0

Subjects>Business>Finance

Failure to pay back a loan called?

Anonymous

∙ 12y ago

Updated: 9/17/2023

default

Wiki User

∙ 12y ago

What else can I help you with?

Continue Learning about Finance

What is the signed promise to pay back a loan?

It is called a note.

Can you pay back a loan with the loan money?

No, you cannot pay back a loan with the same loan money.

Do you have to pay back an unsecured loan?

It is probably a good idea to pay back any loan. A loan, by definition, is something being furnished on condition of being returned. If you don't pay it back, it is not a loan. It is stealing.

Is it possible for me to pay back my 401k loan early?

Yes, it is possible to pay back your 401k loan early.

have fair crediit need a loan with time to pay it back?

have fair crediit need a loan with time to pay it back?

Related Questions

What is it called when you don't pay back a loan?

Failing to pay back a loan is called defaulting on the loan.

What does default refer to-?

the failure to pay back a loan

What is money that you have to pay back called?

it is known as a loan.

What happens if you don't pay back a payday loan in louisville Kentucky can you serve jail time for this?

If you can not pay back a payday loan the account can go into collections until repaid. The payday loan company may also file a claim in court. Failure to pay back a payday loan will not result in jail time.

What is the signed promise to pay back a loan?

It is called a note.

Can you pay back a loan with the loan money?

No, you cannot pay back a loan with the same loan money.

What is the failure to pay back loans?

*A bad idea *A pretty good way to make sure you never get another loan.

Do you have to pay back the loan for repairs on a home?

What you do with a loan is irrelevant. You always have to pay it back.

Do you have to pay back an unsecured loan?

It is probably a good idea to pay back any loan. A loan, by definition, is something being furnished on condition of being returned. If you don't pay it back, it is not a loan. It is stealing.

Is it possible for me to pay back my 401k loan early?

Yes, it is possible to pay back your 401k loan early.

What is an agreement between a consumer and lender to borrow money and pay it back in increments called?

loan

have fair crediit need a loan with time to pay it back?

have fair crediit need a loan with time to pay it back?

Trending Questions

What are the different graph options available for visualizing data? What are non financial objective of a company? Who is the thrid president? What circumstance would prompt a homeowner to seek a second mortgage loan? Where can I get a business start up grant? Why type of financial institution do most people deal with? How much interest should one expect to pay on a personal loan? What is Brown Brothers' DTC number? How does chapter 4 begins? Why is my paid off car not showing on my credit report? In your opinion what is the job that suits you the most? What are the employer tax benefits for 401k contributions? Can you be 15 to work at waffle house? What should a good home loan calculator have on it? How can I track a lost debit card? What are the benefits of purchasing third-party car insurance for your vehicle? Advantages of internal sources of finance? What are the key components that should be included in a private party car purchase agreement? What is the maximum amount of cash you can withdraw from a bank and give to friend? Is a principal debtor the same as a surety?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.