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The time now is 02/14/09 - 19:40

What is the maturity date in a Demand Loan?


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brand
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Joined: 22 May 2007
Posts: 2



PostPosted: 11/24/08 - 05:44    Post subject: Reply with quote

Where can I find more about maturity date for Demand Loan? I am pretty sure that this is the first thing that I should find out when any loan is in question and this is why I am asking about maturity date on demand loan that am about to take. So where to find this data?
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dallon
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Joined: 03 Dec 2005
Posts: 2



PostPosted: 12/09/08 - 05:16    Post subject: Reply with quote

There is no date of this sort for a Demand Loan at all. I think that this is not something that you should be taking at all. When you have no date that you are interested in then it means that a bank that is giving you this loan can ask for a complete return in matter of days and there is nothing that would stop them at all. I hope that you can take some other kind of loan, because this is not something that you should go for at all. Unless you are suicidal. And especially don’t take this if you are thinking about some large sum.
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barret
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Joined: 11 Mar 2006
Posts: 2



PostPosted: 12/24/08 - 04:49    Post subject: Reply with quote

Large or no large sum this is not something that you should do at all. The thing about the date is all correct and you would not borrow money in the first place if you had an opportunity to find it some other way, so no matter how much you take once they ask for a complete refund you will see that you are in a big trouble and this is what you don’t need at all. Demand loan is really the last option, but maybe this is something that you should go for if you are thinking about loan sharks. They are more terrible then demand loan, but I would not go for neither one of these two.
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