Sentences with phrase «riskier than secured loans»
This makes unsecured loans to be riskier than secured loans.
http://myfinancekits.com/ Not exact matches
Also, keep in mind that some kinds of secured loans are riskier than others.
A secured bad credit loan is a less risky version of loan than an unsecured bad credit loan and therefore will carry a lower interest rate - up to ten percent less in most cases.
Mortgages are an example of secured debts, which are considered less risky than personal loans and credit cards.
Because secured loans are less risky for lenders, they typically have lower interest rates than unsecured loans.
Although unsecured business loans are riskier for the lender, the approval time can actually be shorter than it is for secured loans.
Also, keep in mind that some kinds of secured loans are riskier than others.
The personal loan would be riskier than parking the money in an FDIC insured bank account, but the risk can be mitigated if the loan is secured by the home like a regular mortgage.
The loans were riskier than conventional, secured mortgages, but carried much higher interest rates and produced strong returns for several years.
«Risky Loans» include any loan you don't understand, any loan that makes it too easy to borrow more than you can afford to pay back, any loan that has the acronym «IO», many loans that contain the acronym «ARM», any loan secured under loose underwriting standards, any loan obtained by providing false information, any loan obtained by a borrower who didn't shop around... you get the Loans» include any loan you don't understand, any loan that makes it too easy to borrow more than you can afford to pay back, any loan that has the acronym «IO», many loans that contain the acronym «ARM», any loan secured under loose underwriting standards, any loan obtained by providing false information, any loan obtained by a borrower who didn't shop around... you get the loans that contain the acronym «ARM», any loan secured under loose underwriting standards, any loan obtained by providing false information, any loan obtained by a borrower who didn't shop around... you get the idea.
Now, that's because they're making a riskier loan to you because they're loaning against a property that's usually in bad condition and their money isn't secure by anything other than that asset.