Debt rescheduling

Form of debt modification

Personal finance

Credit · Debt

* Mortgage
* Car loan
* Charge card
* Credit card
* Unsecured personal loan
* Rent-to-own
* Student loan
* Pawn
* Title loan
* Payday loan
* Refund anticipation loan
* Refinancing
* Debt consolidation
* Debt rescheduling
* Bankruptcy

Employment contract

* Salary
* Wage
* Salary packaging
* Employee stock ownership
* Employee benefits

Retirement

* Filial responsibility laws
* Pension
* By country
* Defined benefit
* Defined contribution
* Pay-as-you-go
* Social pension

Personal budget and investment

* Active management
* Alternative investment
* Asset
* allocation
* economics
* growth
* Bond (finance)
* Cash
* Diversification (finance)
* Equity (finance)
* ESG
* Estate planning
* ETF
* Financial
* adviser
* asset
* independence
* literacy
* plan
* planner
* Fundamental analysis
* Government bond
* Growth investing
* Growth stock
* Hedge (finance)
* Impact investing
* Investment advisory
* Investment performance
* Investment style
* Investor profile
* Market risk
* Net worth
* Passive management
* Portfolio optimization
* Robo-advisor
* Saving
* Savings account
* Speculation
* Stock
* Stockbroker
* Target date fund
* Wealth
* List of countries by wealth per adult

See also

* Asset pricing
* Bank
* Citizen's dividend
* Cooperative
* Credit union
* Economic bubble
* Financial deepening
* Financial inclusion
* Financial risk
* Financial technology
* Guaranteed minimum income
* Market impact
* Risk-return spectrum
* Social dividend
* Structured product
* Sustainability
* Systematic risk
* Universal basic income
* Volatility (finance)
* Watered stock

* v
* t
* e

Debt rescheduling is the lengthening of the time of debt repayment by restructuring the terms of an existing loan.[1]

## Types of resecheduling

[edit]

In retail banking, the debt rescheduling can be applied for personal loans given to individuals as education loan, consumer credit, mortgage loan and loans given for making investment in financial assets such as equity shares, debenture, and bond (finance).[2] In North America and Europe, there are the portals which offers loan rescheduling/restructuring/consolidation via peer-to-peer lending marketplace such as Prosper Marketplace and LendingClub.[3][4]

### Approaches;

[edit]

* Reduce payment amounts by extending the payment period and increasing the number of payments.[5]
* Pause payments by adding debt moratorium period in a loan term during which the borrower is not required to make any repayment but it increases the amount of the monthly instalments.[6]

## See also

[edit]

* Loan modification
* Loan modification company

## References

[edit]

1. ^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. pp. 488. ISBN 0-13-063085-3.`{{cite book}}`: CS1 maint: location (link)
2. ^ Bhasin, Tinesh (2020-08-06). "RBI allows banks to restructure retail loans". mint. Retrieved 2021-04-27.
3. ^ Verstein, Andrew (2011-11-21). "The Misregulation of Person-to-Person Lending". Rochester, NY. SSRN 1823763. `{{cite journal}}`: Cite journal requires `|journal=` (help)
4. ^ "Umschuldungskredit". Kreditvergleich (in German). Retrieved 2021-04-27.
5. ^ "What is debt rescheduling?". help.october.eu. Retrieved 2021-04-15.
6. ^ "OECD Glossary of Statistical Terms - Debt rescheduling Definition". stats.oecd.org. Retrieved 2021-04-15.

This economic term article is a stub. You can help Wikipedia by expanding it.

|

* v
* t
* e

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template