Zombie debtor refers to someone who is unable to pay off the capital of the loan, and whose repayments2 only service the interest charge.
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Prev: Earlier this month, the government changed some of the rules about how mortgage defaulters' debt is calculated, and how much banks can deduct from debtors paychecks.
Next: Octa was sent to an interrogation room used to question debtors, where he was beset by three third-party collectors: Arif Lukman, Henry Waslington, and Donal Harris.