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Financial Terms/Vocabulary for ESL | Topic: Loans, loan-related terminology in English 2

(Choose the best response for each one)

1. The interest _________________ will be lowered if you make 12 consecutive payments on time.

2. We can transfer the money _________________ into your bank account.

3. This is not a one-time fee. It is a _________________ fee.

4. He couldn't pay his loan. = He _________________ on his loan.

5. In the United States, it is illegal to _________________ an application fee for a federal loan.

6. How much is your __________________? = How much money did you borrow?
  origination fee

7. The bank hasn't __________________ our loan yet.

8. __________________ interest is basically accumulated interest.

9. __________________ of the loan amount = no matter how much the loan amount is

10. He couldn't pay his loan. = He is _________________ in repaying his loan.

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