monthly loan
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Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… … Wikipedia
Loan protection insurance — Loan protection insurance, or loan payment protection insurance, is a form of payment protection insurance. This type of insurance can help you protect your monthly loan payments if you become unemployed or suffer an accident or sickness.Loan… … Wikipedia
loan repayment — UK US noun [C or U] ► FINANCE the act of making payments towards a loan or the payments themselves: »An estimated seven million insurance policies are taken out each year to cover monthly loan repayments in the event of sickness or unemployment … Financial and business terms
loan — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ large, massive ▪ small ▪ long term, short term ▪ high interest, interest free … Collocations dictionary
loan consolidation — Combining a number of loans into a single new loan. Consolidation typically extends the repayment period, lowers the monthly payments, and thereby increases the interest the borrower will have to pay over the life of the consolidated loan.… … Law dictionary
monthly payment loan — loan that is paid off in monthly installments … English contemporary dictionary
Loan — For other uses, see Loan (disambiguation). Finance Financial markets … Wikipedia
Loan Servicing — The administration aspect of a loan from the time the proceeds are dispersed until the loan is paid off. This includes sending monthly payment statements and collecting monthly payments, maintaining records of payments and balances, collecting… … Investment dictionary
Loan Constant — An interest factor used to calculate the debt service of a loan. The loan constant, when multiplied by the original loan principal, gives the dollar amount of the periodic payment. The loan constant can be used to compare the true cost of… … Investment dictionary
Monthly income preferred stock — This article is about the financial instrument. For other uses, see MIPS. Monthly income preferred stock or MIPS is a hybrid security created by Eli Jacobson[1], a Sullivan Cromwell tax partner, and introduced to the market by Goldman Sachs in… … Wikipedia
Loan Lock — The securing of a specified interest rate on a mortgage that is in the process of being approved. A loan lock establishes the interest rate that a borrower will pay as long as the loan closes before the end of the lock period. Lock periods… … Investment dictionary