Just like money in general Debt is not always a bad thing, it only become bad if you are not using it properly. You are taking news from Indonesia and the people mentioned in those news were taking loan from Illegal finance service company. People preferred illegal loan because it lacks background check, but behind those easy loan the interest is brutal.
In my opinion the correct to take a loan, is to deposit money regularly every months into back account, then applied for credit card, there are a lot of credit card that offer 0% interest, just small service fee and processing fee. If someone doesn't even have money to be deposited in the bank, then I don't think they should buy anything the can't afford.
Topic: Bad impact when You carry out Online or Offline Loans on an ongoing basis - page 10. (Read 1116 times)
June 30, 2023, 07:54:16 PM
June 30, 2023, 07:07:41 PM
Try as much as possible to avoid loans most especially personal loans unless the interest is at 0%, which is impossible to get to this day.
So at that to become financially stable, try as much as possible to avoid taking loans, loans also have their implications and for that, anyone getting involved in loans is also getting into indebtedness.
So at that to become financially stable, try as much as possible to avoid taking loans, loans also have their implications and for that, anyone getting involved in loans is also getting into indebtedness.
June 30, 2023, 06:51:56 PM
maybe many people are taking loans online or offline for various urgent reasons, but keep in mind that the habit of making loans will only get you entangled with what is called eternal debt and the possibility of getting addicted to making loans online or offline
I live in a city where the rate of people making loans is quite high until yesterday I heard of a neighbor who was fighting with a debt collector because he was unable to pay but the debt collector belittled the borrower who was unable to pay
- 23-yr old techie dies by suicide due to alleged harassment by online loan recovery agents
There have been many articles written about the bad effects of making online or offline loans what happened in my country that have high interest;
- In Indonesia, ‘pay later’ services leave some drowning in debt
- Under presidential order, Indonesia is at war with online loan sharks
in several articles, there are other options that can be done to avoid what are called online or offline loans that have high interest,
- 8 Ways to Help Family Members in Financial Trouble
- How To Get Out of Debt
you can try to do that from now on before it's too late
I live in a city where the rate of people making loans is quite high until yesterday I heard of a neighbor who was fighting with a debt collector because he was unable to pay but the debt collector belittled the borrower who was unable to pay
- 23-yr old techie dies by suicide due to alleged harassment by online loan recovery agents
There have been many articles written about the bad effects of making online or offline loans what happened in my country that have high interest;
- In Indonesia, ‘pay later’ services leave some drowning in debt
- Under presidential order, Indonesia is at war with online loan sharks
in several articles, there are other options that can be done to avoid what are called online or offline loans that have high interest,
- 8 Ways to Help Family Members in Financial Trouble
- How To Get Out of Debt
you can try to do that from now on before it's too late
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