Define Loan Consolidation. Loan Consolidation synonyms, Loan Consolidation pronunciation, Loan Consolidation translation, English dictionary definition of Loan Consolidation. n a single loan which is taken out to pay off several separate existing loans C
With a debt consolidation loan, you’ll only owe one lender instead of multiple. FromSlate One option may be consolidating your credit cards under a 0% balance-transfer card or a debt consolidation loan, which saves money on interest and frees up additional cash. FromSeattle Times But borrower...
Noun1.consolidation- combining into a solid mass combining,combine- an occurrence that results in things being united 2.consolidation- the act of combining into an integral whole; "a consolidation of two corporations"; "after their consolidation the two bills were passed unanimously"; "the defendan...
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Explore the term loan definition, types, and pros and cons for small businesses. Make informed financing decisions with our comprehensive guide.
Advance of Capital means, with respect to a Designated System that is under the EEC Category, an amount specified in Schedule A (and Schedule B, if applicable) to the Product Order that is applicable to such Designated System. For the avoidance of doubt, an Advance of Capital payment in re...
摘要: 403b / 403(b) glossary term definition related to debt consolidation loan and financial services, such as insurance, mortgages and investment management.年份: 2008 收藏 引用 批量引用 报错 分享 全部来源 求助全文 Semantic Scholar 相似文献...
The process of taking out a loan that pays off two or more loans. Debt consolidation often comes with a lower monthly payment and/or interest rate than the previous loans, as well as a longer repayment period. The loan by which debt consolidation take place is called a consolidation loan;...
you may secure a personal loan with cash assets, such as a savings account orcertificate of deposit (CD), or with a physical asset, such as your car or boat. If you default on the loan, the lender could keep your collateral to satisfy...
If you hold several federal student loans, credit cards, or other types of loans,consolidationmight be an option worth exploring. Consolidation combines separate debts into one loan, typically with a fixed interest rate and a single monthly payment. This could extend your repayment period and reduc...