Balloon Note In Spanish Meaning In Philadelphia

State:
Multi-State
County:
Philadelphia
Control #:
US-00425BG
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Word; 
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A Balloon Note is a Promissory Note that has one large payment (the balloon payment) that is due upon maturity. A balloon note will often have the advantage of a very low interest rate, thus requiring little capital outlay during the life of the loan. The major problem with such a loan is that the borrower needs to be self-disciplined in preparing for the large balloon payment due when the loan matures. Of course refinancing the note upon maturity is always a possibility.
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No information is available for this page. This English-Spanish Wordbank of Social Security Terminology contains everyday words and expressions as well as technical Social Security terminology.The navy was asked during the Spanish-American War to gain control of the waters around the Philippine Islands and the Caribbean Sea. "Remarks" had to have been written well before January 7, when the duc de La Rochefoucauld sent Franklin his French translation. Washington made the controversial decision to order the mass inoculation of his soldiers, an effort to combat spread of the disease.

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Balloon Note In Spanish Meaning In Philadelphia