good if you were able to catch the deadline for the loan condonation.
this is to remind those who availed that defaulting on the loan for 2 months has its consequences, 2 of them major:
1. your entire loan becomes due and demandable
2. permanent suspension of your loan privileges
there are other consequences - but these 2 are rather tough
so DO NOT default on your monthly amortization. you do not want to lose your member loan privileges.
this is also to remind you that if you are a registered online member, the Statement of Account that you will see does not accurately reflect that the loan is already due and demandable right after 2 months non-payment
comment if you have questions
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