A non-recourse loan is a type of debt that’s secured by collateral, such as an individual’s car, house or another typically illiquid asset. By securing a non-recourse loan, the lender won’t have the ...
Americans have a lot of debt. According to a report from the Federal Reserve Bank of New York, total household debt as of the second quarter of 2025 amounts to $18.4 trillion, largely made up of ...
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