Post
Topic
Board Economics
Re: Avoid loan apps, a word of advice.
by
Onyeeze
on 12/02/2025, 22:32:59 UTC
Over the week, a friend and I had a conversation about loans and loan apps and she shared a bitter experience of how she was unable to write a very important exam because the money meant for payment of fees to qualify for that exam was deducted by a certain loan app that she collected money from a while ago.  Who will you really blame? My friend for not paying up as at when due or the loan app for not notifying her before the deduction.
In all, I advice that we should try to avoid any business with loan apps as they seem to be very numerous these days and are easily accessible. Most importantly, You should know that you are at the danger of developing a habit of borrowing from them if you patronise loan apps even for the smallest amount.
that is some persons who likes to take loan from all those loan app because it is only place they have a hope of help at that moment but it does not necessary mean that they are intending to loan a money from such app knowing the risk that is involved on it but based on a conditional issue that made them to loan money from the app, money loan app can help the less privilege to sort out their problem and they can also in danger them because they disadvantages is higher than the advantages it is better for you to loan the money from someone that you know than going for loan app the reason why I see some people to loan money from such app is because they don't have any other hope except there if there is any alternative I don't think that they will loan money from such apps