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What is the security for the repayment of a secured loan called?
Collateral.
What are the terms a of a long term loan?
A long term loan is a type of loan that has an extended repayment period. There are many examples of long term loans, including both car loans and home loans. Typically any loan with a repayment period of longer than 3 years (36 months) is considered a long term loan.
How is SB two wheeler loan rate of interest and repayment period for salaried persons?
sir this is prabhakaran from chennai i want bike loan how to apply
How is a student loan calculator different from a regular loan calculator?
The student loan calculators shows the repayment amount and the salary needed to afford the repayment. Traditional loan calculators only show the repayment amount and schedule.
Can a lending company charge interest and fees that are higher than your monthly payment?
yes, it is possible. It all depends on the amount of loan and the period of repayment of loan. In order to get low monthly installments make the time period of loan repayment more. In this way though you have to pay more amount but you will able to pay that amount in your current monthly income.
Rights and responsibilities of borrowing?
As a loan borrower you have the right to a grace period and an explanation, deferment of repayment for certain periods, forbearance, and documentation that your loan was paid in full. It is your responsibility to repay your loan in full.
Is there a set student loan repayment schedule?
yes, after a student graduates from college there is a period of month before he/she has to begin repayment. the first payment is due within 60 days after the final disbursement.
How can I compute the current portion of a loan?
In order to compute your current portion of a loan, there are several elements to factor in. These would include the initial loan, amount repaid, interest rates and repayment period among others.
Where can you find the Aussie Home Loan repayment calculator?
Any of your Australia lenders will be able to lead you to the Aussie Home Loan repayment calculator.
When you graduate withdraw or drop below half-time enrollment status your student loan repayment will begin when?
after a 6-month grace period
Business loan repayment acknowledgement?
Yes
What is an immediate repayment loan?
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