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The commission initially permitted the rescue aid on the condition that the amount was repaid by June 17 this year.
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With a loan, even the most prized possession isn't gone; it is available once more as soon as the loan amount is repaid.
The amount to be repaid is based on the value of the property at the time of the repayment.
Because borrowers will be required to repay any assistance granted -- and because the amount to be repaid will be safely locked up as equity in the house, guarded by a lien -- there is no need to perform cumbersome manual evaluations of borrower financial positions to determine if borrowers truly deserve a modification.
First, it lowers the amount to be repaid internationally (though there is an interest rate involved) because we're effectively borrowing from ourselves.
The loan, which was repaid in 1975, was a significant amount, considering that many individual donations at the time came in amounts of a few hundred dollars.
The money was repaid.
The customer was repaid.
The loan was repaid on Christmas.
The loan was repaid in June 2005.
As bills were paid, so the money was repaid.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com