Taking a loan is indeed one thing that must be avoided. but for some people who really have urgent needs and there is no other way, borrowing is like a solution at that time. but yeah another problem will come later. what we have to do is we have to be able to measure our personal finances.
When they are in a state of financial urgency and they don't have savings or assets that they can rely on to meet their needs, of course, the short cut is that they will try to find a loan, maybe borrowing is something that is really not a good thing to do, but at this very important moment will have to be done, especially constraints in need or urgent needs, and they are fully required to have to calculate their loan with income, so that later they will not be constrained in terms of payment.
Its actually situational, just like on that case where it is emergency and they dont have saving they might really force to loan or borrow money. Borrowing money is not really bad especially when you are going to use it right. Just like the successful businessman that I know, he started his business with a little amount which he borrows to his friend. Now he's the one lending money to other people to help them start their own business as well. I just hope that people who borrow money are using it for good things that will help them to be financial stable in the future.