Online Loans

Kakashi2020

Active member
There are a lot of online loan companies mining Facebook and other Social Media Networks for would be victims. You can get approve in minutes and receive your loan in hours but the catch is the interest rate is so high. Also the penalties of delayed payment can double your loan amount in no time.

​​​​​Have you experienced getting a loan online?
 

Jelineex

Active member
I have no experience with online loan. I'm always careful on taking decisions on getting loans. I am particular with the nature and it's interest. I don't want any liability on the end. A lot of people just want to get a loan without thinking the possibility of risk.
 

jaymish2

New member
I have gotten an online loan before. It was easy I applied online I was approved and the money was in my account in 2 hours. I paid it within the end of the week. However I agree that the interest was very high and I would have been better off taking a bank loan or just going for an overdraft.Loan companies are predators and are looking for easy prey online, which comes in the form of those that are desperate. They make it so easy for you to borrow money even if you can't pay it and then they start harassing you and threatening you with legal action. The interest also starts to increase the more you delay with payment.
 

NerdIndeed

New member
Really? I mean I've never tried to get a loan online, but knowing that your approval is within minutes does make it more appealing, plus the fact that it is more convenient since you utterly do not have to leave your premises and submit all those documents required. Except for the higher interest rates that you mentioned of course.

Has anyone tried applying for a loan online? How was it? Like how high the interests are? I'm not being defensive or anything by saying I have no plans of getting a loan (just yet) but your answers will significantly serve this community. Peace out!
 
G

Guest

Guest
Getting these Payday loans online no credit check instant approval with us during an emergency situation is a better option if your credit score is very low.
 
G

Guest

Guest
I have no experience, but my friend had. he told me about instant loan approval and high interest. So, I drop the idea of taking a loan online.
 
yes i had an experience with online loans before three years. As you said they charge high rate of interests, the only advantage with online loans is they approve the loan quickly and some times we cannot trust them. So be careful while availing the loans online.
 

jamespeter

New member
Hi, this digital world getting a loan is easy an quick using online platform so make sure to get the quote from a right financial adviser who can connect with right authorized lenders for hassle-free transactions without any issues.
 

hunter24

Member
I have no experience with online loan. I'm always careful on taking decisions on getting loans. I am particular with the nature and it's interest. I don't want any liability on the end. A lot of people just want to get a loan without thinking the possibility of risk.

Well said.
I am loans hater;) Would like rather to EARN than LOAN money..
 

Jelineex

Active member
Well said.
I am loans hater;) Would like rather to EARN than LOAN money..

I have nothing against having a loan as long as we take the responsibility of paying and understanding it's nature. Mostly of the people forget about the risk and responsibility of owing money. Its fine to earn money from hard work but you can't always get a high amount. That's the reason why mostly of us prepare to have loans and get scared in later times. ( Ha.Ha.Ha )
 

hunter24

Member
I have nothing against having a loan as long as we take the responsibility of paying and understanding it's nature. Mostly of the people forget about the risk and responsibility of owing money. Its fine to earn money from hard work but you can't always get a high amount. That's the reason why mostly of us prepare to have loans and get scared in later times. ( Ha.Ha.Ha )

Yesy, 100% agree!.
People forget about the risk and own responsibility for this, what they do.
 

shane robert

New member
I took personal loan 1 year back, normally personal loans are unsecured loans and they don’t have any collateral behind them. as a result of a personal loan is unsecured, interest rates are high.
 
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