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What is a defaulted amount?

Updated: 9/18/2023
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Q: What is a defaulted amount?
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Can you just pay the principal on your defaulted student loan?

No ... you will need to pay the entire 'financed amount' that includes the interest charged. One needs to call the student loan people and get a 'payoff amount' from them first.


What is a sentence with the word defaulted?

If you have defaulted on a loan in the past, your request for a second one may be denied.


How do you know if your lender bought your mortgage as a bad debt?

Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.


Can a person that has defaulted for 10000 dollars in a civil suit be sued again for that amount four years later?

Not for the same set of underlying facts. (not the same incident)


If you make three consecutive payments on a defaulted car loan are you still considered in default?

Once a loan of any kind has defaulted, there is no changing it. If you mean that you missed one payment, this is not necessarily a defaulted account. Once the lender sells your debt or passes it to an agency to recover the amount owned, then things are different. In the UK a missed payment or late payment will show on a credit search for six years. This can be removed if the total amount of the loan has been paid and you write to the credit agency to ask them to remove the information. Do not pay someone to do this, it costs nothing!


What is the benefit of getting defaulted loan off of credit report versus paying off defaulted loan?

ask an asian.


What country in Europe has defaulted?

Greece


Can you sue the borrower if they defaulted on loan if im the cosignor?

Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.


If you catch up a defaulted loan can you get a another student loan?

In the US, yes you are eligible for additional student loans if you rehabilitate, bring current, or consolidate your defaulted federal loans. If you need help with the consolidation of your defaulted loans, click the link below.


What do you do if you want to pay on defaulted loan?

Send in a payment.


What is the past tense of default?

The past tense is defaulted.


Can they reposses your second car for the first defaulted car?

no