date of inception of the insurance policy

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2nd Mortgage-Also know as the "secondary" mortgage-is a loan secured by mortgage or trust deed, which lien is "junior" to another mortgage or trust. Personal Loan: A loan taken for personal use and extended on the basis of income and credit history of an individual. No collateral or security is required for such a loan, i.e. it is an unsecured loan. Know more on personal loans and unsecured loans. Tool used by credit grantors to provide an objective means of determining risks in granting credit. Credit scoring increases efficiency and timely response in the credit granting process. Credit scoring criteria is set by the credit grantor.
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INCONTESTABLE CLAUSE Payment Cards: Payments cards is a term that is used to refer to credit, debit and charge cards, which allow customers to make purchases without using cash. Insured. The individual who is insured against loss for health, auto, life, home, etc.
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Direct Check Grace Period: It is the time period within which if one pays off the balance in full, he or she can avoid finance charges. The grace period is typically between 25 to 30 days. Outline of coverage. A description of policy benefits, exclusions, and provisions that makes it easier to understand a particular policy and compare it with others.
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Real or personal property that a borrower pledges for the term of a loan. Should the borrower fail to repay, the creditor may take ownership of the property by following legally mandated procedures. GEICO's electronic system that allows you to review your policy documents online. A decrease in value due to age, wear and tear, etc.
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