Borrow at your own risk

April 14, 2014

With the opening of school and tertiary students getting ready to begin classes soon, many parents and guardians are left with a hole in their pocket as they try to meet each and every need of their children. In this tight financial state, some of them would be desperate to have more cash in their hands.

And, for many, getting a loan from the banks or other financial institutions is simply impossible, so they look for quick and easy means to take loan and such rescuers happen to be the moneylenders or loan sharks.

In Fiji, we have quite a many of them, locating in the abuzz corners of our towns and cities, most of them lending money at exorbitant interest rates.