6 reasons why you should not take a loan
The credit topic today is so extensive and relevant that you can talk about loans for hours, talking about how useful they are for those who use this service. You do not need to be a professional in this field to boldly state that loans have a negative impact on the lives of their consumers. Now we are talking specifically about consumer loans.
The negative consequences can enumerate many, especially if a person who can not cope with the repayment of the loan. But it is necessary to highlight the main problems.
Commitments.
Obviously, the obligations themselves can not be pleasant, except for the duties associated with the family, their personality, favorite work. But loan obligations initially do not imply anything positive and create pressure on the person. If there is an opportunity not to take a loan, then you should not climb into this suffocating pit. The effect here is directly proportional, the larger the loan amount, the greater the psychological pressure. This definitely binds a person when making any important decisions, he has to deny himself in many ways. Surely, when you made the decision to apply for a loan, it seemed to you that it would be, not as difficult as in reality.
Job.
If your job at the moment is the only source of income, and you do not have passive or additional income, then you have even more difficult.
In this case, you do not risk retiring from the unloved work, hold on to it, become attached to it.
Consequently, you, as an adequate person, perfectly understand that if you lose your job, you will not be able to pay the loan on time, and this in turn will provide you with a number of negative consequences.
Credit history.
Your future depends on how conscientious you are in the eyes of credit organizations. There are people who do not want to agree with this. But if you think logically, then modern life is so unpredictable that you can expect anything. For example, trouble with relatives, health, education. Or do you want to improve the quality of your life, and you do not have enough personal money to buy a car or an apartment. Accordingly, you apply to a credit institution for financial assistance. However, if the credit history is corrupted, then you have little chance of a positive response, most likely, you should expect a refusal.
KA (collection agency)
Banks now do not really like to meet debtors, and it often happens that they transfer your debt, or rather sell it to collection agencies. The ACs, in turn, are very responsible in their approach to this matter and will in any way seek to pay off your debt from you, because their earnings directly depend on it. Therefore, it is better not to get involved with collection agencies.
Trial.
A credit institution has the right to sue you if you do not follow your obligations, which were signed in the contract when you made out a loan. Most likely, this process will not be in your favor and you will be obliged to pay the debt. But the most unpleasant thing here is that they can arrest your bank accounts, deduct a certain amount from your salary, or seize your property. And this, as you will agree, is very unpleasant.
To avoid the above negative consequences, it is worthwhile to seriously approach the decision of loan processing. Weigh the pros and cons, think how much you need this loan or purchase. Evaluate the real possibilities that you have at the moment. You should not hope that everything will work out for you, situations in life may be completely different. But even stability cannot be a weighty argument in favor of loans.
Therefore, before making a loan, think carefully. And to help loans and loans, resort only in the most extreme cases, when it is vital.
Is it worth taking a loan?
