Repeat Loan definition

Repeat Loan means a payday loan granted to a borrower 24 hours or less after they repay a prior payday loan granted to them.
View Source
Repeat Loan means any amount of loan, applied for by the Borrower and granted by USFB, upon Repayment of such percentage of Loan and subject to such guidelines/policies of USFB.
View Source
Repeat Loan means loan or loans granted to the BORROWER for the second time or any succeeding loans thereafter after the BORROWER have settled his/her first or initial loan.
View Source

Related to Repeat Loan

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.