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Personal loan
The risk of collecting a loan
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[QUOTE="uptrendfinancialsignal, post: 265828, member: 78381"] There is absolutely no way you can escape risk. The way to manage the risk is what matters and that is what you must learn to do because if you are receiving loan or you are into business, risk is always attached. This is why risk management is a very important knowledge to process any time any day, it is going to help you in a great way to avert a lot of dangers in whatever you find yourself doing. I understand that there is a lot of risk in loan taking but you should also try as much as possible to minimise the risk or possibly boycott it if you have the knowledge to do so, because if you cannot manage risk, it will portend great danger in the future . Another important aspect that I would like to point out is that whenever you are taking loan, you should take loan that you can afford to pay back because taking loan that will be the very difficult for you to make repayment would result in a very big risk because the interest will keep accumulating if you cannot pay on time and it will develop into a very big problem that you will not be able to handle. [/QUOTE]
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