Economy, asked by abhimathur059, 7 months ago

What will happen if the peason is unable to pay the loan
with the Specified period ?

Answers

Answered by sapnakumawat07

4

Answer:

What will happen if the peason is unable to pay the loan with the Specified period ?

Answer.....

Inability to repay a loan for a prolonged period leads to the deterioration of the relationship between the borrower and the lender. This is usually a bank or a Non-banking Financial Company (NBFC). Such a situation needs active management. You must understand what consequences loan defaults will have.

hope it is helpful to you....

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Answered by Ashishyadavharyana

0

Answer:

love you sapna really I lv u

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