Financial Terminology: Jargon Buster A - E
Thursday, May 14th, 2009A
1. Account holder
The person who has a personal loan account.
2. Advance
The mortgage loan itself is called the advance.
3. APR (Annual Percentage Rate)
An interest rate designed to show you the total annual cost of getting credit. It should include all the interest and charges payable by you as a condition of taking the loan. Where taking [...]









































