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The phrase "able to pay back" is correct and usable in written English.
It can be used when discussing someone's capacity to repay a loan or debt.
Example: "After reviewing my finances, I am confident that I am able to pay back the loan within the agreed timeframe."
Alternatives: "capable of repaying" or "in a position to repay".
Exact(59)
"I would be able to pay back the funds eventually.
They are able to pay back the money they've borrowed.
Without that, Greece will never be able to pay back its loans.
So they go on pretending that Greece will someday be able to pay back its loans.
If I don't, I'm never going to be able to pay back".
Creditors are entitled to ensure that borrowers reform their economies sufficiently to be able to pay back what they owe.
That was later purchased by Films Division [of India] and I was able to pay back my donors.
Investors started to worry about whether struggling euro-zone economies would be able to pay back their debt.
Germany should realize by now that without growth its beleaguered neighbors will never be able to pay back their debts.
Meanwhile, an announcement that someone is able to pay back what they owe is met with clapping and cheering.
Now his business is established, he is making a steady profit and will be able to pay back the loan.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com