Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Introductory Rates
An introductory rate is often offered as an incentive to a potential customer and is a means for a credit provider to better its competition. Introductory rates are often temporary and consumers are always advised to thoroughly analyse any agreement before signing.