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Business, 08.10.2019 03:00 edgytaehyung

Because lenders are sometimes reluctant to lend large sums of money simply on the borrower's promise to repay, many lenders take a in the property purchased or some other property of the debtor. the property in which the security interest is taken is called if the debtor does not pay the debt, the creditor can on and recover the collateral.

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Because lenders are sometimes reluctant to lend large sums of money simply on the borrower's promise...

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