Sentences with phrase «very risky borrowers»
And some corporate bond issues are very risky borrowers, which means they offer bonds with high interest rates.
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Doing so would be very risky because such borrowers already have a habit of defaulting and if they do, there might not be enough to compensate both lenders of a registered mortgage.
Lending to people with bad credit is very risky for the investor who must try to recover as much of their money before borrowers fail to repay.
«However, if you are perceived to be a riskier borrower... it's very hard for you to get credit.»
However, when interest rates start rising these loans are becoming very risky for the borrower as the monthly mortgage payment starts rising too.