Glossary of Consumer Finance Terms

[ad_1] A guide to many of the terms used in the consumer finance market. a Acceptance rate – Percentage of customers who are successful when applying for a loan or credit card. Applicants of 66% or more must be offered the advertised rate, known as the typical APR (see ‘Typical APR’ below). Annual Percentage Rate … Read more

Relationship between insurance and finance

[ad_1] Insurance and finance are closely intertwined areas of business, not least because they both involve money. They often involve both speculation and risk, and often where one goes, the other follows. Take property investment for example, it involves a large amount of capital, quickly followed by insurance to protect the capital investment. It would … Read more