The Center For Debt Management
Debt Relief

Credit and Financing

Home Mortgage

Home Refinance

Second Mortgage

Reverse Mortgages

Home Equity Loans

VA Home Loans

FHA Loans

Credit Cards

Reward Cards

Debit Cards

Cash Advances

Payday Loans

Personal Loans

Auto Loans

Motorcycle Loans

Auto Refinance

Consolidation Loans

SubPrime Loans

Military Loans

Student Loans

Business Loans

Mortgage Rates

Interest Rates

Credit Report

Financial Library

Financial Bookstore


Glossary of
FinanciaI & Real Estate Terms

Index of Terms | Complete List of Terms

A  |  B  |  C  |  D  |  E  |  F  |  G  |  H  |  I  |  J  |  L  |  M
N  |  O  |  P  |  Q  |  R  |  S  |  T  |  U  |  V  |  W  |  Z

Garnishment : A court order to an employer to withhold all or part of an employee's wages and to send the money to the court or to the person who won a lawsuit against the employee. This is a court-ordered process that takes property from a person to satisfy a debt.

Gross Monthly Income : The salary which an individual earns per month, before any taxes or expenses are deducted.

Gross Salary : The entire amount of salary earned before taxes and other deductions are made. The gross salary is different from the net salary or the take home pay, which is the amount of salary after taxes and other deductions are made. The gross and net salary is a major consideration on the amount of loan an individual can be granted.

Goals: This is a reference to a financial goal, which relates regarding the goals you have set for your life and the ways and means to achieve the mark. A goal is an aspiration and target that one desires to achieve someday.

Gold Card : A premium major credit card, the Gold card offers those with great credit ratings a much higher limit than your every day credit card. For e.g., if an average credit card limit is $2000 the average Gold card limit is likely to be $6000.

Good Faith Estimate : An estimate of charges and fees which a borrower is likely to incur in connection with a loan closing.

Government Loan : A type of mortgage insured by the FHA (Federal Housing Authority), VA (Veteran's Administration), or RHS (Rural Housing Authority).

Government National Mortgage Association (Ginny Mae) : Ginny Mae provides funds for government loans and takes over special assistance and liquidation functions of Fannie Mae.

Grace Period : A time period when a lender will give you as a grace during which you are not charged interests and need not make payments.

Graduated Payment : Repayment terms calling for gradual increases in the payments on a closed-end obligation. A graduated payment loan usually involves negative amortization.

Grantee : The person to whom an interest in real property is conveyed.

Grantor : The person conveying an interest in real property.

Gross Debt : All long-term debt incurred and outstanding.

Gross Monthly Income : The total amount a borrower earns per month, not including any taxes or expenses. It is often used in calculations to determine if a borrower qualifies for a particular loan.

Guarantee : This term means to be assured that something will come through, whether you get a low interest guarantee or a guaranteed approval.

Guarantees : When a person has assured the creditor that the debtor will make the repayments. If the debtor fails to make the payments the guarantee will be liable for them.

A  |  B  |  C  |  D  |  E  |  F  |  G  |  H  |  I  |  J  |  L  |  M
N  |  O  |  P  |  Q  |  R  |  S  |  T  |  U  |  V  |  W  |  Z

Index of Terms | Complete List of Terms

Get Out of Debt! — Call Right Now — 1800 DEBT.COM

Over 2,000 Pages of Content
Free Debt Consultation
Center For Debt Management

Center For Debt Management

The Center For Debt Management

Helping Consumers Save Money and Reduce Debt Is Our Only Business!

We invite you to explore the sectors listed below. We promise that you'll find exceptional values, offers and resources to reduce your living expenses and to enjoy life! But First—if you're over-your-head in debt—get a free no-obligation debt consultation right now!

Debt Management and Financial Services! The Internet's oldest and most comprehensive debt management agency! Resources for debt management, consumer credit counseling, debt consolidation loans, debt settlements, legal aid, financial aid, credit and financing, credit reports, budget software, insurance, income resources, tax assistance and more. Get out of Debt! Call Now — 1800DEBT.COM

Established In 1989 and Serving The Online Community Since 1992!

Get Out Of Debt: Call

Center For Debt Management