You will pay extra charges (like bank overdraft fees) and interest rates on top of what you initially borrowed.
Debt collectors are companies that help collect money for other consumers or businesses. They will call you and send you letters.
Many lenders will seize you in court and take whatever they can get, including your car or house.
– Your credit score will be damaged; – You will be threatened with arrest; – It will be hard to build further financial security.