Loans On Line

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Commercial Hard Money Loans Verses Business Lines Of Credit



IF I haven’t paid back bank loans (Credit Cards, Line of Credit, etc) for 6 years, do I have a police record?

I havent been in Canada in 6 years, left with lots of unpaid loans, Credit Cards, etc… Collector Agency tried to locate me but couldn’t as I was out of the country. So, I am trying to see if I have a police record, or what kind of trouble Im in (I was a messed up person 6 years ago… trying to get back on my feet)

I doubt you have a police record. You didnt steal any money, you were just at the time a “bad risk” and the banks made a poor investment in you. I would assume that you have a terrible credit rating and if you own anything in the US the banks may try to liquidate those assets of yours to pay off your debt, if they contact you. Good luck and I hope everything works out for you.

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