How To Live Loan Free & Debt Life ? | Avoid Life of Slavery By Zorba The Zen | Jabar Post Indonesia/a> – This time JabarPost.Net will discuss about Loan.
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How To Live Loan Free & Debt Life ? | Avoid Life of Slavery By Zorba The Zen | Jabar Post Indonesia
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient (i.e. the borrower) incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.
The document evidencing the debt, e.g. a promissory note, will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower.
The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent.
Acting as a provider of loans is one of the main activities of financial institutions such as banks and credit card companies. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
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In this video Zorba The Zen is describing about how to live your life loan free & debt free . Money Tips | How To Live Debt Free & Loan Free Life | Home loan, Car Loan, Credit Card , Personal Loan, Wedding Loan, Education Loan| . Big Town Vs Small Town Life | Metro cities | Big City Vs Small City | Avoid Life of Slavery Zorba The Zen
About the Speaker
” Mr. Puneet Jindal is the Chief Marketing Officer & Chief Operating Officer at AAFT University of Media and Arts. He has also been chairing Marwah Studios, Radio Noida, Asian Education Group (AEG), AAFT, Noida as CMO & COO since 2012 ” .
To Know More:
AAFT University of Media and Arts – http://aaft.edu.in
AAFT School Noida – http://aaft.com
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