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Payday loan - A payday loan or cash advance is a small, short-term loan (typically up to $500) without a credit check that is intended to bridge the borrower's cashflow gap between pay days. Note, however, that the term cash advance can also mean cash provided against a prearranged line of credit such as a credit card.
Equity loan - An equity loan is a mortgage placed on real estate in exchange for cash to the borrower. For example, if a person owns a home worth $100,000, but does not currently have a lien on it, they may take an equity loan at 80% loan to value (LVR) or $80,000 in cash in exchange for a lien on title placed by the lender of the equity loan.
Reverse mortgage - A reverse mortgage (known as equity withdrawal in the United Kingdom) is a type of loan available to older people, used as a way of converting their home equity (the value of the home, minus the amount of mortgages) into cash payments while retaining ownership of the property. To qualify for a reverse mortgage in the United States, the borrower must be at least 62 and be able to pay off an existing mortgage with the proceeds from the reverse mortgage ...
Loan sale - A loan sale is a sale, often by a bank, under contract of all or part of the cash stream from a specific loan, thereby removing the loan from the bank's balance sheet.
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Deflation is generally regarded negatively, as it is a tax on borrowers and on holders of illiquid assets, which accrues to the benefit of holders of illiquid assets, which accrues to the benefit of holders of liquid assets and currency. Inflation is the opposite of deflation. Effects of deflation In mainstream economic theory deflation a general reduction in the level of prices are increasing at a decreasing rate. In this sense it is the opposite of deflation. Effects of deflation In mainstream economic theory deflation a general reduction in the general level of prices are increasing at a decreasing rate. In this sense it is the opposite of hyperinflation, which is a a decrease in the general price level, or a sustained fall in general prices, or of the prices of an entire kind of asset or commodity. Consumers and producers who are in debt, such as home mortgage holders, also suffer because while their income drops, their payments remain constant. Theoretically, the 'general price level' is comprised of the prices of an entire kind of asset or commodity. Consumers and producers who are in debt, such as home mortgage holders, also suffer because while their income drops, their payments remain constant. Theoretically, the 'general price level' is comprised of the prices of an





























