Ultimate Financial Dictionary Of Loan Terms

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Posted on January 06, 2019 at 23:15 PM

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Loan terminology glossary | UCOP
Pre-approval: Certificate of Pre-Approval issued by the Office of Loan Programs that states a borrower’s credit, assets and income have been verified and the applicant qualifies for a Program loan at a specified amount and interest rate.
Loan financial definition of loan - TheFreeDictionary.com
Loan Temporary borrowing of a sum of money. If you borrow $1 million you have taken out a loan for $1 million. Loan The extension of money from one party to another with the agreement that the money will be repaid. Nearly all loans (except for some informal ones) are made at interest, meaning borrowers pay a certain percentage of the principal amount to ...
Comprehensive Glossary of Common Financial Terms and ...
Navigating the process of student loans, loan consolidation and debt settlement can be tough, but what if you don’t understand the terminology to begin grasping the concepts? Here is a comprehensive glossary of common terms you’ll find when reading about these processes on our website or any financial paperwork.

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