Description and Coding Systemâ (âHarmonized Systemâ or simply the âHSâ).2 It went. into effect internationally on January 1, 1988, with the entry into force of the. International Convention on the Harmonized Commodity Description and Coding. System (âHarmonized System Conventionâ) to which the Harmonized System is.
A secured debt or secured claim is one where the lender has some sort of collateral. A car loan or home mortgage would be the most common examples, but other debts may be secured as well, especially in business settings.
Even if you have car insurance that will cover the repairs, most policies require you to pay a deductible before they pay for the rest of the repairs. A car repair loan can be used to cover the deductible if you do not have enough cash to pay for it. car repair loan is different from a personal loan because the money is being invested in a vehicle. Usually care repair loans must be to cover repairs that keep the car in running condition but in some circumstances car repair loans can be obtained for other types of repairs especially if a person has good credit.