What is a Parent Loan?

What is a Parent Loan?

A Parent Loan is a great way to help your child pay for college. But what is a Parent Loan? Read on to find out everything you need to know about Parent Loans . Checkout this video: What is a Parent Loan? A Parent Loan, also called a PLUS Loan, is a federal student loan…

What is a Secured Loan?

What is a Secured Loan?

A secured loan is a loan that is backed by an asset, such as a car, house, or savings account. This means that if you default on the loan, the lender can take possession of the asset to recoup their losses. Checkout this video: What is a Secured Loan? A secured loan is a loan…

What is a Loan?

What is a Loan?

A loan is a debt provided by an organization or individual to another organization or individual at an agreed-upon interest rate and repayment schedule. Checkout this video: Introduction A loan is a debt provided by one party (the lender) to another party (the borrower) at an interest rate, and evidenced by a promissory note which…