Meaning of the word: Value
Value specifies the client's ability to repay his obligations. Value is an important tool for all financial institutions. It specifies the amount of the loan, which it is possible to provide to the applicant, but also amount of interest and maturity. Clients with higher value may obtain better loans.back to dictionary >
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The guarantor is the individual who undertakes, in the event of the inability of the borrower to repay its debt to pay the remaining debt instead.…go to the dictionary >
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