What happens if a Consumer Durable Loan is not paid?

What happens if a Consumer Durable Loan is not paid? - TVS Credit

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TVS Credit
10 August, 2023

If the borrower stops repaying the consumer durable loan amount, then their account goes into default. This may increase the penalties, interest charges, and more. Your CIBIL score will also be affected negatively.

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What happens if a Consumer Durable Loan is not paid?

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