In connection with personal loans (consumer loans), the time at the end of which a loan taken out must be repaid to the bank. In the U.S.A., the central bank can set this period and thus influence the granting of credit to households. – See balloon, loan, customer, bad, personal loan, minimum interest rates, minimum installments, installment payment, overconsumption.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

Kommentare geschlossen.