Quote from: kawetsriyanto on February 20, 2024, 08:53:13 PM

Quote from: Raflesia on February 16, 2024, 07:56:37 PM

Sometimes people like this also have a big worry about borrowing but it's not that they can't repay the loan but that they can't get the loan back after they've paid off the debt.

I've seen this situation in my neighborhood when someone who works for a bank came to people's homes to survey and collect the last few months' payments from customers who took out loans.

They try to re-offer loans on the grounds that when closing and not borrowing again then future borrowing will be complicated but this is precisely what makes conditions more complicated where ordinary people are still not too aware that in the end we have to stop activities like this so that our economic conditions become better but with the fear that they cannot borrow money again at the bank, this becomes a very difficult thing for customers to avoid.

As far as I know, when we succeed to repay our loan on the banks, it must be easier to get a new loan because we have a good history in borrowing money. Why it will be difficult to get a new loan? Banks must try and try again to get the customers, surely they will persuade us to have a new loan. Even, the banks ensure us with some benefits if we want to have a new loan. They will make is easier in processing the new loan. This is what I experienced for borrowing money on the banks.

It is not a surprising thing if we see some bank employees come to people's homes. In the villages, it is something usual because they can easily get the customers in this way. The bank employees get some money if they succeed to get customers. The banks sometimes set a target for their marketing, they must have certain number of customers in a year.

CMIIW

It happens when we immediately make a new application in a loan when we have paid off the previous loan but if the loan is made in a certain interval (stop first) after the previous debt is paid off then it will still be a little difficult for a new application even if we already have a fairly good track record in a loan.
It happens where I live now but I don't know if it happens in other regions, countries or not because in the end policies like this seem to depend on where we live.

I once accompanied one of my family members to pay off a debt to a bank and the bank that applied for the loan said that it would be a little inconvenient if they did not re-borrow after the current debt was settled because the process could take longer. That might just be a trap to keep us in debt but in the end it happened because after my family stopped borrowing for a certain period of time and re-borrowed again to the bank, the process was a little longer than before.