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Borrow money from someone you trust

By admin
13 December 2013

Sometimes life goes wrong and you need money in a big hurry, or your salary or grant is not enough to cover an unexpected expense. When this happens, you may need to borrow money from somebody. You must always try to borrow money from a registered financial services provider like a bank and not a loan shark (Mashonisa), as loan sharks charge a very high interest rate and it will cost you a lot of money to pay back the loan. It is better to have the agreement in writing, but an oral/verbal agreement is also valid.

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