What is asbestos?
The Bankrate.com financial term of the day is: "Asbestos"
Asbestos is a substance that can be found in older homes and buildings because at one time, we thought it was a good thing -- but now we know better. It's a fire-resistant material that was once used in insulation. Asbestos is considered a hazard these days because it can lead to lung ailments and even cancer.
Asbestos had been a fairly common construction material because it's useful in preventing fires, but it's seen as more of a health threat than a help.
To find a great rate on a home loan, visit the Mortgages section at Bankrate.com.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
You go to buy a car. You have cash or financing in hand, but the dealer says, "Sorry, federal law requires a credit check. The Patriot Act, you know."
... Read more