Sentence examples for average balance of loans from inspiring English sources

The phrase "average balance of loans" is correct and usable in written English.
It can be used when discussing financial metrics, particularly in the context of banking or lending, to refer to the mean amount of money owed across multiple loans.
Example: "The bank reported an increase in the average balance of loans, indicating a rise in borrowing among customers."
Alternatives: "mean loan balance" or "typical loan balance".

Exact(1)

Consider this: the Treasury reports that the average balance of loans made by all these 22 banks in October 2009 was $4.1 trillion, a decline of almost one percent from September.

Similar(59)

If you look at the average balance of the loans under $100,000, it's $6,323 for the top 50 banks.

But the average balance of these loans is just $6,323 — which raises an interesting question: Is it fair for the big banks to equate credit card lending with the much more rigorous process of qualifying a business for a more substantial loan with a balance of, say, $100,000 to $1 million?

JPMorgan Chase's "better banking" accounts have a minimum daily balance requirement of $1,500 or combined monthly average balance of $5,000 in a linked deposit, loan or investment accounts to avoid the monthly fee.

Those with loans carry an average balance of $23,000, which results in bills of about $250 a month.

There are not many comprehensive studies of students' credit card debt, but the loan company Nellie Mae, a unit of Sallie Mae, reported that in 2004, 76percentt of undergraduate students had cards, and that they carried an average balance of $2,169.

Discover's overall balance of loans increased 5 percent from a year earlier in the latest quarter, despite a 1 percent decline in credit card loans.

Loan Loss Reserve/Loans (100 {times })) It is the ratio of the loan loss provision to the total balance of loans.

Loans/Deposits is the ratio of the total balance of loans to the total balance of deposits of the bank.

Lawyers for the bond investors estimate that the average unpaid principal balance of the loans is approximately $200,000.

The O.M.B. assumed that 400,000 borrowers from 2012 through 2021, each with a beginning average loan balance of about $39,500, would each eventually receive loan forgiveness of about $41,000.

Show more...

Ludwig, your English writing platform

Write better and faster with AI suggestions while staying true to your unique style.

Student

Used by millions of students, scientific researchers, professional translators and editors from all over the world!

MitStanfordHarvardAustralian Nationa UniversityNanyangOxford

Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak quote

Justyna Jupowicz-Kozak

CEO of Professional Science Editing for Scientists @ prosciediting.com

Get started for free

Unlock your writing potential with Ludwig

Letters

Most frequent sentences: