L

loan-program

JubileeLoan is a deterministic financing specification for refinancing school loans that have exceeded 15 years in repayment. It applies a one-time 1% interest charge to the total refinanced loan balance, preserves the borrower's existing monthly payment, and limits repayment to 10 years, with any remaining eligible balance permanently extinguished through a mandatory debt jubilee. https://roxanneardary.com/jubileeloan/

LoanSphere is an open source specification for connected lending systems, providing a modular framework for defining, managing, and integrating loan programs. It enables lenders and financial organizations to configure qualification criteria, interest rates, repayment structures, workflows, documentation, and lending operations while maintaining control over their own policies and requirements. https://roxanneardary.com/loansphere/