So, you should be careful dealing with banks, they are shrewd and without mercy. Our banks are the most unprofessional banks compared to normal banking and it is all santioned by our Central Bank that do not stay neutral. They support the local banks more rather than holding them in line. Look at our insurance companies, they are the same. Look at also our private hospitals. Spend wisely and think hard before defaulting. Better still don't take the loan! My life is turned upside down for the past decade but going along well. People just need to adapt. You know, it's ironic that people who loaned millions are never taken to task but those who owes 20K or 30K  are always left in the gutters.