Bookwormlux
Valued Contributor
There is currently a trend of different loan applications out there that are giving out money to people and expecting them to pay ridiculously high amount of money as profit within a very short period of time .
This has been on the increase within the past years, and it is just unfortunate that not much has been done yet to see how they are regulated to the barest minimum .
The most annoying part of this loan is that apart from their charging high interest rates, they also go as far as making sure the tarnish your image by sending out defamatory messages to your contacts when they realise that you do not want to pay the loan or are delay in doing so .
I sometimes get to wonder whether some people still go back to repay a loan after these individuals have succeeded in tarnishing their image .
On a personal note, I actually think that there is no need going to repay a loan after they have successfully done their best to see how they will defame you by sending derogatory messages to your contacts, and telling them you scam them of their money .
Will you proceed to paying such a loan again if they had defamed you?
This has been on the increase within the past years, and it is just unfortunate that not much has been done yet to see how they are regulated to the barest minimum .
The most annoying part of this loan is that apart from their charging high interest rates, they also go as far as making sure the tarnish your image by sending out defamatory messages to your contacts when they realise that you do not want to pay the loan or are delay in doing so .
I sometimes get to wonder whether some people still go back to repay a loan after these individuals have succeeded in tarnishing their image .
On a personal note, I actually think that there is no need going to repay a loan after they have successfully done their best to see how they will defame you by sending derogatory messages to your contacts, and telling them you scam them of their money .
Will you proceed to paying such a loan again if they had defamed you?
