Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• UNSECURED PERSONAL LOAN
  
  rates are for a loan amount of $3,000 and a term of two years. All rates are fixed for the term of the loan (variable rate loans may be available). Rates listed do not include a discount for having loan payments automatically deducted by debiting another account (auto debit). "Fees and Conditions" note any additional rate reduction for such method of payment."Range" indicates the lowest rate to highest rate that may be offered by the institution for the loan. If a rate range is indicated: Without "avg" (average), the rate quoted represents the "stated rate" (the rate the lender says most consumers will get, based on their credit worthiness). With "avg", the rate shown is the arithmetical average of the range (the lender is not willing to quote a usual or "stated rate").
  
  Back