Delay in fulfilling the obligation, that is, in the case of a loan agreement, it means the delay in the payment of the instalment.

Loan that is being paid on time, that is, the instalments are being paid on the dates and under the terms agreed with the bank/financial entity.

Period agreed for refunding the loan. The amount of the instalment will vary depending on the term. The shorter is the refunding period, the greater parcel of capital the customer will have to pay each month to refund the total amount borrowed.

Monthly amount that the debtor is required to pay when entering into a loan agreement, consisting of a portion intended to pay part of the borrowed capital and another to pay interest and other charges (financial expenses).

Whitestar is a Servicer, that is, a credit recovery company, which may vary according to the type of loan and the terms negotiated between the Servicer and the Investor. In exchange for these activities, the company receives a contractually agreed fee.

FAQs – Page 3 – whitestar

Q: Sub-Performing Loan (SPL)

A loan with some payments fulfilled, although partially, not including the amount owed and interest. In fact, the debtor's situation show that it is unlikely the agreed instalments will be paid on the initially scheduled final date

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FAQs

Arrears

Performing Loan (PL)

Reimbursement Term

Installment

Servicer

Sub-Performing Loan (SPL)

Get a personal consultation.

Lisbon Headquarters

Porto Office

FAQs

Arrears

Performing Loan (PL)

Reimbursement Term

Installment

Servicer

Sub-Performing Loan (SPL)

Get a personal consultation.

Lisbon Headquarters

Porto Office

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Contact us so we can help you.