Fraud Loan holder

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Fraud Loan holder Upload Fraud people information to help people or society. Terms and condition is only upload true i

10/09/2021
28/06/2020

When a loan defaults, it is sent to a debt collection agency whose job is to contact the borrower and receive the unpaid funds. Defaulting will drastically reduce your credit score, impact your ability to receive future credit, and can lead to the seizure of personal property

Right to adequate notice
The borrower's account is classified as a non-performing asset (NPA) if the repayment is overdue by 90 days. In such cases, the lender has to first issue a 60-day notice to the defaulter. “If the borrower fails to repay within the notice period, the bank can go ahead with sale of assets

23/06/2020

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