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Definition

Amortization is the gradual reduction of a debt over a given period.

Why It's Important

This is how you can figure out how much you are really spending over the course of...

Introduction:

Almost every person on the planet is familiar with banks. Everyone has had an experience, whether good or bad, with it, and due to this, the majority of the population always gravitates towards banks, not knowing that other options  exist. Whether you want to or not, you might...

Canceling a credit card can be extremely tricky if you are not aware of the steps associated with it. It is a process that requires pre-planning and careful consideration of every little factor. But do not stress! We will break down every step for you!

Issues Associated with Cancellation:

Before...

Definition

A payday loan is a loan in which a lender gives the borrower a loan, typically under $500, that is due on the borrower's next payday.

Why It's Important

In my opinion, payday loans are a type of predatory lending.  They typically have high-interest rates and or fees....