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Collateralized loan obligations: Our next financial nightmare – One in particular, though, has come back in a big way – collateralized loan obligations, or CLOs. For a quick refresher, a CLO is a type of debt security made up of several high-risk commercial. of.
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What Are High-Risk Loans? | Credit.com – "A high-risk loan is a subprime loan that is offered to someone with a blemished credit history, according to their credit report," said Thomas Nitzsche, media relations manager for Clearpoint Credit Counseling.