level of loan

USAGE SUMMARY

The phrase "level of loan" is correct and usable in written English.
It can be used when discussing the amount or type of loan being considered or offered. Example: "The bank will assess your creditworthiness to determine the level of loan you qualify for."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

7 human-written examples

"The level of loan approvals is somewhere in the region of 50 percent.

The New York Times

As a practical matter, the decision will reduce by an as-yet-undetermined amount the level of loan guarantees available to Israel in the year starting Oct. 1, and it is unclear whether Israel will even seek to use the full amount of the guarantees available to it.

The New York Times

In a statement, the bank said, "It is clear that the level of loan impairment provisions to be accounted for at the end of 2006 in respect of mortgage services operations will be higher than is reflected in current market estimates".

The New York Times

Fifth, banks might raise capital instruments to improve their soundness if the level of loan loss provisions is low and/or the risk of their assets (loans) is high.

SERIEs

Pattarathammas and Mongkonkiattichai (2012) examined the banks performance in different region of Asia and found that in the expansionary period, excessive loan growth did not enhance the level of loan losses due to strong supervision and screening procedure.

Financial Innovation

The study cites the example of an "average" teacher, who takes out an average level of loan, works every year after graduating and has average earnings for the profession.

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

The banks blame their high level of loan-loss provision on the frailty of Brazilian courts, which are slow and often kind to debtors.The third-biggest chunk of the spread comprises taxes.

The Economist

Several foreign-owned banks in Poland have a high level of non-performing loans up to 60% in one instance but a much lower level of loan-loss provisions.

The Economist

The high level of loans taken out by Mr. Stiller raises important questions about how executives handle large stakes.

The New York Times

"It was variable from the start, based on the volume level of loans" made by the lender, Mr. Kelly said.

The New York Times

The provision, coupled with a two-year increase in the guaranteed level of loans to 95percentt, from 75percentto85percentcent, would "kick-start" lending, Mr. Merski said.

The New York Times

Expert writing Tips

Best practice

When discussing financial matters, clarify the specific "level of loan" being referred to (e.g., average, maximum, or minimum) to provide clear context.

Common error

Avoid using "level of loan" without specifying the context. For instance, instead of saying 'The level of loan is high', specify 'The level of student loan debt is high' to avoid ambiguity.

Linguistic Context

The phrase "level of loan" functions primarily as a noun phrase. It quantifies or describes the extent or magnitude of a loan, often in financial or economic contexts. As Ludwig AI indicates, the phrase is correct and usable.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

33%

Formal & Business

17%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "level of loan" is a grammatically correct noun phrase that describes the extent or amount of a loan. Ludwig AI confirms its usability in written English. While not exceedingly common, it appears in various contexts, including news, science, and business, with a tendency toward neutral to professional registers. Key sources like The New York Times and The Economist frequently employ the phrase. To enhance clarity, specify the type or context of the loan, such as student loans or bank loans. Alternatives include "loan amount" and "loan size". The phrase is deemed reliable due to its consistent application across authoritative sources.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

loan amount

Replaces 'level' with 'amount', focusing on the quantitative aspect of the loan.

loan size

Substitutes 'level' with 'size', emphasizing the magnitude of the loan.

extent of loan

Uses 'extent' instead of 'level', highlighting the scope or reach of the loan.

magnitude of loan

Employs 'magnitude', stressing the significance or scale of the loan.

volume of loan

Replaces 'level' with 'volume', referring to the quantity or amount of loans.

depth of loan

Uses 'depth', highlighting how profound or extensive the loan is.

degree of loan

Substitutes 'level' with 'degree', suggesting the intensity or extent of the loan.

height of loan

Uses 'height' instead of 'level', representing the vertical or elevated aspect of the loan.

intensity of loan

Replaces 'level' with 'intensity', emphasizing the strength or force of the loan.

proportion of loan

Uses 'proportion' instead of 'level', indicating the relative amount or share of the loan.

FAQs

How can I use "level of loan" in a sentence?

You can use "level of loan" to describe the amount or extent of a loan, as in 'The "level of loan approvals" is increasing' or 'What is the average "level of student loan debt" for graduates?'

What's the difference between "loan amount" and "level of loan"?

"Loan amount" refers directly to the numerical value of the loan, while "level of loan" is a more abstract term that can refer to the amount, intensity, or extent of lending activity or debt.

Is it better to say "high level of loans" or "large number of loans"?

Both are acceptable, but "high level of loans" often implies a concerning or significant aggregate amount, while "large number of loans" simply indicates many individual loan instances.

What factors affect the "level of loan" one can obtain?

Factors such as credit score, income, debt-to-income ratio, and the type of loan can all influence the "level of loan eligibility" and the amount one can borrow.