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:: HOME :: CREDIT CARDS :: LONG DISTANCE :: INTERNET SERVICE :: LOANS · Main Page · Auto Loans · Home Loans · Student Loans · Debt Consolidation · Credit Report & Score · Loan Calculators · Loan FAQs · Loan Articles · Loan Glossary · More Resources :: CELL PHONES :: INSURANCE :: BANKING :: KNOWLEDGE :: MORE  |
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Balloon Loandefine: Balloon Loan Unlike an amortized loan, which pays off the principal completely at the end of the loan, a balloon loan leaves a large amount of principal unpaid. Often, consumers refinance the balloon amount.  Email this entry
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