Sentence examples similar to loans alternative from inspiring English sources

The types of loans are broken down as follows: prime loans; "alternative-A" loans (loans given to buyers who did not qualify for prime loans but had good enough credit to get loans with more favorable terms than subprime loans); "option adjustable-rate loans"; and subprime loans.

More recently, there has been increased activity in another loan alternative: a fixed-rate mortgage with a 15-year term.

LendUp bills itself as a "payday loan alternative", the company promotes itself using phrases including "up to $250 for 30 days", "good credit not required", and "instant decision" in the manner of many other loan companies that make high-rate loans to people trying to make ends meet between paychecks.

Remember that every payday loan alternative will have a cost associated with it.

"Sallie Mae's private education loans are designed to help students graduate with less debt and pay off their loans faster than other private loan alternatives," said spokeswoman Patricia Nash Christel.

A well-structured CFPB rule could enable even cheaper small loan alternatives from small banks to replace the payday lender business model.

With the right payday loan alternatives, we can replace a cycle of debt and dependency with one that meets borrowers' short-term needs while promoting greater financial security in the long run.

Providing a major analysis of the U.S. Postal Service's proposal to operationally implement a national financial services program for underserved communities Analysis of payday loan alternatives and development of new program options Development of a concept for creating a new delivery system for financial services for those that are unbanked and low income.

Rather than creating a separate cash account, the pension provider could simply offer investors an alternative loan option, lending out a capped sum from their pension pot.

That said, there is still a wide discrepancy in pricing between bank loans and alternative loans.

The article states that loans from alternative lenders tend to come "at pricier rates than traditional bank loans".