Loans

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The Hindu Business Line  6 hrs ago  Comment 
Home loan protection policies offer to pay the dues in the event of your untimely demise
TechCrunch  Jul 20  Comment 
 Between 2008 and 2010, Wonga was doing something mind-bendingly stupid: sending letters from fake law firms to borrowers behind on their loans. It sounds like a bad office prank. They even took the firm names from apparently still current...
The Hindu Business Line  Jul 19  Comment 
The Andhra Pradesh Government is finalising the modalities for crop loan reschedule. A review meeting was held here today with Chief Minister, N Chandrababu Naidu, Finance Minister, Yanam...
The Hindu Business Line  Jul 19  Comment 
Plans to float Rs 1,000-cr QIP/FCCB issue, re-appoint GVK Reddy as CMD for five years
newratings.com  Jul 18  Comment 
MOSCOW (dpa-AFX) - The International Monetary Fund on Friday said that Ukraine can secure the second tranche of its $17 billion bailout loan as it has met most of the performance criteria. "The mission has reached understandings with the...
Reuters  Jul 18  Comment 
British cigarette maker Imperial Tobacco is set to launch loans totaling $13.1 billion to back its acquisition of selected brands and assets from Reynolds American Inc , the lead...
OilVoice  Jul 18  Comment 
Caspian Energy Inc. TSX VENTURECKZ.H announces that it has drawn down and received U.S.1.5 million under the loan agreement the quotLoan Agreementquot that it entered into and announced on J
Forbes  Jul 17  Comment 
Nigerian President Goodluck Jonathan plans to borrow as much as $1 billion from foreign institutions to aid Nigerian security forces in fighting the Islamist terrorist group Boko Haram.




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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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