Tuesday, August 13, 2013

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Non-recourse debt or a non-recourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the collateral, but the lender's recovery is limited to ... Read Article

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No Income No Asset - Wikipedia, The Free Encyclopedia
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Credit Card Interest - Wikipedia, The Free Encyclopedia
Credit card interest is the principal way in which credit card issuers generate revenue. A card issuer is a bank or credit union that gives a consumer (the cardholder) a card or account number that can be used with various payees to make payments and borrow money from the bank simultaneously ... Read Article

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In This Unit, You Will: Good Debt, Bad Debt: Using Credit Wisely
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Credit And Debt
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