Loan app in two ways have both the advantages and disadvantages.because when you you need it they might be there for you advantage.when you don't pay the interest accumulate.but to my view the disadvantages are more.cause if you take a loan from the app cause you see having challenges and you fail to pay you will be blacklisted, and you credit limit to access other loans from othere companies my be a problem to you.
yes, loan app has not only disadvantages, also it has advantages, so that people using it who's need urgent money,
just try to avoid high interest app and other strict rules which can be badly affected to you,
but although i don't like loan app personally, i try to manage money in other way but not interested with loan app.
Unfortunately, I have fallen for this loaning app which really take our country. I have two loans, the first one, I have to pay it like three more times before I can close it. But the other one, it will take me at least 4-6 months before I can fully paid it.
I don't know, I just fell for it, starting last year I didn't know anything about loaning apps. But someone introduce it to me and then that's where I became out of control of taking loans then paying it and then taking another one for gambling and other things that I buy that I didn't necessarily needs. But now it has waken me up, that's why I was really targeting to pay everything in the next 6 months and I'm planning to delete that apps once I've done with it.