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Curiosity rate – A price that a lender will cost borrowers so as to borrow revenue from them. It is expressed in proportion % per annum.

After you are matched that has a lender, and your financial loan is approved, the curiosity premiums and charges that you'll incur throughout repayment might be supplied for you.

Repossess – The voluntary or pressured surrender of items in the situation of the client’s failure to pay for back again a bank loan.

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