EPISODE · Apr 21, 2023 · 9 MIN
How To Avoid Term Default
from The Self Storage University Podcast · host Frank Rolfe
“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.
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How To Avoid Term Default
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