Can borrow another loan and what is the interest rate??
I will Repay it by next week
The interest rate is 20%.What about the loan you took last month
Its been one and a half month since you have paid the money back and you have missed paying interest this month
Ok you have one more week to repay money or else i am selling the collateral to repay the loan
Give me one more week I am currently low on cash, I will repay your money back
Please! Please, don't sell the necklace its my wife's first anniversary gift. Give me two more days I will repay you your money
Its already been two months and you haven't paid your loan. You should be aware of the risks and dangers of borrowing money from private money lenders.
What Happened?
See I told you not to take loans from these moneylenders with high interest the reason for my necklace to be gone is you and you never forget that.
I went to convince him not to sell the necklace but he told me that I was late by the time I arrived and that he had sold the necklace.
I can feel you it was as special to me as it was to you . I now understand the Dangers of Debt and I promise never to loan from moneylenders
Fine then. Take a bath and come dinner will be ready in 20mins.