loan data vs loan information

Both 'loan data' and 'loan information' are correct and commonly used phrases in English. They are interchangeable and can be used depending on the context or personal preference.

Last updated: March 26, 2024 • 422 views

loan data

This phrase is correct and commonly used in English.

This phrase refers to specific data related to loans, such as borrower details, loan amounts, interest rates, and repayment schedules.

Examples:

The bank analyzed the loan data to assess the creditworthiness of the applicants.
We need to input the loan data into the system for processing.
The report contains valuable insights based on the loan data collected over the past year.

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The borrowing limits applicable to an individual participant shall be calculated on the basis of the loan data in respect of outstanding amounts of eligible loans and eligible net lending of the individual participant.
The loan-level data repository publishes such data electronically.
ANNEX VIII - Loan-level data reporting requirements for asset-backed securities
Availability of loan level data for asset-backed securities
Loan-level data must be submitted by the relevant parties to a loan-level data repository designated by the Eurosystem.
To ensure compliance with the requirements in paragraphs 2 and 3, the loan-level data repository conducts automated consistency and accuracy checks on reports of new and updated loan-level data for each transaction.
Applying these thresholds, the loan-level data repository generates and assigns a score to each ABS transaction upon submission and processing of loan-level data.
To ensure compliance with these requirements, the loan-level data repository will conduct automated consistency and accuracy checks on reports of new and/or updated loan-level data for each transaction.
Applying these thresholds, the loan-level data repository will generate and assign a score to each asset-backed security transaction upon submission and processing of loan-level data.
Loan Level Data - Reporting template for structured finance instruments backed by loans to consumers
Data quality requirements applied for ABS shall apply to DECCs, including the specific DECC loan-level data templates.
There is also a seventh ND option, which only applies for the loan-level data template for commercial mortgage-backed securities (CMBSs).
Loan-level data shall be reported on at least a monthly basis, no later than one month following the cut-off date.
There shall be no transition period applied for a DECC to achieve the minimum acceptable loan-level data quality score.
If loan-level data are not reported or updated within one month following the relevant interest rate payment date, then the asset-backed security will cease to be eligible.
Loans: Data relating to "loans" are to be reported separately only for the subcategory FCLs.
In this regard, the options ND5, ND6 and ND7 may only be used if the relevant data fields in the relevant loan-level data reporting template so permit.
To determine the eligibility of asset-backed securities, the Eurosystem takes into account the data entered in the mandatory fields in the relevant loan-level data reporting template, within the meaning of Appendix 8.
Within three months the asset-backed security must achieve a compulsory minimum compliance level, assessed by reference to the availability of information in particular data fields of the loan-level data reporting template.
In this regard, the options ND5, ND6 and ND7 may only be used if the relevant data fields in the relevant loan-level data reporting template permit.

Alternatives:

loan information
loan details
loan statistics
loan records
loan documentation

loan information

This phrase is correct and commonly used in English.

This phrase refers to general information about loans, including terms, conditions, eligibility criteria, and application procedures.