Renewal Date Loan for which some form of acceptable collateral, such as a house or automobile has been pledged. Total Loss - A loss of sufficient size that it can be said no value is left. The complete destruction of the property. The term also is used to mean a loss requiring the maximum amount a policy will pay.
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grand haven payday loan Insurance commissioner. The central figure in regulation of the insurance industry in each state who exercises judicial power in interpreting and enforcing insurance code. Medium Risk: The consumers with a few delinquencies, and a high outstanding debt are categorized as medium risk consumers. The creditors usually charge a higher interest rate for providing loans to such individuals. Tranche: Tranche refers to related securities offered at the same time, as a part of the same transaction, but which vary in terms of risk, rewards, as well as the maturities.
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free credit reports annual Application Scoring: It is the process of evaluating credit applications and assigning scores to them by using statistical models, in order to estimate their future performance. Application score helps the creditor to calculate the risk associated with a loan and thereby decide whether to accept or refuse an application for loan. The exact date that a public record was awarded to an individual or business. COLLISION (AUTO)
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