loanee

[US]/ləʊˈiː/
[UK]/loʊˈiː/
Frequency: Very High

Translation

n.a person or entity that borrows money; the borrower in a loan agreement

Phrases & Collocations

loan agreement loanee

loanee eligibility criteria

loanee default risk

loanee information request

loanee repayment schedule

loanee credit score

loanee financial statement

loanee application form

loanee support services

loanee contact details

Example Sentences

the loanee must repay the loan on time.

a loanee can apply for a higher amount if they have a good credit score.

the bank requires the loanee to provide collateral.

the loanee's financial history will be reviewed before approval.

as a loanee, you should understand the terms of the agreement.

the loanee was grateful for the flexible repayment options.

many loanees struggle with high-interest rates.

the loanee needs to submit proof of income.

it is important for a loanee to maintain good communication with the lender.

the loanee faced challenges in meeting the monthly payments.

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