F
Fair Credit Reporting Act
A consumer protection law that regulates the disclosure
of consumer credit reports by consumer/credit reporting
agencies and establishes procedures for correcting mistakes
on one's credit record.
[Back to top] Fixed Rate Loans
Fixed Rate Loans are loans where the interest rate is
fixed at the outset for the full term of the loan and does
not change, meaning that you will always know exactly what
your repayments will be.
[Back to top] Forbearance
A special arrangement between the borrower and lender in
which the lender allows the borrower to temporarily stop
making payments or to make smaller payments than would otherwise
be required.
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