Loan repay 2025

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Synonyms. pay, compensate, remunerate, satisfy, reimburse, indemnify, repay, recompense mean to give money or its equivalent in return for something. pay implies the discharge of an obligation incurred.
verb B2. If you repay a loan or a debt, you pay back the money that you owe to the person who you borrowed or took it from. [] See full entry for repay
Loan repayment means paying back the money you have borrowed from a lender. This is done through stipulated monthly payments over a certain period of time that cover your principal amount, which is the original sum of what you have borrowed, as well as interest charged on that amount for borrowing it.
If you repay a loan or a debt, you pay back the money that you owe to the person who you borrowed or took it from.
Make bi-weekly payments. Instead of making monthly payments toward your loan, submit half-payments every two weeks. Round up your monthly payments. Make one extra payment each year. Refinance. Boost your income and put all extra money toward the loan.
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People also ask

Some common synonyms of repay are compensate, indemnify, pay, recompense, reimburse, remunerate, and satisfy. While all these words mean to give money or its equivalent in return for something, repay stresses paying back an equivalent in kind or amount. In what contexts can compensate take the place of repay?