Answer Question
It is an unsecured loan (no assets to guarantee it) for which payments have fallen behind schedule.
What are the main loan administration procedures?
What is financial engineering?
What are the causes of delinquency in MFI's?
What advantages does the creditor gain from liquidation?
What is truncated cheque?
How to collect a demand mortgage?
What is Cheque Kitting?
What is a cheque?