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Company Loan Type APR Est. Pmt.

loan default status

Posted on: 11th Jul, 2009 05:33 pm
I just received a letter stating my loan is now in default status and breach of my contractual obligatioms, and that a suitable payment plan is not in place. i lagged behind in 2009, , b ut caught up till I can get to pay by 1st of month. I am paying basically by 15th or frequently by 30th of current month.
Hi aw,

You'll have to contact your lender and discuss your options with him. He will be right person to let you know whether or not you'll be able to pay on the 1st of the month.
Posted on: 11th Jul, 2009 10:14 pm
you can discuss with them & ask some time. if you are making payment in the way narrated by you, they may be considering that you are behind by one month.
Posted on: 12th Jul, 2009 06:36 am
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