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What is one request a borrower can make of a lender in order to get debt relief?

a. the borrower can ask for a loan to be transferred
b. the borrower can ask for the terms of the loan to be rewritten
c. the borrower can ask to have debt shifted to a credit card
d. the borrower can ask to pay the loan off early

1 Answer

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Answer:

b. the borrower can ask for the terms of the loan to be rewritten

Step-by-step explanation:

When seeking debt relief, one request a borrower can make of a lender is to have the terms of the loan rewritten.

This involves renegotiating the terms and conditions of the loan, such as adjusting the interest rate, extending the repayment period, or modifying the monthly payment amount.

By doing so, the borrower aims to make the loan more manageable and alleviate their financial burden.

Hope this helps!

User Victorp
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