Definition
A NINJA loan is a slang term for a loan extended to a borrower with little or no attempt by the lender to verify the applicant's ability to repay. It stands for "no income, no job, and no assets." Whereas most lenders require loan applicants to provide evidence of a stable stream of income or sufficient collateral, a NINJA loan ignores that verification process. NINJA loans were more common prior
In Panel Profits
In the Panel Profits market platform, NINJA Loan: Definition, History, Current Availability applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.