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Education loan defaulter

I took education loan from private start up which is below ₹4 lakhs, if I don't pay my EMI what are the consequences? Please help.

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Advocate By LEAD INDIA Answered: 17 Sep 2022

Hello sir,

If you dont pay emi on time and miss it paying then the credit score of yours will decline and also the extra charges will also be added and you have to pay such dues.

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