what is a loan agreement and why is it important

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07-12-2021
Business

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what is a loan agreement and why is it important

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bellaorlove bellaorlove · Answer 1 · 2021-12-07T16:19:25-05:00

bellaorlove bellaorlove

07-12-2021

Answer:

Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms.

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