Post
Topic
Board Economics
Re: If you were in desperate need for money....
by
Positid
on 20/09/2016, 06:37:08 UTC
I believe i will try  to get loan from bank or just lend  some money from my family  or friend, i am sure that somebody  would help me in situation like this...

If I will desperate for money I wouldn't do this because I don't want to have debt in the banks because that is going to have interest rates.

And as the day goes by and you are not able to pay your loans with the banks the interest rates are going to become higher.

So what I am going to do is just used my savings.
You have to do everything if you are in desperate need of money and all the possible solution that you see you will grab it just to cure any problem you are facing, especially when it is all about emergency where life and death situation.