loans on the same terms as Greece, but they would not have access to E.F.S.F.
To ease that transition, further education students have been allowed access to loans on the same terms as university students.
In all, Mr. George said, "98 percent of customers in this small, specific group" have renewed their loans on basically the same terms (but with a maturity date and renewal) or on new terms, which probably included a higher interest rate, a reduced credit line, or both.
"Students who might have found the money to pay the previous lower levels of fees may simply be unwilling to pay higher fees, despite the fact that loans are offered on the same terms as for full-time students," the report says.
But another aspect is Affirm's ability to provide access to credit for borrowers that might not qualify for other short-term loans or credit cards — and certainly wouldn't qualify on the same terms.
Five days later and the Arsenal manager signs Yossi Benayoun on a year's loan from Chelsea and sends Nicklas Bendtner out to Sunderland on the same terms.
The loan (often called a convertible note) will convert into equity at the startup's next funding round on the same terms as the new investor (i.e. no discount) and will not be interest bearing.
Would they be on the same terms?
