WHAT DOES THIS MEAN
2 Re: WHAT DOES THIS MEAN on Fri Jan 22, 2016 3:39 pm
Acceleration clauses, simply put, is a way for the lender to ask payment of the whole debt kapag di nakapagbayad yung nangutang for ilang months na, depending on the terms of the agreement. That stipulation you mentioned simply means that the lender still has the power to apply the acceleration clause even if di nya pa ginamit kahit na may grounds na sya to do so.
Permissions in this forum:
You cannot reply to topics in this forum