How to predict the impact of inflation on installment loans
People who grew up during a time of dramatic economic change find it very difficult to adjust to today’s harsh reality. Inflation has raised prices at least by the dozen. It also drastically influenced the price of the loan application. In order to know the cost of a loan and one-time down payments, borrowers need […]
LendingPoint’s first securitization of unsecured consumer installment loans in 2021
LendingPoint is issuing four classes of notes valued at approximately $ 516.5 million, its first securitization this year backed by unsecured consumer installment loans. The Kroll Bond (KBRA) rating agency assigned preliminary ratings to the transaction’s four categories of notes. This is the KBRA-rated company’s fifth securitization of unsecured and unsecured consumer installment loans. According […]