Prepayment Penalty

What Is The Prepayment Penalty

Many instant cash loans may charge a prepayment penalty for paying off the cash loans early. While that may seem outrageous with just a quick glance, there is at least some justification for the practice. There are of course other types of penalties sometimes associated with instant cash loans as well. Among the most common…

Automated Clearing House

What Is ACH or Automated Clearing House

Automated Clearing House The Automated Clearing House is the system established and regulated by the United States Government for the purpose of facilitating electronic loan transfers. Any time that you have an electronic transaction that immediately deposits or removes money from your bank account, it is very likely that it is covered and regulated by…