broad range of borrowers

USAGE SUMMARY

The phrase "broad range of borrowers" is correct and usable in written English.
It can be used when discussing various types of individuals or entities that take out loans or credit. Example: "The bank offers a broad range of borrowers access to its financial products, catering to both individuals and businesses."

✓ Grammatically correct

News & Media

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

They also want qualified mortgages to be available to a broad range of borrowers, not just those with pristine credit.

The New York Times

Why would it do this?That would help the economy by lowering rates for a broad range of borrowers, including Americans looking to take out a mortgage and companies looking to use debt to finance expansion.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

The point-of-sale opportunity is also specifically suited to marketplace lending in a way that refinancing is not; retailers need high approval rates, which the marketplace lending model is uniquely suited to offer because of its ability to find investors for a broad range of borrower credit profiles.

TechCrunch

Rising default rates have thus far had a modest impact on the overall economy, but economists fear that the problems could intensify if a broader range of borrowers, including those with stronger credit, start falling behind on payments.

The New York Times

They've extended credit to a broader range of borrowers and in so doing utilized the seamless user interfaces that are hallmarks of Silicon Valley.

Huffington Post

The temptation will be to make the definition of what constitutes a qualified mortgage as broad as possible, to ensure that the banks lend to a wide range of borrowers.

The New York Times

The FPC statement warned that "heightened and prolonged uncertainty" had the potential to drive up interest rates for a wide range of assets, "which could lead to a further depreciation of sterling and affect the cost and availability of financing for a broad range of UK borrowers".

The Guardian - Business

By providing liquidity to issuers of consumer asset backed paper, the Federal Reserve facility will enable a broad range of institutions to step up their lending, enabling borrowers to have access to lower cost consumer finance and small business loans.

Forbes

Most offer a broad range of prices.

The New York Times - Travel

A broad range of stocks rose.

The New York Times

I play to a broad range of ages, a broad range of classes on tour.

The Guardian

Expert writing Tips

Best practice

When using "broad range of borrowers", ensure the context clarifies what makes the range broad. Specify the characteristics that differentiate the borrowers, such as credit scores, business types, or geographic locations.

Common error

Avoid using "broad range of borrowers" without providing any specific details about the borrowers' characteristics. This can lead to vagueness and reduce the impact of your statement. For example, instead of saying 'Our services are available to a broad range of borrowers', specify 'Our services are available to a "broad range of borrowers", from startups to established corporations'.

Linguistic Context

The phrase "broad range of borrowers" functions as a noun phrase that modifies a subject in a sentence. It describes a diverse set of individuals or entities seeking to obtain funds. Ludwig's examples show how it is employed to indicate inclusivity and variety in lending contexts.

Expression frequency: Rare

Frequent in

News & Media

100%

Less common in

Science

0%

Formal & Business

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "broad range of borrowers" is a grammatically correct and usable expression in English, primarily found in news and media contexts. As Ludwig AI suggests, it's employed to describe a varied group of individuals or entities seeking loans or credit. While not exceptionally common, it effectively communicates inclusivity and diversity in financial contexts. To enhance clarity, it's advisable to specify the characteristics that define the "broad range" when using this phrase.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

wide array of borrowers

Replaces "broad" with "wide" and "range" with "array", emphasizing variety.

diverse group of borrowers

Substitutes "broad range" with "diverse group", highlighting the heterogeneity of the borrowers.

varied spectrum of borrowers

Uses "varied spectrum" instead of "broad range", suggesting a continuous range with different characteristics.

extensive collection of borrowers

Replaces "broad range" with "extensive collection", focusing on the number and variety of borrowers.

comprehensive set of borrowers

Uses "comprehensive set" instead of "broad range", implying completeness and inclusivity.

wide selection of borrowers

Replaces "broad range" with "wide selection", suggesting a choice among many borrowers.

heterogeneous mix of borrowers

Substitutes "broad range" with "heterogeneous mix", emphasizing the different types of borrowers.

assorted assortment of borrowers

Uses "assorted assortment" instead of "broad range", underlining the variety within the borrower pool.

large demographic of borrowers

Replaces "broad range" with "large demographic", focusing on the statistical characteristics of the borrowers.

inclusive pool of borrowers

Substitutes "broad range" with "inclusive pool", highlighting the accessibility for different types of borrowers.

FAQs

What does "broad range of borrowers" mean?

The phrase "broad range of borrowers" refers to a diverse or varied group of individuals, businesses, or entities seeking and obtaining loans or credit. The term implies that the group is not limited to a specific type or category of borrower.

How can I use "broad range of borrowers" in a sentence?

You can use "broad range of borrowers" to describe the target audience of a lending product or service. For example: "The bank offers mortgage options suitable for a "broad range of borrowers", including first-time homebuyers and seasoned investors."

What are some synonyms for "broad range of borrowers"?

Alternatives to "broad range of borrowers" include "wide array of borrowers", "diverse group of borrowers", or "varied spectrum of borrowers", depending on the nuance you want to convey.

Is it better to say "broad range of borrowers" or "wide range of borrowers"?

Both "broad range of borrowers" and "wide range of borrowers" are grammatically correct and convey a similar meaning. The choice between them often comes down to personal preference or stylistic considerations, as they are largely interchangeable.