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What can happen if you default on a loan 2024?
Questioner：Sophia Lee 2023-06-13 10:01:20
The most authoritative answer in 2024
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Lucas Baker——Works at Microsoft, Lives in Redmond, WA
What Happens with Unsecured Loans? If you didn't put up any collateral for the loan, it is considered unsecured. If you're behind on payments, the lender may begin adding fees and increasing the interest rate. If the lender considers a debt in default, the loan may be turned over to a collection agency.May 28, 2015read more >>+119962023-06-15 10:01:20
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