If you do not pay back any of the loan amount for a portion of the loan period but are not defaulting in the loan, you have a(n):

Understand the Problem

The question is asking about a situation in which a loan amount is not repaid for part of the loan period without being considered in default. It seeks to identify which type of loan might apply to that scenario from the provided options.

More Information

A deferred payment loan allows the borrower to pause payments for a certain period without being in default, but interest continues to accrue during this time.

Tips

A common mistake is confusing a deferred payment loan with a grace period. While both allow delayed payments, a grace period usually doesn't accrue interest.

Sources

• The web page with info on - Example Source - brainly.com