Is your life full of loans, how often do you take laon
By CSHINE
@SHAMRACK (8576)
India
August 31, 2007 6:10am CST
My it is bit. Most often I take laons just to role my business. It all depends according to seriousness in the necessity of money and the interest rate is another unbearable part in some lending banks. But still I hope it is very difficult to live without loans. May those people who are above 30 years are most common to take loans, may be except those who lent cash to others. Hope for a loan free life.
1 person likes this
2 responses
@michaeldadona (5684)
• Malaysia
31 Aug 07
Loan is one of the capital resource for business to grow and it does help to stimulate the business's active cashflow. Even though there will be interest bearing involved/incurred in balance sheets, but it is under calculative risk in account.
Yeah sure if can obtain free interest loan, much better.
1 person likes this
@lani0529 (1720)
• Philippines
31 Aug 07
Hello sham!(",)
Just recently, I joined a cooperative in our institution and started loaning. I did loan a small amount of money ( 1,000php) as a starting loan. It's a loan test, it's a policy in the cooperative that before you can loan big amounts you have to first loan 2 small amounts.
I would like to loan big money for my continuing education. It's okay to loan as long as you can pay it. I don't like to be flooded with debts so
I am very careful when I loan.(",)
Great day!(",)
