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If someone has both a loan from and an account with Silicon Valley Bank, can they skip paying the difference of the amount they are compensated and their accoun
by havkom 4y ago
If someone has both a loan from and an account with Silicon Valley Bank, can they skip paying the difference of the amount they are compensated and their account balance towards the loan?
- kmod 4y agoIANAL but I think yes and no? I think you're still obligated to pay your loan payments, but there's also a concept of "netting" where in certain circumstances you are entitled to what you describe. Definitely don't take my word for it, just throwing this out there as maybe a starting point for more research.