time loan Antonyms
No Synonyms and anytonyms found
Meaning of time loan
Wordnet
time loan (n)
a loan that is payable on or before a specified date
time loan Sentence Examples
- The bank refused to grant me a time loan due to my poor credit history.
- A time loan allows the borrower to repay the principal and interest over a fixed period.
- The time loan is an excellent option for individuals with short-term financial needs.
- The interest rates on time loans are typically higher than those on traditional loans.
- Before applying for a time loan, it's crucial to compare interest rates from multiple lenders.
- Time loans can help borrowers consolidate high-interest debt and improve their financial situation.
- It's important to repay time loans on time to avoid penalties and damage to your credit score.
- If you default on a time loan, the lender may repossess the collateral or take legal action.
- Time loans are often used to finance large purchases, such as vehicles or appliances.
- Some time loans offer flexible repayment options, allowing borrowers to adjust their payments as needed.
FAQs About the word time loan
a loan that is payable on or before a specified date
No synonyms found.
No antonyms found.
The bank refused to grant me a time loan due to my poor credit history.
A time loan allows the borrower to repay the principal and interest over a fixed period.
The time loan is an excellent option for individuals with short-term financial needs.
The interest rates on time loans are typically higher than those on traditional loans.