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A cash basis loan is one in which interest is recorded as earned when payment is collected.
Cash Loans.. B. Definitions. The cash provided by the lender is not income but is the borrower's resource if retained in the month following.
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Banks and other lenders are often motivated to renegotiate because that’s a generally a preferable option to foreclosure, due to the costs and risks involved in that process and the fact that the.
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