How do you manage your personal loans?

[Starmix]

It is your duty to manage your personal loan. No one will approve your loan if you ruin your reputation.

 

[Hate2Wait]

I haven't taken any personal loan till now and have no plans to take any unless I really need money for something

 

[Ratine]

By ensuring that l wisely use the loans that l usually take for my personal reasons.

 

[Starmix]

Manage it in a way that you will not fail to pay it monthly up to it's full payment.

 

[stan358]

I would advise people not to take loans especially for starting a new business. Personally I try to avoid getting loans from any financial institutions..

 

[Starmix]

Starting a business with a loan is not logical. It's simply because you can start a small business and just borrow money from your siblings.

 

[Hate2Wait]

When you take a business loan then you should pay all its EMIs on time and if not then it will be bad for your CIBIL

 

[Starmix]

If we have a loan, we have to be responsible of paying it. Pity the owner of the money or pity yourself from a sudden shame if the loan company sues you.