Sentences with phrase «safety net for borrowers»

Should we keep constricting the safety net for borrowers because we think this will encourage creditors to keep lending?

What this means is that the bank needs to consider the potential consequences of enabling America's debt addiction, and at the very least, provide a strong safety net for borrowers who get into trouble.

Not exact matches

The presence of a cosigner with a strong credit and income history is a safety net for the lender — with a cosigner, lenders have an extra layer of protection against borrower default.

«At least on a mass scale, there's really no safety net out there for low - income borrowers,» says Will Backstrom, a homeownership coordinator with the Neighborhood Housing Services of Baltimore Inc., a nonprofit group that provides housing help to residents of distressed areas.