the account, the bank clears the check by granting a temporary overdraft (a short-term loan).

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