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The Npl Directive Should Foster The Development Of Secondary Markets For Npls In The Eu By Removing Impediments To, And Laying Down Safeguards For, The Transfer.

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A Nonperforming Loan Npl Is A Loan Where The Borrower Has Not Made Scheduled Payments For A Set Period, Typically 90 Or 180 Days, Depending On The Type Of Loan.

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