Debt Rescheduling

Debt rescheduling is the lengthening of the time of debt repayment and forgiving, or dismissing, part of the loan for a date.

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Famous quotes containing the word debt:

    “They who have been bred in the school of politics fail now and always to face the facts. Their measures are half measures and makeshifts merely. They put off the day of settlement, and meanwhile the debt accumulates.”
    —Henry David Thoreau (1817–1862)