Rescheduled Loan

Rescheduled Loan

A loan made to a borrower where the lender has extended the repayment period. Rescheduled loans are most common when the borrower informs the lender that he/she will be unable to repay the loan in time, or when the borrower cannot afford payments. Because a default would hurt both the borrower and the lender, the lender often works with the borrower through options, such as rescheduling the repayment.
References in periodicals archive ?
The rescheduled loan ratio remained unchanged at nearly 0%.
We also rescheduled loan closings to other branches and if possible, used DocuSign to have documents signed electronically for loan closings.
02% and the rescheduled loan ratio remained unchanged at nearly 0%.
The mortgage delinquency ratio and the rescheduled loan ratio remained unchanged at 0.
The stock of restructured and rescheduled loans is somewhat high, but that is a function of the Bank's being pro-active in assisting viable customers during difficult times.
The overall rescheduled loans in the banking system declined by 15 per cent last year.
Despite this expected stabilization, Moody's also notes that elevated single-party and industry concentrations, in conjunction with opacity regarding the level of restructured and rescheduled loans, continue to remain key downside risks for system asset quality.
Despite this expected stabilisation, Moody's also noted that elevated single-party and industry concentrations, in conjunction with opacity regarding the level of restructured and rescheduled loans, continue to remain key downside risks for system asset quality.
Article 4 of the draft proposal stipulates that repayment of rescheduled loans should not surpass 40 percent of a defaulter's monthly income or 30 percent of a retiree's.
The fact that the credit indicator remains above the threshold is primarily associated with the loan rescheduling process taking place, as the rescheduled loans are treated as new flows, rather than provision of new credit," it said.
Banks will extend the best possible terms for rescheduled loans to improve the economic viability of the discoms.
And I understand that some of the money they agreed to let out of their grasp were not new loans as they would be interpreted commonly, but rescheduled loans and the like.