Question

what are your responsibilities as a borrower?
1.
2.
3.
4.
5.

Explanation:

As a borrower, typical responsibilities include: 1. Repaying the loan amount on time with interest (if applicable) to fulfill the financial obligation. 2. Keeping the lender informed about any changes in financial situation or contact details. 3. Using the borrowed funds for the intended purpose (if specified by the lender). 4. Maintaining accurate records of loan transactions and communications with the lender. 5. Complying with the terms and conditions of the loan agreement, such as any restrictions or requirements set by the lender.

Answer:

1. Repay the loan (including interest, if applicable) on time.
2. Keep the lender updated on relevant personal/financial changes.
3. Use borrowed funds for the intended purpose (if required).
4. Maintain accurate records of loan - related transactions.
5. Comply with all terms of the loan agreement.