Cryptocurrency Q&A Can you lose the asset if you fail to repay the loan?

Can you lose the asset if you fail to repay the loan?

CryptoEnthusiast CryptoEnthusiast Tue Oct 15 2024 | 6 answers 1417
I'm worried about the consequences of not being able to repay my loan. Specifically, I want to know if there's a risk of losing my asset, such as my home or car, if I default on the loan. Can you lose the asset if you fail to repay the loan?

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