SECOND CHANCE LOAN
Second Chance Loan is a kind of loan related to borrowers who have a bad credit history and with subprime lending. Second Chance Loan is as its name indicates, a second chance to clear the bad credit history of a borrower. A borrower is allowed to refinance and repair their credit history despite subprime loans having the feature of a standard term-to-maturity that is usually 30 years of mortgage. The condition is that because Second Chance Loans have higher risks therefore higher interest is also collected.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
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| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Consumer Price Index | Feb | |
| 14:30 | Consumer Price Index Core | Feb |
