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Are Doubtful loans and Non-Performing loans synonyms?

In: Loans, Money Management [Edit categories]

Answer:

No, they are not. A doubtful loan is due by somebody going through temporary difficulties, that are likely to be overcome. A non performing loan is lost.

First answer by ID1325448391. Last edit by ID1325448391. Question popularity: 1 [recommend question].

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Relevant answers:

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