Which of the following is an obligation of creditors in the debtor-creditor relationship?
A. To communicate when payment can't be met
B. To pay the loan in full and on time
C. To disclose hidden fees and charges
D. To make threats to collect payment

Answers

Answer 1

Answer: A. To communicate when payment can't be met.

Explanation: The creditor has the right to collect payment on amounts that are due. If the debtor defaults on the debt then the creditor has several options: Attempt to collect the debt from the debtor. Attempt to collect collateral from the debtor or guarantor.


Related Questions

1. Drivers should never buy more than the minimum amount of insurance coverage.
true
false

Answers

false. more would be more helpful. there is a minimum amount but to go over it would be positive.

PLEASE HURRY
Why did the Anti-Federalists urge the addition of a bill of rights to the Constitution?
O to check the power of state governments
to lower the costs of government
O to protect individual liberties
O to abolish slavery

Answers

Answer:

To protect individual liberties

Explanation:

Which of the following is the name of an international governmental office established in another country?

Select one:
A. embassy
B. diplomat
C. cabinet

Answers

It’s most likely gonna be B. Diplomat

brainliest for brainliest anyone down for trade u make the question

Answers

Whats 5 x 5?


Brainliest?
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