GLOSSARY

Rate floor Rate Index Rebate Card Redemption Reorganization plan Repayment Plan Repossession Revolver Revolving account Revolving charge account Right of Rescission Risk pricing
GLOSSARY TERMS by Alpha
# | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Repayment Plan

Modification of an existing loan after the borrower has been delinquent. Often used when the borrower misses payments but the lender does not foreclose.

Previous Term: Reorganization plan
Next Term: Repossession


Featured Services: