18/11/2024
What is mean by
LOAN .... ?
Loan full form is
L - Liability
O - Obligation
A - Assets
N - Null
Means
Liability & Obligation until Assets become null.....
if you are taking loan, lender may sell your all assets to recover his money whether you mortgage or not.
this process may happens until your all assets is not sold....
Se be cautious while signing any loan agreement.....