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What is recourse?

In Debt - Loan Debt - Asked by Admin - 15 months ago

Recourse is the right to demand payment from a person that is obliged to make these payments. There are both full recourse loans, limited recourse loans, and non-recourse loans.

Answered by Admin - 15 months ago


Tags: recourse, loan, loans, loan debt, loan debts, what is recourse?

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