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An acceleration clause: Question options: Allows the borrower to pay the loan off early. Allows the borrower to reduce the principal balance at a faster
An acceleration clause:
Question options:
Allows the borrower to pay the loan off early. | |
Allows the borrower to reduce the principal balance at a faster rate. | |
Allows the borrower to make subsequent draw-downs of the agreed upon principal. | |
Allows the lender to make the full outstanding balance due immediately. |
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