I don't take loan at all and I am not against those taking it but many people that take loan doesn't calculate how much to be taken in respect with their income. Loan amount is not supposed to be higher or 80-100% up to your income, that amount of loan is dangerous, it destroys yourself and whoever is involved in it. If earning $100 a month, loan amount should be $5 or less.
It is good that you don't try to take a loan. I also avoid to take a loan, I think it is bad way to deal with our financial problem. If I have the stuffs that I can sell, I prefer to sell my stuff than taking a loan.
Sure, taking a loan 80-100% of our income isn't reasonable. How we can repay the loan with too high percentage? Taking a loan surely must be with the amount of money that we are capable for the repayment.