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Personal loan
Common reasons for remaining a debtor
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[QUOTE="Good-Guy, post: 221160, member: 29109"] Obviously the biggest reason why many people always remain in debt is because they always borrow money all the time. There comes a time when they get addicted to this habit and they always borrow money even when they have money. No matter how small or big the amount is, you are a debtor when you owe money to someone. Some people borrow small amounts of money, but those small amounts usually add up and turn into big amounts by the passage of time when you do not pay them. Paying such a huge amount might definitely feel burdensome for many people. The problem becomes worst when you borrow money and you have a harder time returning the money due to the fact that you were not able to save enough money to pay off those huge amount of debts. As the original poster mentioned, a person could also become a debtor when he does not manage his finance in an economical manner. Unfortunately, it is no longer able to do that in my country because goods and commodities are becoming so much expensive that people are no longer able to save any money. When they do not save money, they lose the ability to return the money they borrowed. [/QUOTE]
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