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Author Topic: Loans too risky?  (Read 66499 times)
abugseuf
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October 18, 2016, 03:42:17 PM
 #761

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.
giving loan is already illegal and in Islam, you can give loan for free  but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.
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October 18, 2016, 04:34:30 PM
 #762

If you have so many coins, then investing could prove to be a lot more profitable than lending, besides you will not have to worry whether you are aid back your loans or scammers.

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October 18, 2016, 05:07:31 PM
 #763

 Huh Roll Eyes Lips sealed Undecided
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October 18, 2016, 05:17:33 PM
 #764

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.
giving loan is already illegal and in Islam, you can give loan for free  but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.


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October 18, 2016, 05:40:30 PM
 #765

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.
giving loan is already illegal and in Islam, you can give loan for free  but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.

you do not have to bring religion into this, let this be a matter of each. because Muslims know what is good and not to do. I own Islam and certainly never liked to investments such as loans that have interest. but I just like to borrow it to my friends when I really needed it.
so that no interest.



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Maslate
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October 19, 2016, 01:37:19 AM
 #766

If you have so many coins, then investing could prove to be a lot more profitable than lending, besides you will not have to worry whether you are aid back your loans or scammers.

You are right with it and this is the industry that has a lot of risk so instead of lending just invest your bitcoins or other coins into trading and other ways that is going to be profitable to you. And this is one of the hardest way of earning because you need to earn the trust of the people also in able to have result on this type of business.
Investing is the key to success here as there are many investment sites that we can use our bitcoins, and even holding our bitcoin we are already doing investment. Just do have trust for the future of bitcoin so you will be more optimistic about the future price, in addition gambling sites do offer investment program so we can also try it.


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October 19, 2016, 07:40:10 AM
 #767

Loans actually can be very risky, but if you know that you are able to pay it back then it should be no problem at all.
Take only a loan when you need something that is important and if you can pay it back.
[/quote
If you are not able to pay it back then of course a loan is risky because you will have to pay it back no matter what.
What I suggest is that you do not gamble with loan money because that is going to mess you up.
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October 19, 2016, 12:16:19 PM
 #768

If you have so many coins, then investing could prove to be a lot more profitable than lending, besides you will not have to worry whether you are aid back your loans or scammers.

You are right with it and this is the industry that has a lot of risk so instead of lending just invest your bitcoins or other coins into trading and other ways that is going to be profitable to you. And this is one of the hardest way of earning because you need to earn the trust of the people also in able to have result on this type of business.
The simplest way to do is just hold it, there is a lesser risk in holding since you are not prone of being scam. As long as you trust the future of bitcoin you will be confident of doing it.

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October 19, 2016, 12:53:42 PM
 #769

yes there is no doubt about this that loans are too risky so you should be careful when taking loan as there is always a chance of loosing bitcoins if he price fell down so try not to buy or do trading on loans as you will then not be able to return it back.
what is the risk in taking a loan  Grin the risk lies for the individual giving out the loan ,doing trade and gambling with loaned amount is a very risky thing as you never know when you are going to loose everything,bitcoin and price really never matter if you are not looking for a profit every month.
Maybe he is afraid that he might be tempted that he will not be able to repay his loan due to lack of control in the lending operation, even if you get a loan easily but you cannot consider it as a free as that is a sin not to repay loans and just take the money of others illegally.
It is a case of morality and if you are not repaying the loan i don't consider it as a sin but i consider it as a scam and a fraud,if someone loans money from me personally and then disappears then they might consider it as a mortal sin because when i find them i will smash them to the pulp  Tongue
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October 19, 2016, 12:57:40 PM
 #770

yes there is no doubt about this that loans are too risky so you should be careful when taking loan as there is always a chance of loosing bitcoins if he price fell down so try not to buy or do trading on loans as you will then not be able to return it back.
what is the risk in taking a loan  Grin the risk lies for the individual giving out the loan ,doing trade and gambling with loaned amount is a very risky thing as you never know when you are going to loose everything,bitcoin and price really never matter if you are not looking for a profit every month.
Most people who requests for the loan actually attempt to use in those aspects you mentioned just to make quick profit for which they are not sure of making. It is highly risky to take loan and just venture into gambling with. Better if you are taking loan use it for guaranteed investment with higher returns in order not to put yorself into financial trouble that can make your life very uncomfortable.


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October 19, 2016, 02:24:46 PM
 #771

Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, I think that its way too risky for me and I do not recommend you to do it also..
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October 19, 2016, 02:58:01 PM
 #772

Loans are very risky because if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance  to make barrow again becareful always.

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raven7886
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October 19, 2016, 03:00:38 PM
 #773

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.
giving loan is already illegal and in Islam, you can give loan for free  but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.

Then why you are wearing a gambling related campaign and promoting it to get payment? it is also a sin and haram for you. if you really a follower of your Religion's laws then follow them properly. gambling and betting is also haram. so don't do gambling and don't support gambling any way.

BTW. loan is a risky thing. only take or give loan if you think you can face the risk. and must take a valid collateral for your loan...

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October 19, 2016, 11:01:10 PM
 #774

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.
giving loan is already illegal and in Islam, you can give loan for free  but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.

Then why you are wearing a gambling related campaign and promoting it to get payment? it is also a sin and haram for you. if you really a follower of your Religion's laws then follow them properly. gambling and betting is also haram. so don't do gambling and don't support gambling any way.

BTW. loan is a risky thing. only take or give loan if you think you can face the risk. and must take a valid collateral for your loan...

As said many times, the risk if you are a borrower is manageable but if you are a lender you have all the risk that you might not be paid with your client, lending business is not good online.

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October 20, 2016, 12:28:03 AM
 #775

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.
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October 20, 2016, 12:41:46 AM
 #776

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.
you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

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October 20, 2016, 12:42:46 AM
 #777

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.
Yeah if you make a loan in  loan service provider you must includ or give an a valid collateral to make your loan approve like in this forum but if you make loan just consider that you are borrowed is you can pay for it to dont get any problem.
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October 20, 2016, 12:59:50 AM
 #778

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.
Yeah if you make a loan in  loan service provider you must includ or give an a valid collateral to make your loan approve like in this forum but if you make loan just consider that you are borrowed is you can pay for it to dont get any problem.

If there will not be an escrow then I think the better way is to have valid id's shown also if the loaner or borrower just wont mind. There have been a lot of scams with this things. Maybe that could minimize this from happening over and over again.

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October 20, 2016, 01:45:18 AM
 #779

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.
you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

Yes indeed but I think even with a relative it can be risky, I do not like to loan a lot of money to someone because its in my eyes way too risky to do these days..
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October 20, 2016, 01:51:04 AM
 #780

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.
you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

Yes indeed but I think even with a relative it can be risky, I do not like to loan a lot of money to someone because its in my eyes way too risky to do these days..

Yeah having a loan to someone whether it is your relatives or not is not quite a good idea. Refrain from having a load as much as possible as it will cost you more money to pay because of the fee allotted to it. But in case you really need to have money but you cannot suffice that. Make sure to find someone who can lend you money with just a small interest or no interest to prevent you from having a money loss.
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