Debt comes in many forms, credit cards, car loans, student loans, mortgages, and consumer loans. You can buy anything on credit today, and that can be dangerous if you don’t have a plan for the debt, and its elimination...
Category - Finance
Financial Terms Everyone Should Know – Amortization
When you have a mortgage, car loan, or other consumer loan, you pay the loan off over a set period of time and this is called amortization. Amortization is derived from the Latin word meaning “to kill”, so the word...