Underwriting is the process a lender undergoes to determine if a potential loan is an acceptable credit risk i.e. is the borrower likely to repay the loan? An underwriter will look…
Tag: collateral
Unsecured debt is a loan not secured by any assets or collateral and the creditor doesn’t typically come after the items you purchased if you’re unable to make your payment.…
Debt is probably the most common topic our coaches get asked for help with. Why? Because people take on debt without knowing how it works and then find themselves with…