I've broken a lot of bones around here... But as far as the real consequences go, here they are.

1. You have to pay an extra 10% of principal and interest back as soon as you go into default.
2. The person you own the loan to can debt collect at any time and take whatever points are in your account.
3. You have to pay an extra 15 pts for Carbon coupons that goes towards repaying the debt.
4. You are not eligible for any of the promos such as grinder, b2b, etc.
5. You might get negative feedback which means you will probably get higher interest if you try and take out another loan, and people will be less likely to trade with you.