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Ah Long - Ah Long are loan sharks in Malaysia (and sometimes Singapore), they are money lenders who act as a 'folk bank'. Ah Long is illegal, they are not a bank but they lend their own money to people needing money, mostly targeting habitual gamblers who are in desperate need for quick money.
Equity loan - An equity loan is a mortgage placed on real estate in exchange for cash to the borrower. For example, if a person owns a home worth $100,000, but does not currently have a lien on it, they may take an equity loan at 80% loan to value (LTV) or $80,000 in cash in exchange for a lien on title placed by the lender of the equity loan.
Interest-only loan - An interest-only loan is a loan in which for a set term the borrower pays only the interest on the Principal balance, with the principal balance unchanged. At the end of the interest only term the borrower may enter a interest-only mortgage, pay the principal, or ( ...
Loan sale - A loan sale is a sale, often by a bank, under contract of all or part of the cash stream from a specific loan, thereby removing the loan from the bank's balance sheet.
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