If you took a loan lately, there may come a due course of time where you may skip a loan repayment. There could be multiple reasons behind it.
Losing a job can turn life upside down. As the bank account dwindles, stress levels rise. Critical monthly payments fall due, including car loans, mortgage instalments, etc.
Falling behind on payments damages your credit score. If you still delay the payments, the additional charges or penalties make it further difficult. Here, lenders send your debt to collection firms.
The tech startup universe is both dazzling and daunting. Everywhere we look, there’s a story of a garage idea turning into a billion-dollar unicorn.