§ 47101 Loan of Money
§ 47102 Loan Repaid in Current Money
§ 47103 Interest on Loan
§ 47104 Interest, What
§ 47105 Annual Rate
§ 47106 Legal Rate of Interest
§ 47107 Licenses for Money Lending
§ 47108 Exceptions
lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Guam Code > Title 18 > Chapter 47 - Loan of Money

  • Contract: A legal written agreement that becomes binding when signed.
  • Forbearance: A means of handling a delinquent loan. A
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.