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Loans

Spend now and give later

What do Americans do when they need money to solve financial problems or just for big unforeseen purchases? They apply for installment loans and use them for all purposes. Unlike targeted loans, for example for home!-->…

Walmart collaborates with Rachael Ray

Walmart is once again dipping its toes into the waters of social commerce, hosting a live Facebook event this week with TV personality Rachael Ray to promote the famous cook and the line of dog food and other products from the company.…

Regulation Z Definition

What is the Z regulation? Regulation Z is the regulation of the Federal Reserve that implemented the The Truth in the 1968 Loan Act, which was part of the Consumer Credit Protection Act of the same year. The main objectives of…

Definition of warranty

What is the guarantee? Collateral is the use of a valuable asset to secure a loan. If the borrower defaults on the loan, the lender can seize the asset and sell it to make up for the loss. Asset collateral provides…