A guide to many of the terms used in the consumer finance market. A Acceptance Rate – The percentage of customers that are successful when applying for a loan or credit card. 66{a61c4e1b991c7f3a090c87cb66410712d4121fe18ab0f6421d85cbe80290558f} or more applicants must be offered the advertised rate know as the Typical APR (See ‘Typical APR’ […]

Famous author Samuel Johnson said “Integrity without knowledge is weak and useless, and knowledge without integrity is dangerous and dreadful.” The recent collapse of some of the biggest names in the financial services industry has borne witness to this thought. While part of the blame for the financial crisis was […]