Have you ever been successful through the taking of loans?

[cherry123]

Yeah but I try to take the one I can easily psy back. This is the only way you can make them give you more loans

 

[Hate2Wait]

Getting a credit card is equal to taking a loan so yes I was successful and we need to keep our credit score in good health to get loan

 

[Passiveearner]

The problem with using credit card is the fact that you end up paying interest and this may increase debt. When you save enough money, you may not need to borrow money or take loans.

Getting a credit card is equal to taking a loan so yes I was successful and we need to keep our credit score in good health to get loan

 

[Hate2Wait]

I am sure I will be but at present I don't have any such requirement to take a loan and I don't like unnecessary burden

 

[Passiveearner]

I have never been successful when it comes to borrowing money and starting a business. Having said that, I borrow money so that I could deal with expenses such as miscellaneous expenses.

 

[Ratine]

Life seems very difficult when managing some loans. For me l am not very comfortable when l have some loans.

 

[Hate2Wait]

The problem with using credit card is the fact that you end up paying interest and this may increase debt. When you save enough money, you may not need to borrow money or take loans.

Why will you pay interest if you can pay all your bills on time and you don't have to pay in installments and should pay all your bills in one go

 

[Ratine]

In my life l had never considered the taking loans for my personal development for sure.

 

[Nite]

Some people may struggle financially and turn to loans as a last resort, others may use loans strategically to invest in their education, start a business, or make other important investments.

 

[eldavis]

In my life l had never considered the taking loans for my personal development for sure.

Same here, and I am really hoping I don't find myself in a situation in the future where I will have no choice but to take a loan.

 

[Nite]

Taking out a loan can be stressful and challenging experience, so we should all be committed to making smart financial decisions now to avoid that situation in the future.

 

[Hate2Wait]

I can get loan but at present I don't require to get any loan or any such assistance and you need to have a good credit score for that

 

[timewo]

Since I am not a salaried person, I am usually not eligible for a loan, and use my savings to pay for my expenses.

 

[Hate2Wait]

Taking a loan is quite similar to getting a credit card and I was successful at it so I am sure it won't be an issue to get a loan

 

[Nite]

Taking a loan and getting a credit card may have some similarities, they are still different with their own terms and conditions.

 

[IB D]

I have always defaulted on the loans that I have taken. That is why I always avoid those loans altogether.

 

[Stardom22]

I have realized that it's very risky taking on the loans to finance your business as most loans come with higher interest rates.

 

[Kera]

I have not really taken loans in my life and I am not comfortable with it. I can't say I have been successful with it.

 

[Nite]

I think avoiding taking out loans can be wise decision, doing so can prevent the accumulation of debt and interest payments.

 

[Passiveearner]

It is all about having stress while having loans. There are many people who never manage to deal with loans and they also have to deal with anxiety as well. This is why it is never a good idea to borrow money when you can't afford to do so.

I have realized that it's very risky taking on the loans to finance your business as most loans come with higher interest rates.