Triangle Report - Raleigh Real Estate News

A line of credit where repayment is in regular intervals based on the amount of credit the borrower uses plus interest. There is no need to reapply for credit each time a purchase is made. The most common type of revolving debt is a credit card.

Raleigh Real Estate’s Triangle Report

An agreement made between a lender and a borrower who is delinquent on their loan. The borrower agrees to make additional payments on top of his or her monthly payments in an attempt to pay down the delinquent monies owed.

Raleigh Real Estate’s Triangle Report