Factor rates are often used for short-term loans and merchant cash advances but should be converted into APRs to better understand the cost of financing. Many, or all, of the products featured on this ...

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 ...

One major factor lenders consider when reviewing your mortgage application is your debt-to-income ratio (DTI). Essentially, how much of your paycheck goes toward paying down debts. A lower DTI tells ...