NINJA loan, which stands for No Income, No Job, and no Assets, is a slang term for a loan extended to a borrower who may have no ability to repay the debt. It is extended without any verification of the borrower's assets. They are very rarely found after new lending regulations following the 2008 financial crisis.
수입, 직업, 자산이 없는 고위험 채무자에게 주어지는 대출
서브프라임 모기지의 원인으로 여겨지고 있음
NINJA loan, which stands for No Income, No Job, and no Assets, is a slang term for a loan extended to a borrower who may have no ability to repay the debt. It is extended without any verification of the borrower's assets. They are very rarely found after new lending regulations following the 2008 financial crisis.