Absolutely it is a liability
I agree with the comments above. Every person who borrows money must bear responsibility. Yes, I understand that there are different things in life. Many people are unable to fulfill their obligations and pay off the loan, so now there is such a service as an installment payment for a loan. When I took payday loans in California (CA) https://maybeloan.com/payday-loans/ca then I also took care of it and found out all the possible information on deferral of the loan, because we live in a difficult time. The most important thing right now is to survive. The coronavirus pandemic has made its own adjustments to everyone's life.
Repayment of a loan