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It's fine if it's merely a demand loan and there's no repayment schedule.
Or the government can reduce the banks' debts, by using its influence to encourage, or even demand, loan forgiveness.
Millions are on the breadline as a result of Tory welfare cuts; food banks are struggling to meet demand; loan sharks wax fat; hospitals are treating cases of malnourishment and rickets.
The Department also acquiesced in efforts by Corinthian, fearful that many students would demand loan forgiveness, to steer students to transfer to other predatory, low-quality for-profit schools.
Similar(56)
The bank said it would treat the obligations as demand loans, court papers say.
Generally, though, if all loans to a child are demand loans (meaning there's no specified repayment schedule) and total less than $10,000, the parent need charge no interest.
If it finds that the funds were used for purposes other than intended, the EU bank will have to "ask ourselves whether we have to demand loans back", he said.
Most are "demand loans" that can be terminated at will by the lender.
If people and firms expect prices to fall, they stop spending, and as demand sinks, loan defaults rise.
Furthermore, upper caste Hindu families with large land holdings may demand higher loan amounts to meet higher costs of cultivation.
9. Demand your loan be extinguished.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com