Gaining with a loan amount is a big red flag.
Gambling with a loan is like getting a loan for refreshments.... Who's going to pay back? With the high level of interest rates and conditions, who in their right state of mind would ever think getting a loan to gamble is a good idea?
Isn't that exactly the opposite of what we've been preaching in here for years now?? Don't gamble with what you cannot afford to lose, yet getting a loan to gamble somehow isn't part of that scheme.
10 out of 10 problem gamblers said they were affected cause they borrowed money for gambling and failed to repay that amount.
And the truth is, we don't always hear about it until it gets on their neck and gives a them a tighter grip than they ever expected. I can't imagine going on the run from these ferocious loan sharks. If 10 out of 10 to people got the same outcome from trying on one particular thing, what makes the rest feel like they can maneuver?