Answer Question
It is an unsecured loan (no assets to guarantee it) for which payments have fallen behind schedule.
Re inverse order of maturity, if prepayments are made and orig schdule is preserved, what abt the interest? will they be recomputed ?
"In the inverse order of maturity" - When can the overpayment start to be credited against the instalment
What is the difference between money markets and Financial markets?
What are the benefits of an annuity?
What is the verb if a bank pays the debt for a customer which is loaned from another bank?
What is daily collected balance?
Example of financial suprvision?
Distinguish between portfolio risk and portfolio diversification