oboloo

oboloo Glossary

Debtservice

oboloo Glossary

Debtservice

Debtservice – Debtservice is the process of making regular payments on an outstanding debt, such as a mortgage or loan. Debtservice involves setting up a payment schedule and making payments on the agreed-upon dates. It typically involves interest payments to the lender as well as repayment of the principal amount owed. Debtservice is an important part of ensuring financial stability and security, as it helps manage debt and provide lenders with peace of mind. So if you’re looking to finance a purchase or pay off existing debts, make sure you know how to handle your debtservice responsibly!

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971