What happens if a lender charges a rate beyond what is legally allowed and the borrower does not pay?

What is the term used when a borrower does not pay back their loan?

What is meant by the term 'Portfolio'?

How is interest on a loan shown on the financial statements?

What does the term 'Foreclosure' denote?

What is the debt that must be repaid before a subordinated debt receives any payment in the event of default called?

What is a written document that transfers the title to personal property callled?

How does a long term loan received in cash affect a firm's quick ratio?

When does a mortgage payer have to pay a late payment penalty?

What is meant by the term 'Assumption'?

What is 'Equity'?