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2. Side letter (contract law) - Wikipedia

   en.wikipedia.org/wiki/Side_letter_(contract_law)

   Law portal; A side letter or side agreement or side letter arrangement is an agreement that is not part of the underlying or primary contract or agreement, and which some or all parties to the contract use to reach agreement on issues the primary contract does not cover or for which they require clarification, or to amend the primary contract.

3. What is an irrevocable beneficiary? - AOL

   www.aol.com/finance/irrevocable-beneficiary...

   Irrevocable beneficiaries are often used in cases where financial security must be guaranteed, such as in loan agreements or divorce settlements, ensuring the beneficiary’s rights are protected.

4. Personal contract purchase - Wikipedia

   en.wikipedia.org/wiki/Personal_contract_purchase

   In July 2017, the Competition and Consumer Protection Commission (CCPC) commenced a study into PCP car finance market. [10] This followed a study by Motorcheck which revealed Ireland's new vehicle market was heavily dependent on PCP agreements. The study found 73,979 new vehicles were sold on finance in Ireland in 2016, a 139% increase from ...

5. What are guaranteed mortgage loans? - AOL

   www.aol.com/finance/guaranteed-mortgage-loans...

   Lighter Side. Medicare. new; News. Science & Tech. ... Peter G. Miller. December 13, 2023 at 2:30 PM. Key takeaways. A guaranteed mortgage loan gives lenders the ability to qualify borrowers with ...

6. Owner financing: What it is and how it works - AOL

   www.aol.com/finance/owner-financing-works...

   Owner financing agreements can be structured in a number of ways, including as a second mortgage, a rent-to-own contract or a wraparound loan. Owner financing tends to benefit the seller more so ...

7. Demand guarantee - Wikipedia

   en.wikipedia.org/wiki/Demand_guarantee

   A bank lending against an SBLC alone in such a manner would in effect be purposefully underwriting a loan with the expectation that there was to be a default, which is not something bank regulators would approve. [citation needed] Demand Guarantee can be issued as the primary means for meeting the loan or facility repayment terms.

8. Guaranteed investment contract - Wikipedia

   en.wikipedia.org/wiki/Guaranteed_investment_contract

   A guaranteed investment contract (GIC) is a contract that guarantees repayment of principal and a fixed or floating interest rate for a predetermined period of time. Guaranteed investment contracts are typically issued by life insurance companies qualified for favorable tax status under the Internal Revenue Code (for example, 401(k) plans).

9. What is a pay-for-delete letter? - AOL

   www.aol.com/finance/pay-delete-letter-195458239.html

   Credit scoring models also treat paid collections differently, which could influence the impact of a successful pay-for-delete agreement. Older models, such as FICO 8 , include paid collections in ...