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Things to consider before foreclosing a loan account

Updated : October 08, 2020 08:17 PM IST

Loan foreclosure is the full repayment of the remaining loan amount in one single payment instead of paying it back in multiple equated monthly installments (EMIs).
Borrowers may look at foreclosing a loan when their repayment capacity increases.
Things to consider before foreclosing a loan account
Published : October 08, 2020 07:08 PM IST

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