Loans

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The Hindu Business Line  Aug 11  Comment 
Total burden could swell to ₹2.7 lakh cr
The Economic Times  Aug 11  Comment 
the volume of overall digital payments increased by over 55% in 2016-17. The retail payments segment accounted for as much as 98% to 99%.
Financial Times  Aug 11  Comment 
Mutual’s research find consumers expect minimal impact from Brexit on access to credit
Financial Times  Aug 11  Comment 
Country’s biggest lender sees rise in defaults after absorbing weaker rivals
The Economic Times  Aug 11  Comment 
"The government has not written off even a single rupee of corporate loan... You should verify it before repeating it again and again," Jaitley said.
BBC News  Aug 11  Comment 
The building society lends less for home buying but opens more current accounts than any other provider.
The Hindu Business Line  Aug 11  Comment 
Heavy loan loss provisions has dragged State Bank of India's first quarter net profit down 20 per cent. Net profit in the reporting quarter was down to Rs 2,006 crore against Rs 2,521 crore. Ne...
The Hindu Business Line  Aug 11  Comment 
Shares of Union Bank of India fell due to increase in provisioning for bad loans. The stock fell as much as 7.7 per cent to Rs 124, its lowest in over 7 months. State-run bank's Q1 profit fell abou...
Financial Times  Aug 10  Comment 
Elderly female debt collectors intimidated borrowers into paying up




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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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