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service the loan

Posted by ESC on October 07, 2006

In Reply to: Service the loan posted by Sim on October 07, 2006

: What do u mean by 'I m not making enough to even service the loan'?

I found this in a glossary online:

Debt service- Total payments due on loans (repayments plus interest).

I guess it means I'm not making enough money to make my loan payments.