Reasons Why You Become A Bad Debtor

A bad debtor is a person who does not pay his loans as required or as agreed between him and his creditor. Most people get their loans from established financial institutions while others go to back street lawn sharks and pay for such poor decisions. Granted that sometimes it is out of not fault of their own, but some people have found themselves on the wrong side of their creditors and paid dearly, pun not intended.

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