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It’s A Lending Product, and Now It’s A Book!
Debt Protection Products is a practical guide to lenders
wanting to develop a debt protection products program. Every
lender extending consumer or home equity lines or loans
recognizes the risk to both the borrower and the lender if the
borrower experiences a life-altering event and cannot repay the
debt. Using a debt protection product, the lender, in return for
a fee, can contract with borrowers to cancel or suspend debt
when certain protected events occur to the borrower. Following a
kaleidoscope analogy, the book reveals the extensive design
variations and their applications to different types of
businesses. Although
written mainly for lenders, Debt Protection Products is
also a valuable resource for financial regulators, program
administrators, insurers, reinsurers, and insurance regulators.
Click below for more
information.
Table of Contents
Preface
Look Inside and Read a Sample Chapter
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