It occurs when you borrow money for some personal expenses and is unable to pay the amount back to the creditors on time. After the settlement, there is a structuring with the payments to be made. Home equity or personal loans have much lower rates than credit cards.
It occurs when you borrow money for some personal expenses and is unable to pay the amount back to the creditors on time. After the settlement, there is a structuring with the payments to be made. Home equity or personal loans have much lower rates than credit cards.
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