A gold loan is an expensive & most secured loan that is offered by the financial institutions so that the borrowers can meet the immediate financial requirements of the customers. In return for the investment, the borrowers are supposed to give collaterals in the form of gold. The gold will be given back to the individual once the loan has been repaid with interest. Also, … [Read more...] about What Happens When A Borrower Fails To Pay A Gold Loan?