Glossary | Accrued Interest

Accrued Interest:

Interest that has accumulated since a given point in time. Likely since the loan was originated, or on a monthly basis.

Boro NMLS No. 1635300. NMLS Consumer Access

Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016, issued by Department of Insurance and Financial Services. Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521

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