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Dangers of Debt

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Dangers of Debt
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Öykü Penceresi Metni

  • I am home ,Dear!!
  • How was your day dear.
  • Honey the owner just stopped by and said by next week we need to play rent and also we are out of rations, i need money to go out and buy them
  • Same.. Boss..Pressure..work..
  • I only have limited salary, how much  more money can I get you. I paid sons tuition fee last week only. I dont have money now
  • Fine give me some time and let me think about it
  • Every time you tell the same reason. How can I manage home without rations or any money.
  • I thinks it fine for us to take a gold loan from the moneylender using your necklace
  • Don't worry about that I will take care of it, I will repay the loan in two weeks
  • Fine but don't forget the interest rate of these if we don't repay it soon we may go bankrupt because of the interest rate 
  • I would like to take a loan what is the interest and terms of the loan
  • Here is the collateral ,the necklace of my wife which is made out of gold.
  • The interest charged is 15% per month and it should be paid in the beginning  of the month. If not I will use to collateral to pay the loan .What is the Collateral??
  • Honey its been 1 months since we took the loan, we are running low on cash . We need to pay rent and our child tuition fees. All of our money now is being spent on paying the interest i told you it was too much
  • Now what will you do? I need money or else I cant food for tonight 
  • Fine then I will take a one last loan
  • What do you want me to do?? I hoped we would pay the loan but the money i get is being spent paying interest I have no money left now
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