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recession impact loan
11Man worried over unpaid loan due to recession, holding head in frustration beside documents marked "LOAN", with falling graph and justice scale icon in background
Introduction The economic aftershocks of a recession can severely impact personal finances. Many borrowers across India—especially salaried employees, freelancers, and small business owners—are unable to repay personal loans, business loans, or EMIs taken before the downturn. If you’re one of them, don’t panic or fall prey to harassment by NBFC recovery agents. This article will...
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