Cryptic crossword clue
27’s predecessor arranged loan rollover 6,6

The most common and most likely answer to this crossword clue is the 6 plus 6 letter word RONALD REAGAN

I've seen this crossword clue in Independent
R
O
N
A
L
D
R
E
A
G
A
N

Buddy explains!

The straight part
We know that "27’s predecessor (as POTUS – so POTUS 40)" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case 27’s predecessor (as potus – so potus 40) = ronald reagan.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

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