Loan Glossary

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    Loan is an amount of money borrowed from advancer and it is a type of debt, to be repaid at a later date, usually with interest. Legally, a loan is a contract between a buyer (the borrower) and a seller (the lender), enforceable under the Uniform Commercial Code in most states.

    There are different type of loans like house, car, business, eduction etc. Loan Glossary provides you a comprehensive list of Loans and mortgage related words and its short description/meaning.

    This application will help in understanding this terminology in better way.


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    - Search through our database in alphabetical order
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    - Audio Notes allows you to records notes for future reference
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