February 05, 2020
Bad Credit
What is a Bad Credit? Bad credit is a historical bad report on a person's debt payment. The record states the person's inability to pay his or her debt when it was expected and the likelihood tha...
What is a Bad Credit? Bad credit is a historical bad report on a person's debt payment. The record states the person's inability to pay his or her debt when it was expected and the likelihood tha...
What is the definition of a Basel 1DefinitionBasel I (also known as the 1988 Basel Accord) is a set of international banking rules created by the Switzerland-based Basel Committee on Bank Supervision ...
What Is Life Insurance?Life insurance is an insurance policy whereby the potential insured and the insurance policyholder signed a contract where the insured agreed to pay a stipulated beneficia...
The back-end ratio, also known as the debt-to-income ratio, is a ratio that indicates what portion of a person's monthly income goes toward paying debts. Total monthly debt includes expenses, suc...
What is the definition of a Basis Point (BPS) in finance? DefinitionA basis point is a unit of measurement equals to .01 or 1/100th of 1% (1 percent). According to its calculation 1 BPS equa...
In today's world where there are lots of debt to clear and financial issues to attend to, saving up to $10,000 is not an easy feat. If after sorting out your debt and other financial responsibilities,...
The carry of any asset is the cost or benefit of owning that asset. For example oil would have a negative carry as it requires storage, but a bond would have a positive carry as it pays inte...
A commercial bank is one which operates the more traditional model of banking. Some of the roles of a commercial bank are:Provide a savings account for customers to safely store their moneyO...
Loan-to-Value (LTV) is a financial metric used to evaluate the level of risk given the possibility of default on a loan. The value asset is typically used as collateral for the loan, so if the value o...
As a beginner investor in real estate, have you ever gotten to that point where all the available strategies in podcasts, blogs, and videos seem overwhelming that you find yourself stuck in the middle...