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In a few really unusual cases, where we can not come to a plan for settlement with either debtor or guarantor, as a last resource we might either pass a financial obligation onto a specialist debt collection agency or ask a court to determine the most effective way to take care of it.

 

Late settlements or missed repayments maybe reported to the credit score referral firms, which might affect your debt score as well as can make acquiring a loan in the future extra difficult as well as costly.

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