How do you manage your personal loans?

[Starmix]

I do not have a loan, but when I was a new employee, I was inspired by my friends to loan, and it was a crazy thing.

 

[Stardom22]

I only take business loans when l don't have any option for getting some money.

 

[Starmix]

I am not taking any loan. It is scary. It's better to save everyday to have a capital for an investment or business.

 

[stan358]

It is very wrong to take a loan when you do not have any anything you want to do with it. Loans are supposed to be used to make more money. Do not take loan to start a new business..

 

[Starmix]

When I had a loan years ago, I was able to manage it well, instead of paying in two years, I paid it in 8 months.

 

[Hate2Wait]

You may get tempted to go for a loan when it was on easy terms but paying 25% is a little too much

 

[Starmix]

I promised myself not to apply for a loan again. It was disastrous paying the high interest.

 

[Hate2Wait]

I haven't taken any loan and if I do I will make sure to pay it on time and from time I am making sure to pay all my credit card bills on time

 

[cherry123]

I try not to borrow but if I do . I try to pay back when due to avoid fees and penalty. I don't like the extra fees as they dont make sense

 

[Starmix]

We have to pay our personal loan to avoid bad shot the next time you are in a need of money.

 

[Shavkat]

I have not tried it yet. If it is really needed, then I am open with this option.

 

[Hate2Wait]

If you took a personal loan then you should be careful about it and should never miss its payment and should pay on time

 

[Ratine]

Loans should be handled with a lot of care. Most people have really gone bankruptcy due to loans

 

[King Belieal]

When you have a personal loan, you should be able to budget a particular amount every month for the repayment of that loan.

 

[Starmix]

Having a personal loan is a commitment and responsibility therfore you are obligated to pay your loan monthly until it's fully paid.

 

[Hate2Wait]

Having a personal loan is like a burden for us and its better to follow all the rules regarding its repayment and not pay any penalty

 

[Starmix]

Agree a personal loan is a burden which is why I never aspire to apply a personal loan.

 

[Hate2Wait]

It's better to arrange money from other sources in case we really need money but don't go for personal loan because of higher Rate of Interest

 

[Starmix]

I do not have a personal loan but the time I had I set aside money for the monthly payment.

 

[Hate2Wait]

The best thing would be to not go for any loan and manage on your own because it will help you to not have any unnecessary burden