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rollover loan |
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rollover loan (1) A construction loan that automatically converts to permanent financing upon completion of construction.(2) A loan from a person's own retirement plan that continues into a new retirement plan if one changes jobs. (3) Short-term loans (as short as 14 days) that automatically renew if not paid,but incur substantial fees in connection with the renewal.The most common type is the payday advance loan. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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