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Personal loan
Is it a good idea to borrow money to payback a loan?
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[QUOTE="marcusfe, post: 90169, member: 28292"] I've see a lot in this life, while I thought some there were bad ideas and some are normal. There is another incidence I witnessed recently. This happened in a particular cooperative society I belong to. A woman came to borrow some money with the hope to start her repayment the following month but to the surprise of the society the woman refused to show up on the repayment day. The society committee appointed some people to go and bring the woman and she came it was obvious to everyone that she borrowed the money to settle a bank loan she had obtained somewhere else. This got me dumbfounded and I kept asking within myself whether the woman did right or wrong. [/QUOTE]
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Is it a good idea to borrow money to payback a loan?
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