Some day private lenders suddenly increase. Because government changed our policy about private lender. In the past, private lenders can not advertise their brand even their name.
After changing policy, private lenders start their advertisement very aggressively. They used all mass media system. I think, that was problem. Because this kind of The official advertising make good image of private lender. So many people can not recognize their bad point. Private lenders do not request high level of credit. But they want to pay high rate. Sometime we need money emergently. So if i get that situation, private lender is very useful. But i have to confidence that i can pay back right away. Always i have to think about preparedness.
I am not sure, but i heard some story. that company is one of the big private lender. when one of the client who can not pay back right time was threatened physically. That company hire Hooligans and then they threaten people who cannot pay back. Protected by law trying to get a hard. Because you can not prove Relevance with private lenders. So always we should keep in mind their dark side.
I'm sick of seeing those private loan commercials. It also does not have good effects on children who watches them. Why bother let them make promote and making troubles from them? I cannot understand these ironic situations.
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