"Loan repayment" refers to the act of paying back money that was borrowed from a lender, usually with interest. It involves returning the borrowed amount in regular installments or lump sums over a specific period of time until the debt is fully settled.
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«loan»
«repayment»
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Phrases with «loan repayment»
Sentences with «loan repayment»
- There are a number of student loan repayment assistance programs throughout the country that can help you pay off private student loans after a few years of qualifying work. (studentloanhero.com)
- Like other federal student loan repayment programs eligible for forgiveness, any amount dissolved is taxable as income to the borrower. (studentloans.net)
- Additionally, some states also operate their own student loan repayment assistance plans for doctors. (lendedu.com)
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