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Month: November 2018

Loan extinction: insights and tips

Loan extinction: insights and tips

The extinction of the loan consists in paying the sum left before the agreed date and in a single solution. Why should we pay off the loan in advance? There could be two reasons: – the first is to close a debt and to have more liquidity – the second is to pay off a minor debt with a sum coming from a loan that is much cheaper than the first. Benefits of extinguishing the loan: freedom and interests The…

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