If your credit report has any negative history, or if there is something in your mortgage application that requires more information, a lender may ask you to submit a "letter of explanation." This isn ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. An ordinary annuity is a series of equal payments made at the end of a time period for a ...