As we know online loans everything is taken care on the internet, and so it may come a time that you filled all your deteils there including
Your National IDs, Passport , Driver lincese and phone number.
So what do you think will happen when you will fail to repay your online loan ?
The answer to this question is simple , as i have also tried to explain in one of my article some of the effects , such as :-
i. Being denied for the next loan
ii. You wont be able to apply loans to other companies.
iii. You wont benefit from promotions and loans services for a certain period of time on the company you applied your loan.
Example below
But what exactly will happen if you ignore totallyto repay your online loans.
1.First you will be reported the National Credit Authority, and it will deal with you !
2. They will make sure that they try to remind you via sms even if you unistall your application they will use your phone number to track you !
3. You will be sent to court ! Being failed to repay all your debts online.
However this is rarely
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