Glossary entry

English term or phrase:

consolidation loan

Arabic translation:

دَيْن موحّد

Added to glossary by Lamis Maalouf
    The asker opted for community grading. The question was closed on 2010-01-21 16:06:38 based on peer agreement (or, if there were too few peer comments, asker preference.)
Jan 17, 2010 15:45
14 yrs ago
18 viewers *
English term

consolidation loan

English to Arabic Bus/Financial Finance (general) loans
The act of combining several loans or liabilities into one
loan. Debt consolidation involves taking out a new loan to
pay off a number of other debts. Most people who consolidate
their debt usually do it to attain a lower interest rate, or
the simplicity of a single loan
Change log

Jan 21, 2010 16:45: Lamis Maalouf changed "Edited KOG entry" from "<a href="/profile/0">'s</a> old entry - "consolidation loan"" to ""دين موحّد""

Proposed translations

+3
3 mins
Selected

دين موحّد

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Peer comment(s):

agree Mohamed Salaheldin : يحل محل ديون متعددة
3 mins
Right Hany, I tried to use the least words.
agree hassan zekry : توحيد الديون
15 mins
Thank you Hassan for the suggestion but I think it is the translation for debt consolidation http://www.arabconsult.com/resource/knowledge/dictionaries/c...
agree Radwan Rahman
16 hrs
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
11 hrs

قرض توطيد الدين

Consolidation loan = Debt consolidation loan

Consolidation Loan: The replacement of two or more loans with a new single loan, often with a lower monthly payment and a longer repayment period. Also known as a consolidation loan or debt consolidation.

http://www.razar.net/mortgageglossary.html

توطيد الديون يشير إلى إعادة هيكلة عدد كبير من الديون غير المضمونة في واحدة شهريا الدفع منخفضة ، في حين أن القضاء على الفائدة وتخفيض مجموع المبالغ المستحقة للدائنين. توطيد الديون قد أصبحت ذات شعبية مع الناس لأنها تعامل مع الكميات المتزايدة من ديون بطاقات الائتمان ، وقروض الرهن العقاري ، وقروض السيارات ، وقروض الطلاب ، جنبا إلى جنب مع التصنيف الائتماني المنخفض ومكالمات هاتفية تهديدية من الدائنين. توطيد الديون ويعتبر الخيار الاخير قبل اعلان الافلاس.

http://www.articlub.com/debt-consolidation/Debt-Consolidatio...


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