I borrowed money Idaho

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Calculation example: with a loan amount of USD 100,000 at 10% per annum, for a period of 1 year, the total amount to be repaid will be equal to: USD 105,499.06, with a monthly payment: USD 8791.59. The consequences of not paying the loan are regulated by the legislation of USA.

    Who's who in personal credit

    When we decide to ask for an easy loan, it is better to know legally what to expect. Therefore, it is important to know who is the creditor and the borrower.

    Lender or creditor: This is a financial institution or supplier of goods and services that is obliged to provide a certain amount of money to a natural or legal person within a certain period of time or enter into an obligation on their behalf.
    Borrower or Borrower: This is the natural or legal person who benefits from the amount provided by the Lender or the Lender or benefits from the obligations that the Lender undertakes on behalf of the Borrower.