Loan compulsion is what we call forced landing. The borrower is unable to repay the loan and uses special means such as denial to get rid of the loan and give up repayment. But after this, the borrower will still continue to receive collections from the lender, which will have a great impact on his life. Some lending institutions will report bad records to credit bureaus, Sesame Credit, etc., which will affect personal credit, and some loans will even take borrowers to court.

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