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Posted on June 28, 2015June 30, 2015 by DRUK

The failure or refusal to meet the legal obligations or conditions of a loan.

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Breakage fee
Derivative
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DOES YOUR COUNCIL HAVE LOBO LOANS ?


WHAT YOU CAN DO

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AS A COUNCILLOR

BASED ON YOUR EXPERTISE

AS A CAMPAIGNER

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OUR GUIDE TO LOBOS

WHAT IS A LOBO LOAN

LOBO (Lender Option, Borrower Option) loans are “teaser rate” loans containing derivatives provided by banks to public authorities.

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