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Q: What does borrowers do when they cant pay back their loans?
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Related questions

Why bankers require collateral from borrowers?

incase people will pay back ability to pay back


Why do we need a bank?

We need a bank because without it we cant make loans and if we cant make loans we cant buy off land and property and things we need and once we buy these things and pay back the loans the bank gets more money wich goes to the government


Enter your question here i do not want to pay back any lifetime loans i need 2500.00 for an apartment and moving expenses?

i do not want to pay back any long term loans i cant afford i need 2500.00 for an apartment and moving expenses


What are the risks associated with a payday cash loan?

Payday cash loans come with a substantial risk to the lender, due to uncollateralized loans to high-risk borrowers. There is little risk to the borrower outside of damage to credit and accumulated interest if the individual does not pay back.


When is Maupassant's attitude toward Mathilde most gentle?

When she is trying to pay back the loans


When are you required to pay back a FAFSA loan?

Yes, you are required to pay back federal loans that your accept after filling out the FAFSA. This includes subsidized loans, unsubsidized loans, and PLUS loans.


When do you pay back loans?

asap


Long term loan vs short term loan?

With long term loans, borrowers can take a longer period of time to start paying of their loan. Whereas with short term loans, the borrowing time is usually no more than two weeks because the borrowers typically use short term loans to cover their extra expenses between paychecks - after borrowing the money they use their next paycheck to pay back the short term loan.


When do the Christmas loans start?

WHEN do the loans start where you can get money on your taxes and pay it back when you get your tax money back?


Do federal Stafford loans have to be paid back?

Yes, you need to pay back federal Stafford loans.


Can you lose your house if you cant pay unsecured loans or credit card debt?

no


What is the purpose of a fixed rate home equity loan?

There are many purposes that a fixed rate home equity loans serves. This particular type of loan may be easier for some borrowers to pay back due to it being based on installments.