Dangers of Loans

Easy Availability of Loans Can Ruin Your Life

Mr. R who was a small entrepreneur lived in a posh suburb of Mumbai. He was always cash-starved like many other small entrepreneurs.   He enjoyed the bank limit for his working capital needs. His appetite for growth was far more than the bank’s lending parameters. However, since the last couple of years, his cash crunch problem was eased with the accessibility of many non-banking lenders … Continue reading Easy Availability of Loans Can Ruin Your Life