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debt service
(redirected from Servicing a Loan)

    Also found in: Legal, Financial 0.01 sec.
debt service
The periodic repayment of a loan, including both accrued interest and a portion of the principal.
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Servicing a loan does not personally affect the borrower other than changing where payments may be sent.
What A Lender Must Disclose by Max Pain / Finance and Investment community
Barnett's cost of servicing a loan is currently well under its peer group average, and, because of the additional scale afforded by this acquisition, the company's cost to service a loan will decline further.
BARNETT BANKS AGREES TO ACQUIRE BANCPLUS FINANCIAL by PR Newswire
 
 
 
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