Value

 

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.

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Interest period

Interest period indicates the time interval in which are attributed to interest on the capital. It can be annual, monthly, but also weekly. The…

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