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What is a deferral on a loan?

Zoe Reed | 2023-05-07 23:44:33 | page views：1793
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Zoe Allen

Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
A loan arrangement in which the borrower is allowed to start making payments at some specified time in the future. Deferred payment arrangements are often used in retail settings where a person buys and receives an item with a commitment to begin making payments at a future date.
2023-05-08 23:44:33
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Ethan Ward

QuesHub.com delivers expert answers and knowledge to you.
A loan arrangement in which the borrower is allowed to start making payments at some specified time in the future. Deferred payment arrangements are often used in retail settings where a person buys and receives an item with a commitment to begin making payments at a future date.
What is deferred payment? definition and meaning ...
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