A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
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Terms: U |
| Underwriting |
| The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself. |
| Unsecured Loan |
| A loan that is not backed by collateral. |
| Usury |
| Interest charged in excess of the legal rate established by law. |