Laenukulutust
Laenukulutust, also known as debt servicing, refers to the process of repaying a loan according to the agreed terms. This includes regular payments of principal and interest, which are typically made in equal installments over a specified period. The repayment schedule can vary, with some loans requiring monthly payments, while others may have bi-weekly or annual installments. The amount of each payment is determined by factors such as the loan amount, interest rate, and the length of the repayment term. Laenukulutust is a crucial aspect of financial management, as it ensures that borrowers can meet their financial obligations and avoid defaulting on their loans. Proper laenukulutust can help maintain a borrower's credit score and financial stability. However, it is essential to carefully consider the terms of a loan before committing to laenukulutust, as high interest rates or long repayment periods can lead to significant financial strain. Additionally, borrowers should ensure they have a consistent income and budget to comfortably manage their laenukulutust obligations.