Relacionar Columnas Loan TermsVersión en línea Match the loan related terms with their definitions. por Stephanie Klocke 1 Delinquent 2 Forbearance 3 Grace Period 4 Borrower 5 Federal Loans 6 Default 7 Private Loans 8 Lender 9 Deferment 10 Principal 11 Interest Individual requesting or receiving a loan Percentage of balance, calculated monthly, charged to the borrower A period when loan payments are suspended or reduced; interest continues to accrue A set period of time after graduation, leaving school, or switching to part time status before repayment begins Individual or institution providing funding that must be paid back A period when loan payments are suspended or reduced; interest may not accrue depending on eligibility An account where payment(s) are one or more days past due Amount of money borrowed Financial agreements made and funded by the government, based on eligibility criteria such as financial need Financial agreements made and funded by banks or financial companies, often based on criteria such as credit score and income An account where payment(s) are severely overdue, triggering severe consequences
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