ContractReschedule Agreement • January 3rd, 2014
Contract Type FiledJanuary 3rd, 2014A reschedule provides borrowers with an opportunity to make alternative payment arrangements. It is a verbal agreement in which the borrower is able to determine the amount he or she will pay and the length of the payment agreement. The full regular payment will continue to accrue on the account during a reschedule, but the borrower will be billed for the amount determined when setting up the reschedule.