Alternative financial services in the United States — refers to a particular type of financial service, namely sub prime lending (that is lending to people with relatively poor credit) by non bank financial institutions. This branch of the financial services industry is more extensive in the United… … Wikipedia
loan — verb. In 19c British English, loan was a standard alternative for lend, but by the time Fowler wrote (1926) loan had been largely driven out by lend, although it has continued in use in AmE. In current use loan is mostly confined to non British… … Modern English usage
loan notes — Debt securities or instruments. They may be offered by a buyer or bidder, often as an alternative to cash in a takeover and can be a useful method, subject to the satisfaction of certain conditions, of enabling a selling shareholder to defer any… … Law dictionary
loan note — Debt securities or instruments. They may be offered by a buyer or bidder, often as an alternative to cash in a takeover and can be a useful method, subject to the satisfaction of certain conditions, of enabling a selling shareholder to defer any… … Law dictionary
Alternative financial services — A shop window in Falls Church, Virginia. Alternative financial services (AFS) are financial services provided outside traditional banking institutions, on which many low income individuals depend.[1] … Wikipedia
Alternative data — In economic policy, alternative data refers to the inclusion of non financial payment reporting data in credit files, such as telecom and energy utility payments. Only 39 of 178 economies (22 percent) have credit bureaus that currently track… … Wikipedia
Alternative Documentation — A documentation process designed to expedite loan approval where the lender accepts from the borrower documents such as W 2s, paycheck stubs and bank statements as verification of income made on the loan application. Confirming a borrower s… … Investment dictionary
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
Payday loan — A shop window in Falls Church, Virginia advertises payday loans. A payday loan (also called a paycheck advance) is a small, short term loan that is intended to cover a borrower s expenses until his or her next payday. The loans are also sometimes … Wikipedia
Hard money loan — A hard money loan is a specific type of asset based loan financing in which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional… … Wikipedia
