How Often Do You Get a Personal Loan

[Nomad]

Currently, I have $1000 personal loan. I borrowed this money to pay for hospital bills. The loan repayment deadline is in the first week of March and I have not been able to manage funds. So, I will be renewing this loan and extend my repayment deadline. Even though I do not like using loan money on unproductive things, sometimes, personal loan becomes the only option to pay your bills. How often do you get a personal loan?

 

[Grant]

I don't take out loans often. I only do when I really need to take money out and need a decent sum at a given time. It's not often thankfully. I don't like taking money out if I don't have to, especially in terms of a loan. If I can survive without taking out loans, I will to the best of my ability.

 

[deucher]

I really don't like it, because when you take a loan, you will always be in debt to that person and they can constantly set conditions that you don't like, but when this happens to me and I borrow funds even from relatives, we always have a contract, as far as I know to give and in what terms

 

[linux.poet]

I don’t, because I don’t have a good timetable for how much money I will earn, and thus have no expectation for how I will be able to repay the loan.