Well. he probably would be barred to get loans again in any bank in the world to the extent of credit cards as well as his credit profile would be listed.
where all banks screen check once an individual applies for a loan or any similar product.
It depends on the bank which he took the loan. probably they may hand over the issue to a debt collecting agency and which would definitely have branches/agencies all around the world and most likely than not they would haunt him anywhere HOW still remains a question.
Considering the amount it may not look that serious again it DEPENDS on the bank how they would take in serios looking at the economic situation . I dnt think any one would let a rogue lender just to leave like that.
Well. he probably would be barred to get loans again in any bank in the world to the extent of credit cards as well as his credit profile would be listed.
where all banks screen check once an individual applies for a loan or any similar product.
It depends on the bank which he took the loan. probably they may hand over the issue to a debt collecting agency and which would definitely have branches/agencies all around the world and most likely than not they would haunt him anywhere HOW still remains a question.
Considering the amount it may not look that serious again it DEPENDS on the bank how they would take in serios looking at the economic situation . I dnt think any one would let a rogue lender just to leave like that.