Factor rates are a fixed fee multiplied by the entire loan up front, which means that you’ll pay the entire fee even if you pay the loan off early To compare loans with traditional interest rates and ...

Factor rates are often used for merchant cash advances and short-term loans. Here’s how to convert them into interest rates to better understand the cost of financing. Many, or all, of the products ...

Learn how conversion privilege in insurance allows you to update policies without health checks. Explore benefits, key rules, ...

Gina Young is an accomplished finance writer who has written for publications including SuperMoney, Examiner, Lexington Law, Talk Markets, and CreditRepair.com. Throughout her career in finance, Gina ...