I cant compensated my personal loan to the sandbank,what they can do to me?

Answers: If you can't make a payment for a single month or even a couple of months, ring them and explain it and see what they can do for you. If you don't go over 90 days past due, they probably won't charge the debt past its sell-by date. Once you're back on your feet, bring back caught up and go on near your life. Your credit rating will take a hit for a couple years, but it beat the 10 years a judgment will be reported.

If you are going to stop paying it all together, they will non-attendance the loan, probably sue you and then get a wage assignment writ. Every employer you have until the loan is paid rotten will receive a court order to withhold a percentage of your earnings for repayment of the debt.

You're going to repay the loan someway. It's best to pay it according to your contract terms and store your credit rating than than if you go into default, ending up with a collection and then ruling on your credit file.

It can go against your credit. I would call them and work out a stipend plan. They CAN help you...If you can pay only just a lil' bit its better than nothing and it wont hurt your credit. trust me I messed up my credit bad its not fun! Sue you for the unpaid balance and garnish your wages.

If you are have problems paying the loan, please call the bank and parley to them. See what can be worked out so the loan doesnt go into default and they hold you to court.

Can ruin your credit, take you to court for a result and garnish your wages if successful. Speak with them explain your predicament possibly you can attain a forbearance in which you just craft a penalty, or interest payment and own the loan extended for a few months, this keeps your credit rating in tact, and give you some time to get your affairs in lay down. Most times if you have been in good time and good with your sketch it is no problem.
More question :