Personal debts and borrowings
In December 2024, while scrolling through Facebook, I came across a post by a young Gambian woman living in the diaspora—let’s call her “Mato” for privacy’s sake. Mato publicly declared her 2025 resolution: she would no longer lend money to friends or family. After extending sizeable loans throughout 2024, many of which went unpaid and […]
Why Lending Money to Friends and Family Is Often a Bad Idea Read More »
Lending money to friends and family is common worldwide, often motivated by goodwill and a desire to help loved ones in need. However, while the intention behind such loans is usually positive, the reality can be far more complicated. A recent poll to understand whether lending money to friends and family impacts relationships has revealed
Lending to Friends and Family: A Poll Reveals the Hidden Strain on Relationships Read More »
Due to various financial constraints, people are always visiting financial institutions to look for personal loans. There are different types of loans, but for today, we will focus on personal loans. A personal loan is borrowing by individuals seek to meet their needs or buy small assets and at the end of the agreed period,
5 Reasons Personal Loan Applications are Rejected by Banks Read More »
There are two basic things that you should consider and follow if you want to have a hassle free life even in debt. One is to stay in control of your debt and manage it proficiently, and the other is to review your credit on a regular basis. If you are diligent in these, you
10 Elements Of Consumer Borrowing – Control Your Debts Read More »
Your financial situation is a combination of every financial decision you’ve made up to this point. However, identifying your financial mistakes – and precisely where you went wrong – will help you avoid making more down the road. In this article, we share 5 common financial mistakes most people make.
5 Common Financial Mistakes to Avoid Read More »
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