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Time as Loan Term. When you hear about a loan’s term, as long or short as a lender and borrower are willing to Can the Bank take your Car if you Don't Make
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TERM LOANS AND LEASES. Term Loans. Generally, bank loans are short-term in nature, Called off balance sheet financing since lessee has use of the asset,
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Line of credit An informal loan arrangement between a bank and a customer allowing the customer to borrow up to a prespecified amount. Line of Credit An agreement
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