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Personal loan
Why take a loan if you have no sure means of payment?
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[QUOTE="Kingsley, post: 209054, member: 30278"] This is what has landed many people into trouble, they go for loans without having plans on how to pay back those loans. Infact even some insensitive government also go for loans they know they can not pay back, Thus, plunging their citizens into More poverty. People fail to learn and know that there is a big different between wants and needs, they mix it up, needs are pressing wants and wants are necessities but not necessarily important things. So when we access loans it shouldn't be about wants but about need. Then when we make such plans on how to get loan we must also make plans on how to get it paid back. The reason why people remain in debt is because most time they borrow and borrow without making any plans for repayment places, some many countries are in debt trap today because their leaders are not wise enough to make good use of the money they received as loan, rather they spend the loanin irrelevant projects and sometimes the money were embezzled and looted. And you will notice that the government of such country implementing laws that will siphon cash from her citizens through back charges.they lack insight. [/QUOTE]
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Why take a loan if you have no sure means of payment?
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