Sentences with phrase «until full repayment of loan»
When you borrow money conventionally you have to: (1) pay back the loan by some definite date; (2) pay the lender interest on the money borrowed over the course of the loan period; and (3) put up adequate collateral until full repayment of loan has been made.
https://fundooprofessor.wordpress.com/ Not exact matches
The word «amortization» refers to the repayment of a debt through regular payments until the loan is paid off in full.
In terms of repayment options available to student debtors, 43.74 percent of private student loan borrowers selected full deferment until after graduation.