What does it mean to be in default on a loan?(1 point)ResponsesYou’re rejected as a loan applicant.You’re rejected as a loan applicant.You’re at least 24 months behind on loan payments.You’re at least 24 months behind on loan payments.You’re unable to repay the loan.You’re unable to repay the loan.Your remaining loan payments are required immediately.Your remaining loan payments are required immediately.Your lender is no longer able to loan you money.
