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  • TALK THE TALK (Ep 1)
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S48: Taking loans

Nov 19, 2023 | Roundtable (episode 1)

PreviousS49: Bitcoin is not an investmentNextS47: Gambling seduction

Last updated 1 year ago

TALK THE TALK (Ep 1)

In today's series, i have one poll for you to engage with, i have one engaging question.

Today, Lets look at the concept of loans, and the platforms that gives it, from salary advance to house and property loans, to microfinance loans, and finally loan apps. how do they make money from you and why should you take loan in the first place.

Today, we are going to talk about loans, this is a topic that touch everyone's life at some point, wether you are targeting a goal, like a house, school fees, car, or you know someone who took loan that you stand for or surety for one way or the other, directly or indirectly.

we will touch some fews ones that are around us like from salary advance, to property loans, how microfinance comes in and experience of loans apps. Loan is a very broad topic but we will focus on the one that concerns us

so take a cup of coffee, or some moi-moi and garri, and follow me word for word,

Remember the rules

  1. engage the poll, and contribute to today's talk, by comment as we progress, share it to someone, request for the mic, share experience and join the community.

  2. Today's series is sponsored by Gift?. she's a phenomenon, She is an awesome community manager, she's skilled at understand you as a brand, product or company, and help you talk to your audience, she's badass in content, social media stuff. if you see her too, bill her.

Icebreaker:

To kick things off, let's start with an icebreaker. what is the most annoying thing about loan platforms that has happened to you. leave it in the comment. For me, it is the way they call me about people i don't even know. 🎲🤔

For me, it is the way they send messages and recently the way they call, i think that call is automated, because they will just call you and say "Hello sososososo, tell sosososo person to pay up his loan, if not, they will do xxxxx".

or there was a time, palmpay was trending on social media, where skit makers samples palmpay agents as they disguise to come and arrest or harrass you. one funny one i saw was they one that they dressed as a Jehovah witness, and they will ask you, are you aina rasheedi,

but the first question is, why will you collect loan and the agent will be disguising before they can get to you and ask for their money.

Sweetrose, TheMoneyFlexTribe will be helping us to shed more light on this today.

At the end of today's series

  1. you will understand short, midterm and longterm loan

  2. What you should consider before taking a loan

  3. When to take a loan and the options that are available to you.

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News

  1. Binance CEO resigns

  2. OpenAI CEO sacked and replaced two times.

  3. Bitcoin Price today is

Let's get started

some months ago, i came across one Kalu Aja's post on x, it says you do not use bank loans to start a business.

  1. How are they different from mid term to long term loans?

  2. Taking loans in web3.

  3. what should you consider before taking a loan

Conclusion

so what are short term loans ? i came across a , that talked about people's experience on loan apps. short term loans, or as i like to call it, a quick fix: are loans that you repay back in a short period, usually within a year. example is a salary advance or loan apps, or microfinance.

link
https://twitter.com/i/spaces/1gqxvQwvWBwJB?s=20twitter.com
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