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