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If a bank loan is not repaid, however, the bank itself must absorb the losses.
"If the money is not repaid to me," he said, "I'll commit suicide".
A loan that is not repaid may be forgiven without a single word between parent and child.
But there will be an additional 3 percentage points if the loan is not repaid during that period, Mrs. Lagarde said.
FELIX SALMON quotes Dave Wrixon, who writes of the new bail-out plan:It is just a poison pill for debt that is not repaid on time.
It is not repaid until you die or go into a care home, but the accumulated interest could leave your children with no inheritance.
Similar(34)
And, the median "extended" overdraft penalty fee, which banks charge if an overdraft isn't repaid within a certain number of days, was $33, up from $25.
No credit unions made reference in their disclosures to amounts charged for "extended" overdraft fees, which are fees charged if an overdraft isn't repaid within a specified amount of time.
All except five of the banks (Capital One, Citibank, HSBC, Regions Bank and Wells Fargo) tack on extra fees if the original overdraft isn't repaid within a specified number of days.
Other players are not repaid as quickly.
Legal action was threatened if the debt was not repaid.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com