MAKING SENSE OF YOUR
FINANCES

Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

F

Fair Credit Reporting Act

A consumer protection law that regulates the disclosure of consumer credit reports by consumer/credit reporting agencies and establishes procedures for correcting mistakes on one's credit record.

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Fixed Rate Loans

Fixed Rate Loans are loans where the interest rate is fixed at the outset for the full term of the loan and does not change, meaning that you will always know exactly what your repayments will be.

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Forbearance

A special arrangement between the borrower and lender in which the lender allows the borrower to temporarily stop making payments or to make smaller payments than would otherwise be required.


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Fair Credit Reporting Act

Fixed Rate Loans

Forbearance

 

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