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I’m just thinking about making a loan and realize that it’s not that easy at all if we need to make a loan with night very high interest. Normally, some bank or loan companies need the statements or salary slips 6 months backward to prove that you really have money comes to your account or your saving. Moreover, if you need a lot of money of loan, they might require you to have some reference things like house paper or land paper which means they can take those things from you in case you can’t pay off the debt.
I have to say if people are desperate with money, the loan with the high interest but approve within a short time might be the only choice they can choose from.
