[TheCondor]

You certainly can quantify the monetary losses to Alice too. When her credit rating is shit and she buys a car or home, the banks are expert at placing those rates and can tell you exactly how much more she pays. What is more difficult is calculating the loss of what she doesn't even do due to bad credit, like she might not be able to rent the same apartment, she might not even try to buy a car.

She may not have to pay that bank loan back but that doesn't clear her credit up immediately.