Category Archives: Short Term Payday Loans

What are the results if I default on an unsecured loan?

What are the results if I default on an unsecured loan? The lender can add fees or penalties to the total amount owed, and take legal action to recover their debt if you default on an unsecured loan. Fundamentally, the mortgage could be bought out by an assortment agency, that will pursue you for the…
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