A | B |
Commercial Banks | full service financial institutions that offer a variety of services |
Credit Unions | nonprofit financial cooperations owned by its members |
Savings and Loans | financial institutions that provide loans and mortgages to customers who hold a savings account |
Payday Loans | lenders sometimes considered "predatory lenders" because they charge such high interest rates |
Checking Account | account where paper checks or debit cards are used to withdraw deposited money |
Loan | borrowed money |
Savings Account | account where paper checks or debit cards are used to withdraw deposited monday |
Interest Rate | a percent that is paid on money in a band account or money owed |