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Shrinivas Bhalerao

Stealth • 7m

How do Instan loan provider company/app recover their losses they have got from loan defaulters, and how they recover the money form the person who don't pay back the loan.(Does someone have suggestion to how to recover the loan)

Anonymous

Anonymous 1

Stealth • 7m

Actually they don’t have much they can do. Their hands are tied. Brands like simpl and slice, they can’t legally do anything. To recover it, all they can do is like call the person or at Max go to their home. Nothing after that. They have high rates of defaults which they mark as “Loss”

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