Defaulting on a loan
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6 жыл бұрынThere can be more to a loan default than one missed payment. In this video we cover delinquencies, default and reinstatement. To learn which ones apply to you - read your loan documents. This video covers how they work .
@axeblue Жыл бұрын
Thanks for the info. I hear we're in a Personal Loan Bubble at the moment, winter 2022. I've read an Article stating Delinquency rates on Loans are on the rise. Another Article stated how delinquencies can lead up to a 150 point loss from a person's Credit Score. I'd expect many ppl's Credit Scores will start dropping in 2023. Thank you again for the Education of Agreement clauses, that may be attached.
@TheBigfoottrucker Жыл бұрын
Thanks for telling me 25 ways that I need to read it
@SikandarKhan-bo3wn 3 жыл бұрын
Great inf. Thank u ma'am 😘
@hazrelmoktar9193 5 жыл бұрын
Thank you for your explanation :-)
@Themeparknerd1993 4 жыл бұрын
They can turn around and make you pay the full loan again even if you had been making some payments?
@FinelyRevealed 4 жыл бұрын
Hi @Galaxy - payments made are not paid again - but those not paid and not yet due can be required to be paid. Hope that helps.
@Themeparknerd1993 4 жыл бұрын
FinelyRevealed Yes! Thank you.
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