Saturday, December 9, 2023
Loans By Shortcuts Fail To Panic Later 

Loans By Shortcuts Fail To Panic Later 

People over the years have failed to progress by choosing shortcuts to make money. They might be in business and they might be misfit to apply for a bank loan. In short, bank loans by shortcuts fail more often to trouble too many people, who use tricky ways. They think by doing so, they can getaway easily. No, they’ll be actually in too many financial problems, later on. 

They suffer a lot by using ways whichever way being over-smart. Too many tricks or few tricky ways are the shortcuts to make more money, initially and panic later on. Tricks might be like applying for a small loan to begin with by outsourcing IT documents from some agents.

a businessman looking at a file, Loans, Loans by shortcuts fail, Tricks, Money, Business
Photo by Yan Krukov on

The agents take ₹2000 to ₹3000 to make ‘original look’ IT documents or papers and also do some other ‘paperwork’ to support the loan applications. They proceed forward with a small loan and also they pay the loan installments on time because that’s a bit lower.

It takes some support from their friends and thus they keep going on to make big money. With credit card on the way, and more other credit cards, they get ultimately a big loan. That money from the big loan and the money from the credit cards, they use a lot.

A lavish and luxury life without answering to the bank calls for the retrieval of monthly installments. The battle goes on. They won’t give up even if the bank people catch them red handed anywhere with the use of FDU (Fraud Detection Unit).

The Bottom Line

Well, there are just too many tricks and shortcuts and when they end up somewhere and held. They’ve to pay and have to pay more. They’ll be in deep trouble later on. This way, their shortcuts won’t work. They’ll be troubled more and won’t achieve any success in their business or just in anything else.

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