Hi all,
I was just chatting with a co-woprker recently and he threw this curve ball at me.
He is a foreign national (say from Asia) who has permanent residency (something like green card) in my country. He has excellent credit rating etc, several mortgages and was never rejected for loan.
He is planning to retire soon. He was thinking of cashing in all his assets and max out his loan. Then he is going to disappear and retire back in his home country. He said personal loan is a "private" business between him and the bank so UK will never issue a warrant for his arrest.
I just think there is a loop hole in his plan but could not find one?
Submitted January 11, 2017 at 04:08AM by londonquietman http://ift.tt/2iEA4s2