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What is Credit Debt?
Credit debt or credit card debt is a type of consumer debt that is incurred through a short-term revolving loan facility.
The most common of course is a credit card company issuing a card to a client to make purchases, with the client being responsible for minimum payments plus whatever interest rate applicable. Removing credit card debt from one’s balance sheet is often an effective way of improving your financial life.
What Role Does Inflation Play in my Retirement Planning?
Inflation plays a crucial role in your retirement planning. Investors should anticipate 2% - 3% inflation each year
What is Second-To-Die Life Insurance?
Second-to-die policies a.k.a. survivorship policies, are primarily used to provide a guaranteed legacy to their children
What is Mortgage Par Rate?
Par rate is the fair market value of a loan for a person with certain risk characteristics, from a lending institution
What Can You Buy with Bitcoin?
With every day that passes, bitcoin is becoming a more usable and accepted form of payment for a variety of goods and services
What is the Rectangle Top (Bearish) Pattern?
The Rectangle Top pattern forms when a currency pair's price is stuck in a rangebound motion, between support and resistance
What is a Non-Current Asset?
A non-current asset is an asset on the balance sheet that is not expected to convert into unrestricted cash within a year
What is Par Value?
Par value is most often associated with bonds, and refers to the amount that will be returned to the investor at maturity
What is Credit Debt?
Credit debt or credit card debt is a type of consumer debt that is incurred through a short-term revolving loan facility
What is Abandonment Value?
The Abandonment Value is the salvage value left if a capital project is stopped short at an unknown time
What is the commodity market?
The commodity market is an international network of exchanges which trade commodity futures contracts and derivatives