Term
APR
Principal
Commissions
Borrower
Nominal interest rate
Guarantor
Lender
Other expenses
They can be home insurance or guarantee payment of the loan in the event of the death of the holder, among others.
Rate that integrates interest, commissions and loan expenses into a single indicator
Time period agreed to repay the loan.
Extra charges that can be study, opening and cancellation.
Amount of money that has been lent and based on which the interest on the loan is calculated.
Percentage that expresses the cost of renting the money.
Person or entity that receives the money as a loan.
Person who guarantees payment of the loan in case the borrower fails to do so.
Person or financial institution that lends the money.
PERSONAL LOAN
CREDIT CARD
QUICK CREDIT
DEFICIT IN BANK ACCOUNT
MORTGAGE
STORE CARD
Card that we use to pay and it has the possibility to use more money than we own in our bank account, but with an interest.
Money that is given by the bank to buy a dwelling
They are called "red numbers". This occurs when we use more money than we have in the account.
Easy way of having money but with a high cost. They are used for low quantities and short time refund.
Cards related to stores where we can pay with them, and they have some benefits in the store
Money that is given by the bank for personal purchases (car, travel, studies...)