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Personal loan
Be wary of Loans
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[QUOTE="btaliat, post: 236762, member: 26390"] Loan is a two face sword. It can be good and also if not well managed can be the downfall of a business owner. There must be good management of it or else there may be regret on why the loan was obtained in the first instance. Before one decides to go for loan, there should be many reasons why the loan should be taken. It is even to he obtained only if all the means I have been exhausted. There are many alternatives to loan. After that, there must be plan on the repaymentof the loan. There are some many strategies, some may decide to pay by installment on some stipulated period of time which may be monthly or any other ways. While others may decide to pay once after the expiration of the tenure. There should also be plans on what to use the money for. Some borrow for the fun of it. They don't use the borrowed money for productive things. This is the reason why some people run into debt at the end of the day. Because they don't use the money for something that can bring them money but instead engaging in frivolity things and the likes. [/QUOTE]
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Be wary of Loans
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