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Helping borrowers keep on top of their loans

Do you agree that any missed payment should be self-managed by the person who owes the amount if at all possible?

Comments

Maxine

Yes, missed payments may be due to temporary cashflow difficulties which many do have at times. There should be no penalties attached to any missed payments. Loans have been taken out on the understanding that here is no interest attached or penalties for repayments not made.

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2 months ago
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