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Defaulting on an unsecured loan may end up in extreme legal and financial repercussions. While lenders cannot seize your assets immediately, they can take you to court, leading to judgments for wage garnishment or checking account levies. Such authorized actions can compound monetary difficulties, making it important to speak with lenders on the first signal of repayment hassle. Many lenders supply hardship programs or restructuring options to keep away from legal escalati

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