People in our society have a huge problem in understanding whom should we approach for what kind of problem. That will in turn give this person a huge range of problem which would include several things where one would lead to another. For example, you should get visa when you are on foreign soil. To get visa, most of the people approach these travels and some rookie instead of just approaching the visa commis on office themselves.
Similarly, when you are in an urgent need of money most of the people just get money from loan sharks instead of banks because it would take a long time to get processed. This is an utter foolishness because the stocks and interests are high with loan sharks. You can approach a licensed money lenders in Singapore, whom you will be legally bound and no kind of illegality will be involved. Moreover with loan sharks you are having an illegal contract which means if anything where to happen to you due to them, you cannot prove the case or even file a case because it is illegal binding.
You can probably get payday loans, in which you will give these legally recognised money lenders, a cheque for a particular day. Probably this will require you to be employed and get a definite pay check every month. Moreover the loan interest rates might be really better than that of the loan sharks.
It would be better for an individual to not get loans and try to meet the required necessity without getting loans. Once, you start taking loans, you will feel like you are in debt forever. Therefore, it is better to sell something and then invest it in something else that way when the problem is over, you would have just lost the something you sold. But when you take a loan, after the problem is done or settled, you will have another problem, waiting in your door step to torment you again.
People might talk whatever but it is important to have a good and strong faith in yourself about the simple fact that if you loss something, it will be gone and if you want you can always try to get the thing back but loans is like you cannot undo it once it is done. It is true that we should be very sure of doing something in distress but sometimes you will just head yourself into more trouble by entering into some kind of contract for loan. Sometimes with loan sharks you might even have to pay two to three percentage per month which means you are paying twenty four to thirty six percentage per annum.