A Federal student loan is considered in Default at 270 days of nonpayment.
Callable is the designation of a bond that can be paid off earlier than its maturity date.
Yes Dollar bonds can be callable
Callable bonds are similar to regular bonds in many ways. The main different is that callable bonds can be redeemed before the bond has completely matured.
similar to other forms of surety bonds, bid bonds are callable on demand.
Preferred stock may be "callable." At the option of the corporation, callable preferred stock may be surrendered to the corporation, usually at a price a little above par value (or a stated value).
A callable bond is where the issuer has the ability to redeem the bond prior to maturity. A callable bond is where the bond hold has the ability to force the issuer to redeem the bond before maturity. Hope this helps.
Most bonds issued today are "callable," which means corporations can recall them if interest rates rise before the maturity dates.
Traditional Mortgages are no longer callable. A variety of protection acts by the Federal Government have change mortgage terms.
callable or convertible.
The benefits of callable bonds is that they are protected in the fact if interest rates drop, which is especially important if one purchases bonds for a long term period.
You can get training to become a loan officer at your local college. It is a very sought after career.
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