Personal Loan Glossaries PowerPoint PPT Presentations

However, for a first-timer, understanding personal loan glossaries can prove tiring. If you do not know the jargon, you may find yourself at a disadvantage when comparing offers with different lenders. Today, we have put together a list of the top 27 personal loan terminologies that every borrower should be aware of to be able to choose the best loan product.

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Really an extension of the original loan but it is not automatic ... renewals & loan extensions. control of number of books loaned. blacklisting of borrowers ...

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Adverse Credit mortgage A mortgage that is designed for people with credit ... Re-mortgage A mortgage used to replace an existing mortgage, this can include ...

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