Post
Topic
Board Economics
Re: Nobody don't want to borrow money but they need to do it
by
GiftedMAN
on 06/08/2025, 17:50:54 UTC
The worst thing anyone can do is to borrow money that requires interest payment when you don't have anything you are doing to earn money
How will someone who doesn't have an investment and source to pay back loan even borrow money that involves interest? It is risky and the person may be landing himself into trouble because when the loan is overdue the owner will seek for his money and if he doesn't pay back he can be arrested and charged to court. If there is no way to pay back loan it is not advisable to borrow money from anyone it could land someone in jail.