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Personal loan
Disadvantages of loans.
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[QUOTE="Bookwormlux, post: 71269, member: 25193"] I so much agree with you, people think it is easy to just take a loan and succeed in any business they venture in. I am of the opinion that it is better to start small with the capital you have than to take a loan. This is especially important for business starters. You do not have enough experience and it is never going to be easy when you start experiencing some losses. The thought of the loan you took could depress you. If it is your own personal money that you invested in the business, you can easily restrategize and then come up with new ideas that would change your business story. The issue of the high interest you will repay is another big issue. People need to be careful before thinking of a loan. [/QUOTE]
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Disadvantages of loans.
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