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Personal loan
When the collateral is forfeited due to non-payment of loan
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[QUOTE="sincerem, post: 116398, member: 25228"] That's why i wouldn't involve myself in a deal that has to do with loan borrowing from the mortgages or money lending organization. The penalty is high when i fail to meet up deadline. I just prefer to manage whatever i have, work hard in life to never engage in loan borrowing from any one or in the mortgages. [/QUOTE]
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When the collateral is forfeited due to non-payment of loan
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