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All terms starting with "N"
The person or people listed on an insurance policy … moreThe person or people listed on an insurance policy declarations page.
The named insured is explicitly covered by the insurance and has the legal rights and obligations under that policy. For example, only someone listed as named insured can make changes to the insurance policy.
The named insured is explicitly covered by the insurance and has the legal rights and obligations under that policy. For example, only someone listed as named insured can make changes to the insurance policy.
In addition to the one-time overdraft fee that ban … moreIn addition to the one-time overdraft fee that banks charge when a customer withdraws more money than his checking account holds, many banks also charge extended overdraft fees -- also known as negative account balance fees. This fee is assessed on a periodic basis (i.e. $5 every 2 days), though the timing of it first being charged varies from bank to bank. For example, some banks first impose the fee after the account has been overdrawn for five days.. It's therefore a good idea to check your account's Fee Schedule to determine how your bank handles extended overdrafts.
New car loans typically have lower interest rates … moreNew car loans typically have lower interest rates and longer terms than their used counterparts because new cars will theoretically have enough trade-in value for the lender to recoup amounts owed to him if a borrower defaults on his obligations, while used car loan risk must be mitigated upfront.
Different institutions -- including banks, credit unions, and the financing arms of dealerships themselves-- offer new car loans, and it's a good idea to compare rates from all of them in order to find the best deal.
Different institutions -- including banks, credit unions, and the financing arms of dealerships themselves-- offer new car loans, and it's a good idea to compare rates from all of them in order to find the best deal.
"No credit" and "limited credit" are often used in … more"No credit" and "limited credit" are often used interchangeably to describe people who either do not have any information on file with the major credit bureaus (Equifax, TransUnion and Experian) or whose credit reports reflect less than three years of experience as the primary account holder on a credit card or loan.
Young people and recent immigrants just beginning financial autonomy in the U.S., are not the only ones typically classified as having "no credit." Unfortunately, recent divorcees and widowers can technically be "new to credit" as well, even if they once had robust credit histories, because creditors require up-to date-information about one's credit performance.
As opposed to "bad credit," which denotes poor credit management, "no credit" simply means that you have yet to establish a pattern of credit usage (either positive or negative).
Young people and recent immigrants just beginning financial autonomy in the U.S., are not the only ones typically classified as having "no credit." Unfortunately, recent divorcees and widowers can technically be "new to credit" as well, even if they once had robust credit histories, because creditors require up-to date-information about one's credit performance.
As opposed to "bad credit," which denotes poor credit management, "no credit" simply means that you have yet to establish a pattern of credit usage (either positive or negative).
Tweleve states have "no fault" auto insurance laws … moreTweleve states have "no fault" auto insurance laws that require drivers to carry insurance to cover their own personal injuries suffered in an accident, regardless of fault.
Personal injury protection (PIP) insurance provides this coverage. Therefore, PIP insurance is sometimes referred to as "no fault" insurance.
Read more about no fault insurance states.
Personal injury protection (PIP) insurance provides this coverage. Therefore, PIP insurance is sometimes referred to as "no fault" insurance.
Read more about no fault insurance states.
When you use ATMs that are outside of your bank's … moreWhen you use ATMs that are outside of your bank's free ATM network, there are two fees that may be charged. One fee may be charged by your own bank usually referred to simply as an 'ATM Fee' and the second fee by the company whose ATM you are using typically called an 'ATM Owner Surcharge.' These fees are known as a Non-Bank ATM Fees.
Checking accounts are usually classified as offering a 'Non-Bank ATM Fee Rebate' if: 1) your bank does not charge an ATM fee AND 2) you either receive at least 3 rebates for fees charged by other banks on your account or have at least $8 refunded back into your account per month
Checking accounts are usually classified as offering a 'Non-Bank ATM Fee Rebate' if: 1) your bank does not charge an ATM fee AND 2) you either receive at least 3 rebates for fees charged by other banks on your account or have at least $8 refunded back into your account per month
Debts that cannot be eliminated in bankruptcy are … moreDebts that cannot be eliminated in bankruptcy are non-dischargeable, and remain legally enforceable despite the bankruptcy filing. The list of non-dischargeable debts differs between Chapter 13 bankruptcy and Chapter 7 bankruptcy.