Loan Processor Question:
Download Questions PDF

Tell me what is Payday loan?

Answer:

A pay-day loan is generally, a small amount and a short-term loan available at high interest rate. A borrower normally writes post-dated cheques to the lender in respect to the amount they wish to borrow.

Download Loan Processing Interview Questions And Answers PDF

Previous QuestionNext Question
Explain me what is ‘Crossed Cheque'?Tell me what are the different ways you can operate your accounts?