Blog
Search Results for tag: loan-vig
What is a Vig on a Loan?
Simply put, vig is a slang term that is used to describe the interest rate for a loan. If someone asks, “What’s the vig on the loan?” what they are really asking is, “How much money are you paying in interest for your loan?” In a world like The Sopranos, however, where loan sharks are everywhere, they’re referring to interest paid in cash. And for loan sharks and characters like Tony Soprano, the vig is straight profit.
Continue reading...Recent Posts
- Springtime Travel Deals
- Save Money With Grocery Delivery Apps
- Staying Warm During a Cold Spring
- Saving Money At The Pump
- Spring Cleaning For Your Finances
- Why Canadians are Choosing Staycations
- How the Covid-19 Omicron Variant will Increase Inflation
- Christmas Shopping Hacks for 2021
- Why Peterborough's Job Rate is Ramping Up
- The Rise of Single Female Entrepreneurs in Toronto