lainentyypistä
Lainentyypistä is Finnish for a loan’s category or type and is used to describe how a loan is organized, priced, and regulated. In banking and consumer finance, classification by loan type helps lenders assess risk, structure payments, and present terms clearly to borrowers. A typical description of loan type covers purpose, security (collateral), and repayment arrangement.
Purpose refers to why the loan is taken. Common examples include kuluttajaluotto (consumer loan) for personal
Collateral differentiates secured loans from unsecured ones. Secured loans require collateral, such as property or a
Repayment structure concerns how payments are calculated and scheduled. Common arrangements include fixed-rate, amortizing loans with
Regulation and consumer protection are also connected to loan types, with disclosures of terms, APR, fees, and
In practice, identifying the loan type helps borrowers compare terms and lenders price risk appropriately.