Lindy 
An adjustable-rate mortgage (ARM) with a monthly payment that can change, based on changes in the index used to calculate the interest rate. The payment can increase or decrease, but will never increase more than the fully indexed rate plus the margin. What happens after a 7 year ARM? Assuming you’re referring to a 7/1 … Read more
Reinsurance: Insurance for Insurers Why do insurers use reinsurance? There are several reasons for insurers to use reinsurance. One reason is to protect themselves from the financial ruin that could occur if they had to pay out a large number of claims at one time. This is known as catastrophe protection. Another reason is to … Read more
Microcredit is a type of financial service that offers small loans to entrepreneurs, farmers, and other low-income individuals who lack access to traditional banking services. Microcredit loans are typically used to finance small businesses or to cover basic needs such as housing, education, or medical care. Microcredit programs typically charge interest rates that are lower … Read more
Investors use track records a lot to make decisions. The track record is the results curve of an investor, a collective investment institution or a system of trading for a specified period. In the track record you can view the operations that a trader or person in charge has carried out in a period of … Read more
