A lot of people that take loans do not pay back on the allotted time, hence elongating the loan which will accrue interest and make it even harder to pay back.
A lot of people that take loans do not pay back on the allotted time, hence elongating the loan which will accrue interest and make it even harder to pay back.
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I think why alot of people don't refund what the loan sometimes it's due to unexpected financial hardships like job loss or medical expenses. Other times, poor financial planning or overspending can lead to difficulties in repayment. It can also because of high interest rates or predatory lending prRead more
I think why alot of people don’t refund what the loan sometimes it’s due to unexpected financial hardships like job loss or medical expenses. Other times, poor financial planning or overspending can lead to difficulties in repayment. It can also because of high interest rates or predatory lending practices can make it harder for people to keep up with payments.
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