What is Neutron Bomb Loan?
1.
Any loan contract structured to place the borrower into a position where it is not possible to pay off the principle; a predatory lending contract or product designed to financially wipe out the borrower. Originated 2007 by Bill Purdy, a California lawyer representing homeowners with predatory lending claims.
An ARM (adjustable rate mortage), "interest-only", and a liar loan are examples of a neutron bomb loan.
See
Random Words:
1.
im gonna kick ya a$$
Girl, don't even go there, unless you want me to Bust-A-Cap :*
See I love you..
1.
you know what it means.
"Oh man, when that fat kid did a cart wheel, i could see his kukermonger."
See Collin..
1.
Possibly the longest real word in English, other than Antidisestablishmentarianmism.
Defined medically as "the fear of long words..
