TheBusinessProfessor
  • Home
  • Academy
  • Resources
    • SearchBase
    • Media
  • Membership
    • Account
Select Page

Housing Policy Counsel – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the Housing Policy Council?How Does the Housing Policy Council Work?The HPC and the HOPE NOW Alliance What is the Housing Policy Council?The Housing Policy Council (HPC), created in 2003, is a non-profit organization based in...

Effective Annual Interest Rate – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is an Effective Annual Interest Rate?How Does an Effective Annual Interest Rate Work? What is an Effective Annual Interest Rate?An effective annual interest rate, also known as annual equivalent rate, effective rate, and effective...

Fixed-Rate Mortgage – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Fixed-Rate Mortgage?How Does a Fixed-Rate Mortgage Work? What is a Fixed-Rate Mortgage?A fixed-rate mortgage is a loan where the debtor has to pay a fixed interest for the entire loan term. Usually, lenders provide either fixed,...

Float (Banking) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is Float?How Does Float Work? Back to:BANKING, LENDING, & CREDIT INDUSTRY What is Float?Float, in the banking system, refers to money briefly counted two times because of the delays in check processing. Float is built as soon as the...

Insufficient Funds (NSF) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is Insufficient Funds? How Does Insufficient Funds Work?How to Avoid Penalties  What is Insufficient Funds? Insufficient funds, as the name implies, is a situation where a particular account does not have enough funds, capital or...

International Bank Account Number – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is an International Bank Account Number?How Do International Bank Account Numbers Work? What is an International Bank Account Number?An IBAN or International Bank Account Number is necessary to identify your bank account if you wish to...
« Older Entries
Next Entries »

Designed by Elegant Themes | Powered by WordPress