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15 cards from this deck
Money borrowed from institution, repaid in regular instalments with interest
Loan repaid over 1-5 years with interest
Loan repaid over more than 5 years with interest
Long-term loan for property, typically 20-30 years
Valuable asset pledged to lender if borrower can't repay
Person who agrees to repay loan if borrower cannot
The repayment period of a loan
Annual Percentage Rate - standardised yearly interest rate
Allows fair comparison between different lenders
Amount repaid minus amount borrowed
14 days to cancel loan without penalty
The property itself serves as security
Irish Credit Bureau - reviews credit rating for lenders
Provides free credit reports for loans €500+
Make all agreed payments on time and repay in full
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