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Personal loan
The effects of taking loans
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[QUOTE="Vladv26, post: 111199, member: 39581"] There are both advantages and disadvantages of taking loans and you have to look at both of them and analyze it for your own particular situation in order to find out if taking a loan is good or bad. The biggest problem I think is that most people take loans to buy materialistic things like a new phone, a new car that they don't necessarily need. And then they have to pay a couple months or even a couple years debts for that thing which they will only enjoy for a couple weeks or so. [/QUOTE]
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