Generally speaking, a leveraged loan is a type of loan made to borrowers who already have high levels of debt and/or a low credit rating. Lenders consider leveraged loans to have an above-average risk that the borrower will be unable to pay back the loan (also known as the risk of default). These loans generally pay higher interest rates to lenders because of the higher level of risk.
Don’t Make the Same Mistakes Over and Over Again
In the spirit of Groundhog Day and the movie, our Director’s Take article highlights what mistakes NOT to make over and over again when making investment decisions.
Would you invest in HoweyTrade?
Does it look more like a legitimate investment opportunity or an investment scam? What red flags can you spot, if any?
See our spotlight page to expand your knowledge and understand the risks of investing in crypto assets.