More specifically, when someone takes out the highest loan amount from the bank that they can & then flees the country in order to not pay it back, what exactly happens in such cases?
In: Other
Nothing happens; international students in American universities do it all the time. Some countries even have laws limiting “foreign” collection attempts.
Nevertheless, and the legality aside, it’s a personal decision whether you want to live with that.
Edit: just because it’s easy to cheat, doesn’t mean you should. Most times the punishment comes from within.
Latest Answers