Your English writing platform
Discover LudwigExact(6)
The draining of the credit pool is already having a visible effect.
At the opposite end of the spectrum, weaker banks will face a double whammy of higher costs and a deteriorating credit pool as their best customers migrate to competitors.
Merrill's index of bonds rated CCC or lower — the very bottom of the credit pool and indicating a substantial risk of default — has gained almost 75percentt in 2009, adjusted for inflation.
In actual application situations, lenders who want to increase their loan business to home buyers may dig deeper into the credit pool and offer relatively more attractive rate deals to people whose scores are not pristine.
Loans are underwritten by a credit pool supplied by a mix of asset managers and family offices, who take more than half of all earnings from the loan book, Lynch said.
Too many will mean a large available credit pool, which means you're in danger of over-extending yourself.
Similar(54)
The idea goes back decades, to a time when small retailers, which needed to offer credit, pooled information on which customers were good and bad payers.
IN 2004 and 2005, senior executives at the bank, including Robert E. Rubin, Citi's influential director, urged it to become more actively involved with in-vogue areas like structured credit, pools of securities backed by different assets, and commodities.
You buy a bunch of single-B credits, pool them in a trust and add some Treasurys to bring the average grade of the pool to Baa.
A number of states have started programs to lighten the health care burden on small businesses through tax credits, pooling mechanisms and insurance regulation.
Quiñonez facilitates lending circles in low-income communities, enabling small groups of people without access to credit to pool their resources and lend money to one another.
Write better and faster with AI suggestions while staying true to your unique style.
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
CEO of Professional Science Editing for Scientists @ prosciediting.com