bad debtor
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- A person is looked upon as a bad debtor if he had faced the problem of arrears, defaults, County Court Judgments or bankruptcy.
- Any bad debtor from Guangdong who tries to leave China from other cities, such as Shanghai or Beijing, will find their way blocked there also because monitored names will be shared by police nationwide.
- A bad debtor is considered a high risk borrower and as such the finance companies will work out special terms when assigning loans to such applicants.
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