scorecardresearch4 reasons why you must never default on your home loan

4 reasons why you must never default on your home loan

Updated: 11 Jun 2022, 09:38 AM IST
TL;DR.
Choosing the right home loan is easy. What follows is the struggle to repay the loan amount. Defaulting on home loans will only exacerbate your current financial situation.
Defaulting on a home loan may not only result in the bank forfeiting the property but will also decrease your credit score in the long run.

Defaulting on a home loan may not only result in the bank forfeiting the property but will also decrease your credit score in the long run.