Bullet loan
id:
bullet-loan-313-18430594
title:
Bullet loan
text:
In banking and finance, a bullet loan is a loan where a payment of the entire principal of the loan, and sometimes the principal and interest, is due at the end of the loan term. Likewise for bullet bond. A bullet loan can be a mortgage, bond, note or any other type of credit. In a bullet loan, one can choose to pay only the interest amount, and the bulk amount can be paid later at the time of the maturity of the loan or as agreed by the financial institution. This arrangement is convenient to i
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Bullet_loan
date created:
date modified:
2022-02-16T15:38:11Z
main entity:
{"identifier":"Q2020585","url":"https://www.wikidata.org/entity/Q2020585"}
image:
fields total:
13
integrity:
13