General information on financial services and loans.
What is a “loan shark”?
A bad (and often illegal) lender.
How do I know if I have too much debt?
When you are unable to pay off your outstanding debts at the end of the month, or get close to that point.
What is a repayment period?
The length of time someone takes to repay their loan. A repayment period is the allocated amount of time to...
What is debt?
Debt is money you owe.
Financial Terms Explained (A – F)
The financial world can sound very complicated if you don’t understand the terms. In our super simple guide below, we explain some of the basic financial terms that will help you prepare for your better financial future. It will increase your financial literacy and possibly help you to grow your wealth as well.
Can't find the answer you're looking for? Don't worry we're here to help!