mulasztás mentes hitel

English translation: loan without default

15:55 May 26, 2016
Hungarian to English translations [PRO]
Bus/Financial - Finance (general)
Hungarian term or phrase: mulasztás mentes hitel
Az előző kérdéseimhez kapcsolódik ez is, a pontos szöveg: "Az ügyfél nem nyilatkozott a mulasztás mentes hitelszerződés adata(i)val kapcsolatban, így azok nem kerülnek átvételre más Referenciaadat-szolgáltató által."
VBA
Hungary
Local time: 23:21
English translation:loan without default
Explanation:
Default is the failure to promptly pay interest or principal when due. Default occurs when a debtor is unable to meet the legal obligation of debt repayment. Borrowers may default when they are unable to make the required payment or are unwilling to honor the debt.

http://www.investopedia.com/terms/d/default2.asp

Client must have repaid the previous loan without default.
http://www.myc4.com/Invest/Providers/View/40291/Products/389

The point of the modification agreement is that the borrower can repay the loan without default, and the lender or the bank avoids the hassle of taking legal action.
http://www.warreninfinance.com/9229/getting-the-most-advanta...

Here, there is advantage for students working in public sector as they are entitled to loan forgiveness after paying the loan without default for 10-years.
https://studentdebtcenter.wordpress.com/
Selected response from:

András Veszelka
Hungary
Local time: 23:21
Grading comment
Köszönöm
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2loan without default
András Veszelka


  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
loan without default


Explanation:
Default is the failure to promptly pay interest or principal when due. Default occurs when a debtor is unable to meet the legal obligation of debt repayment. Borrowers may default when they are unable to make the required payment or are unwilling to honor the debt.

http://www.investopedia.com/terms/d/default2.asp

Client must have repaid the previous loan without default.
http://www.myc4.com/Invest/Providers/View/40291/Products/389

The point of the modification agreement is that the borrower can repay the loan without default, and the lender or the bank avoids the hassle of taking legal action.
http://www.warreninfinance.com/9229/getting-the-most-advanta...

Here, there is advantage for students working in public sector as they are entitled to loan forgiveness after paying the loan without default for 10-years.
https://studentdebtcenter.wordpress.com/


András Veszelka
Hungary
Local time: 23:21
Specializes in field
Native speaker of: Native in HungarianHungarian
PRO pts in category: 20
Grading comment
Köszönöm

Peer comments on this answer (and responses from the answerer)
agree  Erzsébet Czopyk
12 hrs
  -> Köszönöm a megerősítést. :-)

agree  Iosif JUHASZ
1 day 2 hrs
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