Loans

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The Economic Times  15 min ago  Comment 
Senior officials said that Union Bank has received mandate for all the member banks to jointly sell the loans of the company which will could result in lower haircut.
The Economic Times  40 min ago  Comment 
The states which end up borrowing at the lowest weighted average cost are those which have borrowed more when yields were down and not because the market favoured them.
Channel News Asia  4 hrs ago  Comment 
Bank of America Corp plans to stop lending to companies that make military-style firearms for civilians, Bloomberg reported on Tuesday, making it the second major U.S. lender to address gun sales after the Florida high school shooting that left...
The Economic Times  10 hrs ago  Comment 
A ministry official said a meeting will be soon convened to check progress of the PSBs on implementing measures such as setting up of stressed asset verticals and coordination on large value loans.
Financial Times  Apr 9  Comment 
The Economic Times  Apr 9  Comment 
“He (Rajiv Kochhar) was examined for the fifth day and let off in the evening,” said a CBI source, who declined to comment on whether the agency would continue with its examination.
The Economic Times  Apr 9  Comment 
Svatantra Microfin Pvt Ltd has lowered lending rate by 350 basis points to 19.25%, making it the lowest rate by any microfinance firm in the country.
Financial Times  Apr 9  Comment 
Christian Sewing has earned his spurs in traditional banking and risk management
guardian.co.uk  Apr 9  Comment 
Private equity executive Joshua Harris began financial disclosure process with support of Trump son-in-law before backing out, sources say. In 2017 his company loaned $184m to Kushner family business A senior private equity executive was...




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Loan

A loan is an arrangement to borrow money. The lender provides the money with the understanding that the borrower will return the corpus in the future plus interest which gives the lender an incentive to lend out the principal.

Investors use many types of loans for example it could be a purpose loan using securities as collaterall with proceeds from the loan being used to purchase additional securities. [1] Or it could be a Hypothecate loan pledging securities as collateral for a loan to use for a specific purpose, without giving up ownership of the securities. [2]


Loans can broadly be categorized in to two variations:

same day loans

Secured Loans

This is the kind of loan where the borrower pledges some kind of collateral as a security until the principal is paid off completely. The most common example would be a Mortgage Loan, where the lender holds a lien on the house title until it's paid off in full.

Same day cash loans

Secured loans that lack sufficient collateral can sometimes be made by having the lender secure a guarantee from the SBA. Quickcash

Each lender will have their own underwriting criteria for a secured loan, but typically the following five factors of the borrower are considered: 1.) Capital 2.) Capacity 3.) Collateral 4.) Conditions 5.) Character [3]

12 month loans fast

Unsecured Loans

This is the kind of loan where the borrower does not provide a collateral. But, generally should provide proof of regular source of income and / or stable job so that the lenders can weigh their risk and come up with an interest rate for the term of the loan.
Examples would be, credit card loans, personal loans etc,.

13c, to lend, to borrow, originally, to let have, to leave (to someone), gift, loan is attested from 1620s, Loan word (1874), loan-translation is attested 1933. Slang loan shark first attested 1905. [1]

References

  1. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Gordon Malkiel ISBN-10: 0393062457 pg295
  2. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Gordon Malkiel ISBN-10: 0393062457 pg182
  3. http://bizplancompany.com/the-5-cs-of-lending/
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