Post
Topic
Board Economics
Re: If you were in desperate need for money....
by
mrkevio
on 05/11/2016, 22:24:15 UTC
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
Probably if i am in some emergency and i need money that bad and im desperate now in needing money i will apply for some good laons that they offer me good money and small interest of and i will pay that once i get ok and get out in the hospital and i will work hard again to pay that money.
Loan is the answer my friend, you have no choice but to borrow money as your goal is only to have money under the desperate times. You will do everything and people even try to steal just to have money but for you, you do it in a legitimate way..
I don't think it is possible for a bank to give a loan if you are broke. There are certain agreements and analysis of your financial situation before they approve and give you a loan. To prevent this kind of situations what we need is an Emergency Fund that we will only use in times of emergency in which depends on you.
The bank loans are only for rich people who already have a very good source of income and poor people are unable to get loan from banks because the banks consider that these people are not able to refund the loans they get. So we do not have to think that place for to get money when we are in desperate need of money.

You don't always need big sums of money, so banks might be helpful. However, they can be a pain for all of us when it comes to the responsability we have to assume and the money we need to return to them. Banks are evil, they look like angels but in reality they just want your wallet.