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Traditional loans to customers would be booked at amortised cost.
Over 60% of its new investments are "risk capital" rather than traditional loans.
One is that, unlike interest payments on traditional loans, repayments fall if a person's earnings decline.
"We're exploring the possibility of making an alternative student finance scheme available alongside traditional loans.
Traditional loans under the Guaranteed Student Loan Program are available from local banks or credit unions.
The rhetoric of "plain vanilla banking" makes it sound as if making traditional loans is relatively risk-free.
For this reason, student loans should not be treated by accountants like traditional loans, the ONS ruled.
Over all, Pick-A-Pay borrowers had credit scores well below the industry average for traditional loans.
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Peer pressure acts as a replacement for traditional loan collateral.
The rate is generally one percentage point higher than a traditional loan, he said.
Mr. Larson and his wife would seem to be good candidates now for a traditional loan.
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CEO of Professional Science Editing for Scientists @ prosciediting.com