Browsing Category

Commercial bank

Home equity loan history

Home equity loans have been around for nearly a century, providing borrowers with a way to cover major expenses such as home repairs, medical bills and debt consolidation. Despite their long history, however, the popularity of these…

What are flash loans in DeFi?

Similar to traditional loans, flash loans are expected to be repaid in full over time. However, there are also stark differences. In typical lending processes, a borrower lends money to a lender. The amount should eventually be repaid in…