Asset securitization was one of the growth industries of the great bull market of the 1980s and 1990s. The concept of packaging up loans into legally isolated special purpose vehicles and then issuing tranches of bonds based on the asset pools first arose in the 1970s but really became a critical part of the global [...]
Posts Tagged ‘secured loans’
Logbook Loans And Payday Cash Advances
December 26th, 2009
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Logbook loans and payday advances are two financial products that have been in the news quite a lot recently due to the fact they have been rising in popularity amongst people with bad credit ratings. With the credit crunch still not over many of us are struggling, so the promise of an easy fast cash [...]
How Pink Slip Loans Work
December 13th, 2009
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When you are short of cash (and who isn’t these days?) and need a loan, where should you turn to? Banks are a pain. You don’t want to pawn your stuff, nor do you want to use a payday loan with their high interest rates. If you own your car with no debt (or little [...]
