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Tuesday 7th February 2012

bad credit loans Welcome to this tenant loans site.

You can apply online for loans for tenants with good or bad credit history. But this site is designed to give you more...

This glossary page will give you a brief definition of terms used by bad credit loans lenders.

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BAD CREDIT LOANS GLOSSARY

APR - stands for "Anual Percentage Rate" and is the rate that a lender will quote to include all related costs of setting up the loan as well as the repayment interest.

Tenant Loans - loans that are for tenants. Tenants loans can be assessed differently from homeowners loans.

Homeowner Loans - loans that are for homeowners. Homeowners loans can be assessed differently from tenants loans.

Unsecured Loans - loans available to tenants and homeowners, using no security to support the lender's risk.

Secured Loans - loans only available to homeowners, most often using the home owners property as security against the loan.

Bad Credit - any missed or late bill payments, defaults, arrears, ccjs, bankrupcy...


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