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How To Avoid Term Default

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Manage episode 361359736 series 2930559
Content provided by Frank Rolfe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frank Rolfe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

“Term default” is what happens when your loan comes due and you are unable to find a replacement borrowing option. It was a common problem in the Great Recession in 2008, and that was mostly because borrowers used poor judgement and little caution in their approach to loan renewals and it caught up with them. In this Self-Storage University podcast we’re going to review the loan process and how to best attack a pending loan renewal.

  continue reading

109 episodes

Artwork
iconShare
 
Manage episode 361359736 series 2930559
Content provided by Frank Rolfe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frank Rolfe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

“Term default” is what happens when your loan comes due and you are unable to find a replacement borrowing option. It was a common problem in the Great Recession in 2008, and that was mostly because borrowers used poor judgement and little caution in their approach to loan renewals and it caught up with them. In this Self-Storage University podcast we’re going to review the loan process and how to best attack a pending loan renewal.

  continue reading

109 episodes

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