LENDER'S TAKEBACK Crossword Clue

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Crossword Puzzle Infos
The term 'LENDER's Takeback' refers to a process known as repossession, or 'repo' for short. Repo is when a LENDER takes back an item that was purchased with a loan, usually due to the borrower's inability to make payments. This can include cars, boats, and other items. The LENDER will then sell the item in order to recoup their losses.
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