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filling forms out (default on payments)
wishitwaseasy
Posts: 1 Newbie
in Loans
help!
I'm filling a form out for a new employer and one of the questions is:
Have you ever defaulted on a loan payment?
What does this mean? if i've missed a payment? if i've made an agreement with my loan company to pay X amount each month?
I don't know how it works.
I'm filling a form out for a new employer and one of the questions is:
Have you ever defaulted on a loan payment?
What does this mean? if i've missed a payment? if i've made an agreement with my loan company to pay X amount each month?
I don't know how it works.
0
Comments
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defaulted, means not kept to0
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Check your credit records. If there is a default on there you answer yes, if there isn't you answer no. Simply missing a few payments is not defaulting if a default notice was never issued.
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