What is the definition of a Balloon Payment?DefinitionA balloon payment is a financial term used to describe the lump sum payment attached to a loan, mortgage, or commercial loan. This payment is...
Buying a car with bad credit is very tough. Your credit history is a factor that is always considered to determine if a car loan will be approved for you. A low credit score is often considered as a s...
DefinitionCollateral value is a financial term used to refer to the fair market value an asset has when securing a loan. The collateral value of assets is simply determined by comparing the recent sal...
The US Congress and President Trump have recently dropped hints for a second stimulus check. Approximately 88.2 million Americans have received their stimulus check which was part of the $2 trillion s...
The federal government made a promise to bail out the airline companies following the coronavirus financial damages. It took a while for both sides to agree on term but the money is finally available ...
In 2018, the Federal Reserve listed 23 financial institutions and banks that were owned by African-Americans. Many of these banks were created several years ago in an attempt to present African-Americ...
Introduction:In today’s time, a majority of people have their list of expenses longer than what their income is. This leads to many problems for those who want to purchase something, but don’t hav...
This week was a good one for Access Bank as it dethrones Zenith Bank from the position of the biggest bank in Nigeria by asset. Zenith, which has occupied the throne for 37 weeks, since February, disc...
Are you a business owner seeking more ways you can raise capital for your business? Or are you just a reader fascinated by how the business world works? In this article, we have highlighted the major ...
Dallas Mavericks owner and businessman, Mark Cuban offered to channel the $100 billion left in helping Black-owned and women-led businesses that were not included in the federal Payment Protection Pro...