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Endorsement
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December 22, 2022May 21, 2024

What is an Endorsement, and When Is It Required?

An endorsement is a guarantee of payment. Guarantees are usually required by banks when granting a loan or credit. The guarantor is the person who takes charge of the debt if the borrower (the person to whom the loan is granted) cannot meet the payment.  An endorsement works like a guaranteed contract through which an […]

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