What happens if you default on a personal loan? Key financial and legal consequences explained | Mint

What happens if you default on a personal loan? Key financial and legal consequences explained | Mint

Source: Live Mint Personal loans have become an increasingly popular financial instrument. However, defaulting on a personal loan can result in severe consequences for borrowers. It’s imperative to understand the outcomes of failing to repay a personal loan for good personal finance practices. Below are some important points that should be kept in mind when…

Read More