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WELCOME BACK TO RC CREATIONS BADRI The Consequences of Not Paying EMIs on Time: Understanding the Implications and Solutions In today’s world, many individuals rely on loans and credit to meet their personal or business needs. From buying a house or car to funding education or starting a business, loans se rve as a useful financial tool. However, loans come with a responsibility—the timely repayment of EMIs (Equated Monthly Installments). Failing to pay EMIs on time can have serious consequences, both financially and legally. This article explores the reasons people face difficulties...