Definition
A non-amortized loan in which interest is due at regular intervals until maturity, when the full principal on the loan is due.
This content can be found on the following page:
http://www.investorwords.com/cgi-bin/getword.cgi?id=2537&term=interest-only%20loan
email to a friend
print this definition
cite this definition
link to this page
Copy and paste this HTML in your website to link to this page
Related Research Articles from the InvestorGuide.com University
Credit Card Debt
Many people find themselves wasting money each and every month on high credit card interest rates. This article tells you how to avoid getting into credit card debt, and if you do, the best way to escape it.
Improving Credit
Find out how to improve your credit (and why this is important). We describe techniques you can use, such as timely bill payment, closing unused credit lines, and avoiding collection agencies, judgments against you, and bankruptcy for seven to ten years.
Introduction to Credit
Stresses the importance of credit and explains some basic concepts. Also gives suggestions and a five step process to help take control of your credit.
|
