What Is Loan Servicing?

Loan service refers to the loan management provided from the time the loan is issued until the loan is fully recovered.

Loan service

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Loan service refers to the loan management provided from the time the loan is issued until the loan is fully recovered.
Chinese name
Loan service
Foreign name
Servicing
Time period
From loan release to full loan recovery
Pay attention
Maybe the lender is sometimes the responsibility of an intermediary
definition
Loan services such as collecting monthly repayments, maintaining loan progress reports, ensuring payment of taxes and insurance premiums, and urging overdue borrowers to repay. Loan management is not necessarily a lender, and sometimes an intermediary agency is responsible.

IN OTHER LANGUAGES

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