A structured loan product is a customized loan combining traditional borrowing with derivatives to create...
A step-up loan starts with lower payments that increase according to a fixed schedule, ideal for borrowers...
A Special Purpose Loan is a tailored financing option created under Special Purpose Credit Programs (SPCPs)...
A scheduled loan payment is the fixed amount you commit to paying at regular intervals to repay a loan...
Repayment schedule options are various loan payment plans that let you tailor how and when you repay...
A periodic interest rate is the interest charged for a specific billing cycle, like a month or day, used...
The maturity date of a loan is the specific date when the final payment must be made, marking the end...
A discretionary loan is a type of credit approved by a lender's personal judgment rather than automatic...
A discounted loan deducts interest and fees from the loan amount before disbursing funds, resulting in...
A debt instrument is a formal legal agreement representing a loan where one party agrees to repay another...