2,709 ViewsUnforeseen circumstances can be such that you can no longer settle and cope with your monthly loan payments: loss of a job, death, illness, etc. According to the BNB, in June 2017, 545,399 people (representing a decrease of 0.8% compared to June 2016) posted a non-payment on their loans. This non-payment, also called bad credit, can lead to a major default and serious consequences. And you are entitled to ask yourself “What happens if…
"4 consequences of non-payment of a loan"Category: Loan
1,246 ViewsA personal loan is a quick solution to all last-minute expenses and emergencies. It helps you deal with your financial instability during a time of need. With minimal documentation and no collateral feature, it has become a must-have for every individual. It is open to both salaried and self-employed individuals and one can easily consider a Clix capital personal loan as the right source of funds. However, when you avail of a personal loan…
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