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1 May, 22:03

What might happen if a lender gives you more credit than you are able to repay?

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  1. 1 May, 22:23
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    Answer: Some people might knowingly default on loans when they're unable or unwilling to make payments. Others may unintentionally default because they don't realize they owe the money. Sometimes people don't receive late-payment notices, because they recently moved or changed their contact information.
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