Loan Register


DEFINITION of 'Loan Register'

A journal that chronicles the recording of time loans. The loan register lists when the loans are due, recorded in chronological order, and organizes the list by numbering the loans consecutively. They are used by loan officers to track the maturities of loans so that they can notify their customers that the loans are coming due.

They are also known as "maturity ticklers."

BREAKING DOWN 'Loan Register'

Loan registers are important tools for loan officers, who use them to generate follow-up business. Loan officers will generally notify their customers of upcoming maturities either with a personal visit or by mail.

  1. Net Borrower

    An entity that borrows more than it saves or lends out. A net ...
  2. Loan

    The act of giving money, property or other material goods to ...
  3. Maturity Date

    The date on which the principal amount of a note, draft, acceptance ...
  4. Co-borrower

    Any additional borrower(s) whose name(s) appear on loan documents ...
  5. Loan Officer

    Representatives of banks, credit unions and other financial institutions ...
  6. Debt/Equity Ratio

    Debt/Equity Ratio is debt ratio used to measure a company's financial ...
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  1. Can personal loans be included in bankruptcy?

    Personal loans from friends, family and employers fall under common categories of debt that can be discharged in the case ... Read Full Answer >>
  2. Are personal loans tax deductible?

    Interest paid on personal loans is not tax deductible. If you take out a loan to buy a car for personal use or to cover other ... Read Full Answer >>
  3. Are personal loans bad for your credit score?

    Taking out a personal loan is not bad for your credit score in and of itself. However, there are several factors that come ... Read Full Answer >>
  4. Can Sallie Mae loans be forgiven?

    Sallie Mae loans, similar to other private loans, cannot be forgiven. As of 2015, there is no option for private student ... Read Full Answer >>
  5. Can Sallie Mae loans be consolidated?

    Sallie Mae loans can be consolidated with other federal loans, but not with private loans. For federal loan consolidation, ... Read Full Answer >>
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    Sallie Mae is a private lender, so its direct loans are not federal loans. Basically, federal student loans consist of money ... Read Full Answer >>

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