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Q: What do you call it when someone pays back a loan quiclky?
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What do you call it when someone pays back a loan quickly?

A sudden debt pay off is when someone pays back a loan quickly.


Do you have to pay back student loan if you withdraw passing?

Regardless of academic status, if someone gives you money in the form of a loan, you must pay them back.


Is there any way to get your name off of a loan if you cosigned for a car loan while you were married and then you got divorced?

The loan has to be "secured" by someone with good credit. Call the lender for their loan qualifications.


What do you call a loan tis obtained by the consumer who keeps the entire amount of the loan for a specific period of time and pays back the loan amount plus interests at the end of the loan period?

term loan:)


When someone does not pay back a loan they can be?

Broke, sued, socially ostracized, deceased.


What does it mean to loan money to someone?

To loan money to someone means to give your own money to someone else for a period of time. Then, the receiver will eventually pay the lender back the money (usually with interest).


What should you do if someone else has taken out a loan in your name?

You should call the police and let them know.


What is a loan pony?

a loan pony is a pony that a loaner or leaser uses as their own but is owned by someone else, and they can have the pony back at any time


You have no bank account and you need a loan?

there is always a reason why someone does not have a bank account, so if someone needs to loan money their only option is to go to a friend or family. This will be difficult unless the borrower has a job and is able to pay back the loan.


What does it mean if someone defaults on a loan?

When someone defaults on a loan, it is when you borrow money from a bank and you say that you are going to pay it back, but you do not, therefore stealing their money. This can wreck your credit score and get you in deep trouble.


Can a co-signer call call the loan company to reposed your car?

yes they can call and take such action with the loan company that the loan company can then decide to take your car or call in the loan for full payment


If your car was repossessed and you paid the loan off do you get the title?

If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.