Loans

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Clusterstock  Jul 17  Comment 
(Reuters) - Wells Fargo won the dismissal of two lawsuits on Friday that had accused the largest U.S. mortgage lender of violating the federal Fair Housing Act by engaging in predatory lending practices in Los Angeles and Chicago. The lawsuits...
Yahoo  Jul 17  Comment 
Federal Reserve Vice Chair Stanley Fischer said on Friday there should be no further limits put on the U.S. central bank's emergency lending powers. In response to a question following a speech to the ...
The Hindu Business Line  Jul 17  Comment 
The National Bank for Agriculture and Rural Development (Nabard) has promised to give a loan of Rs 3,000 crore for the Telangana WaterGrid project. “The bank has agreed to disburse the loan...
Financial Times  Jul 17  Comment 
Earnings season shows banks are positioned to respond to a return of borrowing appetite
Wall Street Journal  Jul 16  Comment 
Texas billionaire Sid Bass agreed to lend Blue Bell Creameries up to $125 million to help the ice-cream maker rebound from a sweeping recall, and the deal could give the Bass family a one-third stake in the private company.
Finance Asia  Jul 16  Comment 
A roundup of the latest syndicated loan market news.
Forbes  Jul 16  Comment 
At Google, a 25-year-old is a known quantity. Where young job candidates went to school, what they majored in, and many more data points help Google predict which are more likely to succeed in certain roles. But outside the Googleplex, those...
Reuters  Jul 16  Comment 
The European Bank for Reconstruction and Development said on Thursday it was considering granting a $300 million trade finance loan to Ukrainian state energy firm Naftogaz to buy gas on the European market.
The Australian  Jul 16  Comment 
The banking regulator has tightened the rules governing the major banks’ property lending.




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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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