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Personal loan
Reasons why you shouldn’t take loan
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[QUOTE="Sotherefore, post: 211407, member: 27033"] Sometimes taking a loan in most cases is not likely to be a bad idea but some people who lacks the proper planning and preparation might just believe that taking a loan is just the best way without doing proper analysation to find out how this loan can be applied into their business to achieve the best success Personally if I am interested to start up a business I won't really concentrate on how to get a loan to do anything because getting a loan to start up any business now to me is not really encouraging, i rather work to raise the required money that is needed to start up a new business I am interested of. Loan is really good in most cases but people are using it wrongly thereby suffering the consequences of not applying it wisely. They might go to jail or prison because of the unfulfilled loan agreement. It can also lead to business collapses if proper care is not taken , that is why we just have to be careful , and we have to calculate every steps we are following most especially when we are established or when we are about to establish our business , failure to do so might result in loss. [/QUOTE]
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Reasons why you shouldn’t take loan
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