A principal payment is a payment toward the original amount of a loan. A principal payment is one made on a loan that reduces the remaining loan amount due.| Corporate Finance Institute
Looking to become a certified credit analyst? Discover CFI's in-depth credit analyst training program. ✓ Start your certification journey now!| Corporate Finance Institute
Understand credit rating frameworks, scales, and their impact on bond pricing and risk. Strengthen your fixed‑income knowledge—explore now!| Corporate Finance Institute
A credit score is a number representative of an individual's financial and credit standing and ability to obtain financial assistance from lenders.| Corporate Finance Institute