What is a variable loan?

Advantage of variable loan If the borrower does not know yet how much budget he has, a variable loan or an on-demand loan is an advantage. Nevertheless, the repayment rate is fixed at a fixed level and always based on the amounts that are withdrawn. There are no additional fees for the payment. It is […]

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What is a valid loan amount?

Valid Loan Amount  The loan amount is the current account balance of the loan account. This comes closest to the current remaining debt – the sum that the borrower still has to repay to the lender. Basically, this residual loan can be calculated on the basis of the available data. Again, an exact time must […]

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What is a security transfer loan?

Usage of security transfer loans When it comes to securing a loan, the collateral lending loan is an essential instrument. A loan is secured by a moveable item in that it is transferred. It is clear that the guarantor remains in possession of the thing and this is not transferred to the protection buyer. Unless […]

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