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That's for the employed kind of people l must say. However the informal kind of debtors repay their loans promptlyI never experienced loaning but as far as my observation is concerned debtors pay their loans through payroll deduction. Others submitted post dated checks equivalent to the number of months to pay.
The loaning company prefers to get paid through a post-dated check or through a Payroll deduction. The payor cannot escape to pay.That's for the employed kind of people l must say. However the informal kind of debtors repay their loans promptly
Me too, it's scary. What if we cannot pay, gosh, our debt surcharges. It's be safe than sorry.I must say that I never loan in my entire life. I do not want to be in a situation where I cannot pay them on time.