Monday, April 22nd 2019

Question

What is a loan default?

Interesting Question?   (3)   (9)



Answers (1)

30th Nov 2009 by Burt Carlson

When a borrower accepts a loan from a lender it is with the understanding that the loan comes with certain terms. The borrower agrees to comply with these terms and will be in default if one or more of the terms is not met. The most common default on a loan is for late or non payment.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



17th Nov 2009 In Finance 1 Answers | 521 Views
Subjects: loan default,

Answer This Question / Give Your Opinion
What is a loan default?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
Where to buy cheap land in Sydney?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
Where to buy cheap land in Sydney?
Unanswered Questions in Finance
What is formula funding?
What is solar financing?
When should you get debt advice?
What is a retail loan?
How can i get a loan with no credit?

Answered Questions in Finance
Where can i buy prepaid mastercard?
How do companies raise capital?
What is a car loan?
What is mortgage financing?
What is capital funding?
Ask A Question
Get opinions on what you want to know:
Specific to any country?