A loan agreement is a legal contract between a borrower and a lender detailing the conditions for the loan. It regulates the mutual promises made by each party. These are documented via a compilation of the various mutual promises...

Finance is the management of large amounts of money and providing funds for an enterprise or venture. It broadly encompasses the oversight, creation and study of money, banking, credit, investments, assets and liabilities that make up financial systems. Individuals,...

After all the talks of demonetization… the term that has found prevalence is the use of plastic money. I’m sure most of us would know what plastic money is but to set the score straight plastic money is the...

Credit card cash advance refers to service provided by credit card issuers allowing cardholders to withdraw a certain cash amount. Credit card cash advance involves a steep rate of interest or fees. These do not require any prior approval...

“Loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient (i.e. the borrower) incurs a debt, and is usually liable to pay interest on that debt until...

Bank of America is a multinational investment bank and financial services company. It is the second largest banking institution in America with branches worldwide. Its corporate practices of servicing the middle class and wider banking community have yielded a...