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Microfinance now
When deciding to issue a microloan, it is better to think 10 times. If you are aware that a situation may arise when you understand that repaying a loan on time will be beyond your strength, find out in advance from the creditor company whether it provides a prolongation service. If so, then this is a good way to temporarily avoid problems with collection organizations #money .
Check out: https://bestonlineloans.lk/micro-credit-loans/
There are two reasons why microloans do not sue debtors, but use the services of collection companies:
costly and lengthy litigation;
low percentage of performance
MFIs will spend a lot of money on filing a lawsuit against the non-payer, but if he does not have official income for a debt of several thousand, the court will not take away his apartment, car, or any other values.
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