Sentences with phrase «equivalent number of loans»

I've also assumed having OverDrive manage all the administration of loans would result in substantial cost - saving over the cost of labour, shipping, lost or misplaced items for hardcopy books in a large multi-branch system — for an equivalent number of loans.

Not exact matches

Interest coverage is the equivalent of a person taking the combined interest expense from his or her mortgage, credit card debt, automobile loans, student loans, and other obligations, then calculating the number of times it can be paid with their annual pre-tax income.

As at the end of December 2007, the arrears rate was 4.5 per cent of the number of outstanding non-conforming loans in Australia, above the 0.25 per cent arrears rate on securitised Australian prime loans, but significantly below the equivalent arrears rate on sub-prime loans in the US (Graph 14).