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Loans

Allotment

In the world of finance, we often come across the term "subscription" when it comes to investing in a company. Simply put, subscription is the process of accepting an application to purchase shares of a company. This establishes a contractual agreement between the investor and the company, forming the basis of the investment through public subscription. Now, let's dive deeper into the intricacies of this important financial term.

Obligation of the borrower

As a financial professional, it is vital to understand the concept of borrower obligations in an agreement. These obligations include maintaining a repayment schedule, regul...

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Total initial payment

When purchasing an asset, the customer is required to make an initial payment. This payment not only covers the cost of the asset, but also includes any service charges and ...

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Acceptance Letter

When you receive your sanction letter, it is important to carefully review the terms and conditions of the loan. If you are satisfied with the terms, you must then confirm y...

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Eligibility

Lenders have established a commonly accepted set of standards to assess an individual's eligibility for a loan. This criteria takes into consideration both the borrower's wi...

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