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The 'interest cover' that banks calculate when offering loans is essentially: The amount of money that the borrower has left after repaying the loan. The
The 'interest cover' that banks calculate when offering loans is essentially: The amount of money that the borrower has left after repaying the loan. The number of times the borrower could afford to pay the loan from their income. The number of years it will take for the borrower to repay the loan. www
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