Just exactly exactly What should happen utilizing the last loan is that you need to have only to settle the total amount you borrowed less any payments you get to that particular loan. A few examples
Example 1 вЂ“ you’ve got currently compensated a great deal to the loan that is defaulted
You ought to be finding a reimbursement of ВЈ700 in the earlier in the day loans. The loan that is last for ВЈ250, you have got currently compensated ВЈ280 and there’s nevertheless a stability of ВЈ90.
Than you borrowed on the last loan, it should be written off and the extra ВЈ30 you have paid to it is added to your refund as you have already paid more. Therefore the loan that is last cleaned and you obtain a reimbursement of ВЈ730.
Example 2 вЂ“ you have actuallynвЂ™t completely paid back the loan that is last
You ought to be finding a reimbursement of ВЈ700 regarding the earlier in the day loans plus the loan that is last for ВЈ250, but right right here you’ve got just paid back ВЈ100 plus the stability is ВЈ290. Read More