Loans & Depts
Money is always important, but not always available. The unavailability of money all the time makes an individual, group, or other legal parties to acquire loans that they are to pay back. Once an individual has gotten a loan. He or she has become a debtor
▶️ 3Speak
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A very interesting topic. Loans can be very dangerous to our finance. it is better to save up to acquire properties than to take loans as it can be quite risky.
Loans can be very risky. credit card loans are difficult to avoid by medical loans and credit card loans are a bit difficult t avoid though
Loans are my definition of finance killers. It's always advisable to stay away from them. If our impulse to borrow can't be controlled, it can be dangerous, as it often develops into a situation where you'd need to continually use a loan to finance your lifestyle.
Using loans to finance personal needs will ruin the structure of personal financial growth and it's not a good financial legacy
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