LENDING KEYNOTE SPEAKER: WHAT’S THE FUTURE OF FINANCE AND LOANS?

Like lending keynote speakers and finance futurists are prone to observing, there’s a ton of new technology trends and future of work innovations that are transforming the shape of the space as we speak. Of course, if you’re not actively involved in the business, you probably don’t know just how many different types of providers are being impacted. It seems prudent to remedy that with a quick primer. Being good lending keynote speakers and finance futurists, we put together a quick cheat sheet to various industry providers for you.

• Mortgage loans – For purchasing real estate and property. Include home loans, refinancing, etc. Long repayment terms of 15-30 years.
• Auto loans – For financing new or used car purchases. Typically 3-5 year loan terms offered by auto dealers and banks like any lending keynote speakers and finance futurists can tell you.
• Personal loans – Unsecured loans that can be used for any purpose like consolidating debt, renovations, etc. Have shorter terms of 1-5 years.
• Student loans – For financing higher education. Government and private student loans with flexible repayment options.
• Business loans – Funding for businesses including lines of credit, equipment financing, commercial real estate loans, etc.
• Payday loans – Small short-term loans at high interest meant to be paid back quickly, often on the borrower’s next payday.
• Home equity loans – Secured debt leveraging the available equity in your home as collateral according to lending keynote speakers and finance futurists. Allows you to tap home value.
• Pawn shop loans – Borrowing money and leaving a valuable item as collateral if the loan is not repaid.
• Peer-to-peer loans – Borrowing directly from regular investors via P2P lending platforms rather than a bank.
• Title loans – Short-term loan secured by the title to your car, motorcycle, or vehicle ownership. Come at very high rates.

Turning to lending keynote speakers and finance futurists, they say that the loan type determines factors like purpose, collateral, rates, terms and suitable borrowers.