What could be a good option available to you if you are behind on loan payments?

1 answer:

5 0

A good option available to you as a financial expert is to request a part payment from the customer while the remaining part is to be made on the next pay day.

For a good financial management, the best decision to make profit or avoid loss is paramount.

The most difficult challenge faced today by loan companies is the non complaisance of the customers to pay back when the period given expires.

The best option that may be available for the loan manager must be a request for the customer to pay part of the loan and complete the payment in the next pay day.

Thus, a good option available to you as a financial expert is to request a part payment from the customer while the remaining part is to be made on the next pay day.

Learn more about options for loan payment here: brainly.com/question/12233464

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