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by kgwgk 1386 days ago
Definitely there is a difference between paying and collecting payments!

I was aware of "servicing a loan" as "paying the interests". But I've found that the "administrative" meaning also goes back many decades.

1 comments

Yeah it’s a bug for sure. ‘Loan service processor’ got shortened to ‘loan servicer’ which definitely steps on the toes of ‘debt service’.

Someone should open a ticket.