Three days ago I received an email from a friend. The fact that she was a daughter of my mom’s friend probably makes her my friend too. Anyway, she was in dire need of money to pay for her daughter’s midterm fees. I already sent her my reply but until now she hasn’t wrote back. I wonder how she managed paying the school fees as the exam has already started.
I know most people resort to borrowing from friends or family members when they are financially tight but others would opt to avail of online personal loans as they don’t want to bother their loved ones with their problems. This is a practical way of solving money problems temporarily but only when one has the means to pay it off. Personal Loans are easy to apply, the process is quick and it’s available for everybody whatever credit type they have.
One Response
Renee
August 14th, 2008 at 4:58 am
1That is just the point most people don’t have the ability to pay it off. The average household credit card debt is 16K and that does not include car loans and mortgages. We are swimming in debt and in the meantime the economy is contracting and people are loosing their jobs. What we need to do is return to cash based purchasing.
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