It’s easy to handle, but you can’t refuse to repay the loan.

If the applicant has a stable job, a high income, and a good credit record, the bank can apply for a personal credit loan. If you cannot repay the loan, you must raise funds from various sources. Communicate more with the lender but don't refuse to repay. It will have a very negative impact on all aspects of life, including food, clothing, housing and transportation, so it is best not to owe money.

Loan means that banks, credit unions and other institutions lend money to units or individuals who use the money, and generally stipulate interest and repayment dates.