A lot of people take loans for different reasons and there are different terms and conditions attached to the repayment of such loans. Some people are just so fond of loans that they can't do without it in a week and the invention of the loan apps has made it so convenient that at the comfort of one's home through our mobile gadgets loans can be gotten.
While some people aren't fond of taking loans but when they are in need and they don't have option, they go for loans to sort their needs. I'm not a fan of loan taking at all because I try everything possible to manage my resources and more so I'm not into any business, so loan is the last thing I think of. But when I'm in urgent need, I borrow money from my siblings and repayment will be at my convenience.
As a person I hate debt and I always avoid it, paying interest irritates me a lot that's the number one reason I don't like taking loans. But sometimes ago when I was in the pressing need of money for a family project, I didn't have the choice than to go get a loan.
I couldn't borrow money from any of my siblings because we all are involved in the project and the money with me at that time wasn't enough for my own quota of the project. I even thought of waiting till my salary is paid but the rate at which the price of materials needed for the project was skyrocketing daily makes me go for loan from a loan app so as to get the project done as soon as possible.
I had to check for different loan apps online so that I could help myself, it was during my Google search that I discovered that there are several types of loan apps which I wasn't aware of before that time. It was surprising to me, but I can't blame people that go for loans, they are just looking for ways to help themselves out of their hardships. I also had to sort myself out too when I have nowhere to turn to for money.
Luckily for me, I saw an app that is favorable to me, the payment plan and interest are somehow reasonable, I saw people's review on it and I also read the terms and conditions very well before applying for the loan. I registered for it and I was qualified for the loan, I got a better loan offer and I chose a 15 day duration for my repayment.
I didn't want a long term loan that will become a debt which I won't be able to repay at when due, so 15days was okay for me to clear it off. Thankfully I was able to use the money for my urgent need but I didn't tell anyone at all where I got the money from.
I was able to repay the loan before the due date because my mind was on it and I don't want it to be a bad loan. I hate stressing myself and I always avoid whatever that causes me to have sleepless night that's the reason I try my best to repay before the due date which I did. After that time I haven't collected any loan from anyone and I haven't used the loan app since then.
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