Archive for August, 2009
« Previous EntriesLife Insurance
Category: Insurance, Posted on August 24th, 2009 by xblackmindx | No CommentsWhole life insurance, also known as “cash-value” insurance is a basic and consistent type of permanent life insurance which remains in effect your entire life at a level premium. This life insurance is a good choice got you if you do not expect your life insurance needs to diminish over time. A portion of your [...]
Prepayment Clause
Category: Admin Note, Posted on August 20th, 2009 by xblackmindx | No CommentsTo prepay means to pay off the indebtedness before the end of the loan term. Under traditional common law, the mortgagor has no right to prepay a mortgage unless the right is explicitly rovided by a prepayment clause. In some states statutory law has reversed this. Now, any note that is silent as to the [...]