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Put simply, it hasn't. Loan repayments stopped in 1934 and have never restarted.
The official government statement on this is "Neither the debt owed to the United States by the UK nor the larger debts owed by other countries to the UK have been serviced since 1934, nor have they been written off."
What else can I help you with?
When did Britain pay off the World War 2 debt to the US?
Early in 2005.
How did Germany pay for the expenses of the war?
by working off their debt to the U.S. when they finally accepted post war reparations, when the U.S. lent them money
How did Australia help the US in World War 1?
the u.s was neutral in the beginning of WWI. People supported different sides but the u.s was fair and friendly to both sides cncerned in the war. the u.s help Britain by lending supplies but only if they could pay for them and come to American ports to get them.
How much was Britain in debt after World War 1?
Quite a bit. The UK became one of the largest debtors in the world. One of the reasons the Germans were hit so hard with reparations in the Treaty of Versailles was because the Brits and French were determined to make the Germans pay off their respective debts, especially to the United States.
In order to pay its war debt Germany?
Borrowed more money.
Did Serbia pay off the WW1 debt?
no it didn't. it still needs to pay 154 millon pounds of debt.
What was pitts plan to pay off great Britain's debt incurred during the french and Indian war?
To have Great Britain Pay for it
When did Britain pay off the World War 2 debt to the US?
Early in 2005.
Why did the Britain need money to pay off war debt?
they had to pay for the soldiers to have food place to stay for them to go to war
Did Great Britain pay off the debt of the Seven Years War?
yes, no, i don't know
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
How can you keep a collection agency from taking your car?
Pay off your debt.Pay off your debt.Pay off your debt.Pay off your debt.
Why did Britain not allow the US to have independence?
Because they wanted the American's to pay off the debt from The French and Indian War, so they "trapped" them.
(The Metamorphosis) Gregor works so hard in order to?
Pay off his father's debt
Is it better to settle a credit card debt or pay it off?
Pay it off
What is a sum paid toward a balance?
That means you pay off part of your debt.That means you pay off part of your debt.That means you pay off part of your debt.That means you pay off part of your debt.
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
