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Personal loan
Taking loan to repay another loan?
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[QUOTE="sincerem, post: 228912, member: 25228"] [FONT=Courier New][B]I have the option to take more loans up to 50k based on my local country's fiat values. But I won't go on taking the loan, because their interest rate is high, I don't want to entangled myself with such kind of scenario where I'm taking loans all the time with mountain to climb in order to make out with it's repayment based on the time scale of the deadline. I believe in saving and investing wisely to keep up with my daily spendings which is summed up due to everyday bill accumulation. I decided I won't be taking loans when it is not worth it. Loan should be taking when you have nothing left, and we should take what we should avoid too, when it comes to repaying it. Taking of loan have really put lots of people into issues, due to the mockery which the loan company subjects them into. When you borrow loan and you don't pay on time here in my locality, the loan companies will subject you to state of mockery, accusing you of stealing and calling you all sorts of dreaded names. That's why I don't engage my time taking loans. I prefer saving up, and cutting down my needs. [/B][/FONT] [/QUOTE]
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Taking loan to repay another loan?
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