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The term used to refer to someone who has taken out a loan is, borrower.
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∙ 9y ago
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What benefit does the person taking a loan get from taking the loan?
A person who has taken out a loan gets the benefits of financial assistance while building credit. This person is called a borrower.
What is the average length of a short term loan?
The average length of a short term loan will depend on what type of loan is being taken out. In general a short term loan may be over a period of time of between one and five years.
What is debendure?
I presume you meant debenture, a debenture is a long term loan taken out by a business
What term refers to the person business or institution that extend a loan to you?
The "lender".
Term Loans?
form_title=Term Loans form_header=Finance your business with a term loan from the bank. What type of term loan are you interested in?= [] Intermediate Term Loan [] Long Term Loan How much do you intend to borrow with your next term loan?=_ How long to do you hope to take to pay the term loan back in full?=_
What benefit does the person taking a loan get from taking the loan?
A person who has taken out a loan gets the benefits of financial assistance while building credit. This person is called a borrower.
What is the average length of a short term loan?
The average length of a short term loan will depend on what type of loan is being taken out. In general a short term loan may be over a period of time of between one and five years.
What will be the person debit or credit who has taken advance salary?
A person who has taken an advance of salary, has taken a loan from his/her employer and is therefore in debt to the employer.
What is debendure?
I presume you meant debenture, a debenture is a long term loan taken out by a business
What term refers to the person business or institution that extend a loan to you?
The "lender".
When do home foreclosures happen?
Home forclosures happen when a person who has taken out a loan for the purchase of a house has defaulted on this loan. The house has become the collateral for the business providing the loan.
Term Loans?
form_title=Term Loans form_header=Finance your business with a term loan from the bank. What type of term loan are you interested in?= [] Intermediate Term Loan [] Long Term Loan How much do you intend to borrow with your next term loan?=_ How long to do you hope to take to pay the term loan back in full?=_
What is grantor?
what is the responsibility of a grantor, putting up security example car if the person that has taken out the loan has not paid the loan off in full what is the responsibility of a guarantor
Which term is defined as the money you owe to a person business or institution that extended loan to you?
debt
What term is given to a person who looks dangerous but is not?
A paper tiger( a loan-translation from Chinese).
What term refers to a person business or institution that extended a loan to you?
The word you want is lender.
The person who have taken loan what benefit they get from loan why the have taken loan?
Loans are taken out for various reasons including education, purchasing a home, car, or other recreational vehicle, and sometimes for personal reasons like catching up on bills. Loans are helpful because they help to establish credit while providing help financially to the borrower.
