loan waiver vs loan writeoff |கடன் தள்ளுபடி Vs கடன் எழுதுதல்| Difference loan waiver& loan writeoff
Channel: Tech Rkan
Date: 2020-04-29

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What is the difference between a loan waiver and a write-off?

Loan write off vs loan waiver
Although bad loans are written off, borrowers of such loans remain liable for repayment. Recovery of such accounts, however, happens on an ongoing basis under the legal mechanism. On the other hand, a loan waiver is the cancellation of recovery or refraining from claiming the dues
Loan waiver is quite different from writing off a loan 





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