poor credit loans glossary

Poor Credit Loans Glossary


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poor credit loans glossary
 
poor credit secured and unsecured loans glossary for UK home owners and tenants

Poor Credit Loans Glossary

poor credit loans glossary online loan application



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E.


Earned Income.

Income generate through work such as salary or wages. Unearned income is income from bank interest or pensions, for example.



Endowment.

An investment fund which was a popular way of saving for the eventual capital repayment of and interest only mortgage.



Equity.

The difference between the value of a property and the amount of credit secured against it including a mortgage.



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poor credit loans glossary
 
loans glossary for people with poor credit