A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...

A loan for which a borrower is not required to pay any interest. However, a borrower will have to repay...

A reaction that is triggered upon occurrence of a predefined event such as when loans/ liabilities exhibit a high percentage…

An acronym for home-equity line of credit; a line of credit that is secured by a borrower's home equity. As...

A line of credit that is secured by a borrower's home equity. As a security, it gives a homeowner borrower...

A loan that is not guaranteed by any specific type of property. The creditor receives no collateral as an assurance...

A crowdfunding which involves the crowd lending to businesses (people to business/ person to business- P2B) or to persons (peer…

It stands for loan loss reserve; a type of credit enhancement whereby a reserve (specifically, a cash reserve) is created...

A type of credit enhancement whereby a reserve (specifically, a cash reserve) is created by a bank for the purpose...

The complete whole loan that is extended to a borrower for residential financing. It is a standalone, individual loan that...