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Loan Service Terms and Conditions Article 1 (Scope of Application) These Terms and Conditions shall apply only to the customers using a card loan service (hereinafter referred to as the Loan Service)
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Loan service terms refer to the contractual agreement between the lender and borrower outlining the terms and conditions of the loan, including repayment terms, interest rates, and any additional fees or charges.
Both the lender and the borrower are required to review and sign the loan service terms document.
To fill out loan service terms, both the lender and borrower should carefully read and understand the terms and conditions outlined in the document. They should then sign and date the document to indicate their agreement and acceptance of the loan terms.
The purpose of loan service terms is to establish a legally binding agreement between the lender and borrower that outlines the repayment terms and conditions of the loan, ensuring that both parties are aware of their obligations and rights.
Loan service terms should include details such as the loan amount, interest rate, repayment schedule, any penalties for late payments or defaults, and any additional fees or charges.
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