Have You Ever Ever Defaulted On A Mortgage

Loans are a different type of credit score than credit score playing cards. A mortgage is what's known as installment credit score, because you pay again the mortgage, with interest, in set monthly installments. A mortgage or a automobile loan is an efficient example of installment credit. If you wish to make one of these major purchases someday, Secruritas epay it's a good idea to show lenders that you have some constructive experience with installment credit.

Few names from the financial business evoke the same respect as Clark Howard. Howard's radio present on saving cash and avoiding scams is nationally syndicated, and he usually seems on Television on HLN [supply: ClarkHoward]. Clark Howard's Net site highlights journey deals and money savers; posts present notes from his radio and tv appearances; and hosts a neighborhood message board for fan interplay.

Level of sale (POS) is business lingo for the spot where a retail transaction takes place -- the place money adjustments arms. Though right this moment many people pay for things with credit score or debit cards, most funds was made by cash or test, and merchants stored the cash in a cash drawer or field. Then alongside came the money register. Invented within the 1870s, it was a mechanical method to maintain track of revenues and was the first POS system [supply: RetailSystems.com].