Personal loan after death: Who pays, who doesn’t, and what banks won’t tell you
On the borrower’s death, the bank asks the co-applicant or guarantor to pay, or recovers the personal loan amount from the deceased person’s estate.
On the borrower’s death, the bank asks the co-applicant or guarantor to pay, or recovers the personal loan amount from the deceased person’s estate.
What's Your Reaction?
Economist Admin
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
