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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)

Shrinivas Bhalerao

Stealth • 8m

Yes, but also if company recover money through agent they face an losses by acquiring cost of an recovery agent.

1 replies2 likes
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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)

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