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| What is a Demand Loan?
Demand Loan is also know as call loan or money at call, this loan type may or may not have an exact time when the customer has to repay it. The creditor could call it in any time with or with out any notice.
For example you take out a loan and there isn't a maturity date set, but when the creditor calls you then you have to pay up the full amount. You might get a 24 hour notice. | | | | |
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