Will rewards be paid with interest? I wonder what ... @officialjustlend

Asked 1045 days ago
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Will rewards be paid with interest? I wonder what would happen if someone is late collateralizing their loan.

asked 1045 days ago

1 Answers

Answer2: Rewards for loans are typically paid without interest, although some lenders may offer interest-bearing rewards. If someone is late in collateralizing their loan, they may incur late fees or other penalties. Depending on the terms of the loan, the lender may also have the right to take legal action to recover the collateral or the loan amount. In any case, it is important to keep up with loan payments and collateralize the loan on time to avoid any potential issues.
answered 1045 days ago
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Ha ha😂 on point.
answered 1045 days ago

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