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RE: Emergency Loans: Is It Worth It?

in Hive Learners2 months ago

You see, these financial institutions will have their illegal way of charging you and you will wonder how come. My younger sister who lives in the UK narrated how they kept charging unnecessary interest from her credit card, unknown to her, they have been doing that for months until recently, she had to check and when she contacted them for what purpose, they told her irrelevant things. She was pained but had to resolve it.

I don't want to have anything doing with these financial institutions as they will drain you dry if you don't take measures especially when it comes to repaying your loan. Their interest rate is exorbitant.

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They are abusers, they are really just trying to eat the common people's money. I am not going to pay them anything, fortunately this property is not in my name so they cannot take it from me, I have that advantage.

In the banks, I really don't believe, I keep my crypto currencies where I manage my resources, without the need for any intermediary. Everything is safer and more transparent.

Exactly. Everything is safer and more transparent today with the crypto world. Banks are there to extort from us and the only safe space now is having your own digital account/wallet where there is no intermediary.