Loan Apps – Talk Investing

This topic has 1 reply, 2 voices, and was last updated 1 year, 6 months ago by Antiondeorus.

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March 5, 2020 at 2:40 pm #742

Hatomentand
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Just curious, has anyone ever used one of those apps that loan you money (Nimble is the first one that comes to mind but sure there are others out there)

I’m not considering using it but would be interesting to hear about experiences anyone has had, or know someone personally that used the app.

March 12, 2020 at 4:28 pm #750

Antiondeorus
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Would not recommend doing these types of loans unless you had absolutely no other option and were absolutely sure that you could make the repayments back asap.

Generally people get sucked into these loans for a fast solution to other financial problems, and the new repayments end up being worse than the ones they got the loan for in the first place.
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