what does it mean to do a short payment ? Is it :to pay before the date requested ? Or not enough ? Or what ?
Sep 27, 2008 9:12 PM
Answers · 1
Hi Lisa I believe a short payment is an arrangement that is made with a creditor to pay back a debt in reduced amounts. Sometimes a creditor might agree to recover most of a debt in this way, rather than lose all of it through non-payment of installments.
September 27, 2008
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