Social Sciences, asked by adti68, 5 months ago

Why are terms and conditions like interest rate, time period,
guarantee, mortgage etc necessary for giving a loan? Explain with an
example for each condition.

Answers

Answered by alberteinstein123

0

EXPLANATION:

Loan terminology glossary

The terms and definitions that follow are meant to give simple, informal meaning for words and phrases you may see on our Web site that may not be familiar to you. The specific meaning of a term or phrase will depend on where and how it is used, because the relevant documents, including signed agreements, customer disclosures, internal Program policy manuals and industry usage, will control meaning in a particular context. The terms and definitions that follow have no binding effect for purposes of any contracts or other transactions with us. Your Campus Housing Programs Representative or the Office of Loan Programs staff will be happy to answer any specific questions you may ha

Answered by kritibaby97

0

Answer:

Hii sis...

Have a nice day...

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