maybe many people are taking loans online or offline for various urgent reasons, but keep in mind that the habit of making loans will only get you entangled with what is called eternal debt and the possibility of getting addicted to making loans online or offline
If a loan is taken only to meet living expenses it will add to the burden, especially if we don't have a steady job to pay off the loan every month. It doesn't matter if someone takes out a loan to support the business they are running because it can be more productive. But we also have to have considerations when deciding to take out a loan, whether the business and business that we are in can develop or not.
I live in a city where the rate of people making loans is quite high until yesterday I heard of a neighbor who was fighting with a debt collector because he was unable to pay but the debt collector belittled the borrower who was unable to pay
Today many people have difficulty getting money and taking loans will only make people more problematic. Sometimes certain conditions make people have to take a loan because there is no solution they can do, even though they consciously know that taking a loan is not a solution in such conditions. But conditions force them to do it and many people I know do this because they have no choice.
Without realizing it the life we are living right now is getting out of control and jobs are getting harder for us to get, so that it can affect people in making ends meet. Reasons like these are what make people entangled with loans and the more forced they are, the more difficult it is for them to get out of the problem.