Payment of a debt obligation prior to its due date.(source: investopedia.com )

A demand loan is a loan that the lender may require the borrower (a brokerage house) to repay at any time. (source: http://www.investinganswers.com/financial-dictionary/debt-bankruptcy/demand-loan-3225)

Mode of repayment of a loan, where each month an equal share of the capital is repaid and amount interest decreases gradually.

The partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. (source: http://en.wikipedia.org/wiki/Debt_relief)

The indicators on which the financial institution will be based to approve a loan: employment history, income, credit history, assets, debts, and property.

Firm that collects, stores, analyzes, summarizes, and sells credit related information on persons and firms for a fee. (source: http://www.businessdictionary.com/definition/credit-reporting-agency.html#ixzz26BkGpfI7)

Record of a borrower’s payment behavior that reflects his or her ability to repay a loan. (Read more: http://www.businessdictionary.com/definition/credit-history.html#ixzz38BUkexTF) In many countries, a negative record