Tag Archives: Difference
The Difference Between Interest Rates And APRs
The Difference Between Interest Rates And APRs If you are new to buying a house, borrowing or have made some mistakes when in the financial market, you might consider learning the lending terms. You hear the words interest rates and
Loan Modification and Mortgage Refinancing: What’s the Difference?
Loan Modification and Mortgage Refinancing: What’s the Difference? At first glance, loan modification can look very similar to a simple mortgage refinance. But the trained eye knows that the two are, at best, distant cousins. Each has a very different
The Difference Between a Personal Loan and a Secured Loan
The Difference Between a Personal Loan and a Secured Loan You may be asking yourself why the interest rate on a personal loan is so much higher than other types of loan such as for a mortgage or a car.