low interest credit

  • 1Credit rationing — refers to the situation where lenders limit the supply of additional credit to borrowers who demand funds, even if the latter are willing to pay higher interest rates. It is an example of market imperfection, or market failure, as the price… …

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  • 2credit union — n: a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. credit union …

    Law dictionary

  • 3credit co-operative — ➔ co operative * * * credit co operative UK US (also credit cooperative) noun [C] (also savings and credit co operative) ► FINANCE a financial organization owned and controlled by its members, who can borrow at low interest rates from an amount… …

    Financial and business terms

  • 4Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …

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  • 5Credit card interest — Finance Financial markets Bond market …

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  • 6Credit unions in the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit …

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  • 7Low-Income Housing Tax Credit — The Low Income Housing Tax Credit (LIHTC; often pronounced lye tech ) is a tax credit created under the Tax Reform Act of 1986 (TRA86) that gives incentives for the utilization of private equity in the development of affordable housing aimed at… …

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  • 8Credit card balance transfer — A credit card balance transfer is the transfer of the balance (the money) in a credit card account to an account held at another credit card company.[1] Contents 1 Overview 1.1 Normal rate …

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  • 9Credit card balance transfers — A credit card balance transfer allows a credit card user to transfer the balance on their accounts to a new credit card. This is a process which is actively encouraged by almost all credit card issuers as a means to attract new customers. Such an …

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  • 10credit union — A not for profit institution that is operated as a cooperative and offers financial services such as low interest loans to its members. Bloomberg Financial Dictionary * * * credit union credit union ➔ union * * * credit union UK US noun [C] (also …

    Financial and business terms