Your English writing platform
Discover LudwigExact(6)
It would not disclose how much the interest rate was on the longer-term loan, or how much borrowers could take out.
Maybe they had a three-year ARM before, so they're opting for a slightly longer-term loan because they're wishing they had a few extra years now".
In particular, Mr. Bourke said he was frustrated that the agency had dropped a proposal to require that longer-term loan payments consume no more than 5percentt of a borrower's monthly income.
But by choosing to buy bonds, rather than making a more conventional longer-term loan to the IMF, these countries may also be signalling that they want faster progress on a planned overhaul of emerging economies' voting rights within the institution.Concerns over governance also complicate the picture in the rich world.
If you refinance or remortgage your home, you might also consider refinancing into a longer-term loan but making payments as though it's short-term.
A cash installment loan is a longer-term loan that requires you to pay back the money owed through a series of regular payments.
Similar(54)
Like banks, they make longer-term loans to customers.
They could do so by buying the bonds that backed longer-term loans.
She is particularly critical of the absence of longer-term loans.
And Thursday's move by the European Central Bank to make longer-term loans to banks was also welcomed.
The E.C.B. last week tried to alleviate some of the pressure by offering banks longer-term loans at low interest rates.
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