What Goes On If You Default On The Loan?
What Goes On If You Default On The Loan? Repaying Your Loan As soon as you distribute that loan application and now we issue a check, you will be in charge of repaying the mortgage. You can not get back a check that is uncashed while the loan charge is nonrefundable. People must repay loans through payroll deductions. You choose a payment rate, and we work with your employer to deduct that amount from your checks when you apply. If you decide to...