The worst time to borrow money is when you are in need or in crisis. If you have an option that can make you ensure that phase it's best to avoid the loan taking that loan is not going to solve anything instead it's only going to make it worse. If rich people can get into debt problems how do you think someone that's poor can handle it especially if taking loans that has to do with paying back interest
For me, borrowing basically is a tactic used by smart people to control the mind of their gullible borrowers, and the use of such things as emergency need the cause of borrowing it also make no much sense if you viewing it from the perspective of the protecting your future financial stability, because the question is, borrowing most especially the one that comes with high interest are more hard to pay back since the interest will definitely weigh the borrower down, best thing is to avoid borrowing of any nature.