It is often a common saying by many that “even federal government they owe”.While this is true and cannot be disputed,one′s ability to owe must be weighed on the balance or rather scale to pay back inorder to be a successful borrower.

No one actually likes to take a loan or in a more simpler language borrow;the strings of borrowing or taking a loan is too long or much too demanding for one to run away from or like the biblical yoke ,break off one′s neck,however,with much demand on an individual comes also much demand on his finances.

Without excess demand for cash against pay day,there would be no need for existing loan companies to remain in business;for the mere fact that they yet still exist as banks,private finance companies,individual loan lenders or givers,informal loan socities,cooperative societies,is a clear indication that there is an irresistible appetite for what they have to offer which in this case happens to be loans.

Loans which in my own humble uncopied opinion could be further expanded to mean


L-Let
O-Our
A-Appetite
N-Now
S-Satiates

Is an unavoidable necessary evil or good depending on how it is being used.While loans taken to alleviate the problems of people might work just fine for some,it might further hurt others,plunging them into more debt or pushing them to take more loans.Some will escape this bite after a while,but for others it becomes the genesis of their downfall.Most loans comes with interest ranging from two percent upward,while some loan organizations may ask for two percent monthly interest,others go as far as asking for twenty to thirty percent monthly;anyone in the right frame of mind would agree with me definitely that such loan is not only high but also unbelievably outrageous.

Getting straight and closer to the point,loans are good ways to quickly solve ones urgent financial problems or meet financial needs but just how do we access urgent loan in Lagos,Nigeria?My dear elated reader,there are a thousand and one companies in Lagos offering urgent loans,these urgent loans comes with attached repayable interest too.

WARNING

1.Never you take an urgent loan except you have the means to pay back

2. Never you take an urgent loan without considering the interest rate

3. Never you take an urgent loan because some sugar coated tongue marketers asked you to

4.Never you take an urgent loan except you really need it

5.Never you take an urgent loan morethan you can normally pay

The warning above being established,

First warning boils down to the fact that loans are money repayable with interest,they are not grant,not some free money given to a person by a friend or family member,anyone willing to access loans must be gainfully employed or have a running existing business from which he or she will be able to pay back the loan against the stipulated time.

Second warning is in no way ambiguous as there are various interest rates attached to loans,a two percent interest rate monthly is definitely better than a twenty percent or thirty percent monthly interest rate.The beauty of considering interest rate is to ensure everything is within your power to pay back.For example,one hundred thousand naira on a two percent interest rate monthly will see the loanee pay two thousand naira monthly while a twenty five percent interest rate will see the loanee pay twenty five thousand naira monthly,if the loanee opts for the two percent,it will be taken as a wise decision.

See more at,

SOURCE:http://frankenabulele..com/2015/08/where-to-access-urgent-loan-in.html

What is the interest rate at renmoney and what amount the offered maximum.

lumachris:
What is the interest rate at renmoney and what amount the offered maximum.

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