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Failure to repay can result in broken legs.Microlenders try to satisfy poor people's hunger for credit less brutally.
Failure to repay these funds may prevent students from re-enrolling at the University; may prevent release of academic transcripts to transfer to another institution; may result in the account being referred to a collection agency; and may result in a damaged credit rating.
Default Failure to repay a loan according to the terms agreed to in the promissory note.
A failure to repay debts was once seen as a sign of moral laxity.
Credit-default swaps (which insure investors against a failure to repay) reflect this shift in sentiment.
There will be no more IMF lending after the failure to repay the debt.
Similar(21)
They will also understand that it would be the German taxpayer rather than the markets that would be left holding the bag in the event of any failure by Greece to repay.
Archives|S.S. KRESGE SUES FIRM FOR $792,229; Demands Return of Money Paid to Settle Account With W.E. Hutton & Co. ECHO OF BYRNE FAILURE Merchant Forced to Repay Sums Loaned by Brokers to Embarrassed Concern.
S.S. KRESGE SUES FIRM FOR $792,229; Demands Return of Money Paid to Settle Account With W.E. Hutton & Co. ECHO OF BYRNE FAILURE Merchant Forced to Repay Sums Loaned by Brokers to Embarrassed Concern.
The artists' group says it is responding to a range of abuses that have been reported on the island, including the failure of contractors to repay recruitment fees — which can lead to crippling debt for laborers — hazardous working conditions and the arbitrary withholding of wages.
The historically most common response to this market failure – a government guarantee to repay student loans to banks in the event of default – is associated with significant problems.
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