Question

What will happen if the person is unable to pay the lean
with the specified period ?​

Answer 1

Answer:

we can't sorry i can't solve this question

Answer 2

ANSWER:-

• Many of us have taken loans to finance some of life’s major events: buying the family car, becoming homeowners, marrying off a family member, or paying for a medical emergency.

• Taking a loan helps us circumvent our lack of large sums of liquid cash. And, we pay back the loan with interest, in EMIs.

• Sometimes, because of circumstances beyond our control, we are unable to repay our loans in a timely manner.

• Inability to repay a loan for a prolonged period leads to the deterioration of the relationship between the borrower and the lender.

@Sarunya Reddy ⚡⚡