what do you mean by long term loans
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A form of loan that is paid off over an extended period of time greater than 3 years is termed as a long-term loan. This time period can be anywhere between 3-30 years. These loans generally offer a hefty loan amount and are thus spread over a considerable period of repayment tenure.
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A form of loan that is paid off over an extended period of time greater than 3 years is termed as a long-term loan. This time period can be anywhere between 3-30 years. These loans generally offer a hefty loan amount and are thus spread over a considerable period of repayment tenure. ...
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