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Credit card companies are imposing higher delinquency fees, stepping up collection efforts and checking on repayment histories.
Ssangyong Motor, a Korean company that makes sport utility vehicles, said its creditors had approved a one-year extension on repayment of 2.2 trillion won ($1.7 billion) in debt.
This isn't romance just business: If you get divorced and one party fudges on repayment, the other is responsible for the full amount.
He also counseled Obama against the one-sidedness of a recovery policy founded on repayment guarantees to financial outfits such as Citigroup and Bank of America: the policy, that is, favored by Summers and Geithner in preference to massive job creation and a major investment in infrastructure.
It needs a more convincing economic message--one that goes beyond calling for a moratorium on repayment of foreign debts and zeros in on the fundamental "fairness" issues raised by the neo-liberal economic reforms of the last nine years.
I am not advocating outlawing bonus schemes by legislation, or insisting on repayment of past bonuses.
And maternity leave moratoria on repayment on loans are standard in the Middle East.
Mr Quijano said GUPC had asked for a moratorium on repayment until 2018 to finance completion of the work.
After multiple deferments, I can no longer delay on repayment — I cannot afford even the income-based reduced payment.
Unable to forgive the debts of distressed borrowers, he said, IBRA had to be more flexible on repayment terms.
And where recovery does take place during the year, we will adopt new rules on repayment to address potential hardship.
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