02 February 2010
What to Verify if in one Quarter term Loan shown in Secured Loan and in next Quarter it shown in Unsecured term loan from Bank... please tell me what the reason to convert from Secured to Unsecured?????
02 February 2010
Loan is secured against some asset that is checked in the loan papers. If the loan become unsecured then it means security against the loan has ended and new loan papers has drafted for the same.
You can check its renewal papers for its verification
02 February 2010
Loan is secured against some asset that is checked in the loan papers. If the loan become unsecured then it means security against the loan has ended and new loan papers has drafted for the same.
You can check its renewal papers for its verification
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