What is an LVR?

TODAY I’M EXPLAING THE LOAN TO VALUE RATIO, OR WHAT’S CALLED L V R FOR SHORT. THIS TERM IS USED TO DESCRIBE THE SIZE OF A LOAN AS A PERCENTAGE OF THE UNDERLYING ASSET THAT THE LOAN IS FOR.

Bad Debt and Good Debt

BAD DEBT IS THE FOCUS OF TODAY’S DISCUSSION. BAD DEBT IS SIMPLY BORROWING MONEY TO…