What are the 6 Worst Things About the Loan Watch?
Loan Watch;Are you a person who is in debt? You need money and it is not easy to get the money, so the only way to get the money is to go for a loan. This is the worst thing that will happen in your life.
There are certain things that will cause major problems for the people who have loans, especially those who have bad credit rating. This is the most annoying thing that can ruin your life. But if you are planning to get a loan then you will definitely need to know about the 6 worst things that can happen when you get the loan.
The loan watch is one of the worst things that can happen to you, as it will control your movements and you will not be able to leave your house for any purpose. When you get this loan you will be under constant supervision and you will be under the eyes of the bank.
Your personal details
You need to submit your personal information when you want to get the loan. Your full name, your address, your social security number and your salary. In return you will receive the loan of Rs. 50,000 and you will be required to pay back the loan within three months.
In the loan application form you have to mention that you will be able to pay the loan within the deadline, but after you have submitted the form, the bank will call you and they will remind you of your commitment. So, this is the worst thing that can happen when you get the loan.
It is very common for the people to be late in their loan payments. In this situation you will get the loan late payment charges. So, this is the worst thing that can happen in your life.
Sudden job loss
This is the most terrible thing for a person who has a loan. When you have the loan and your boss is replaced suddenly, you will be sacked from your job immediately and you will also lose the loan.
In this way the loan watch will change your whole life and you will never forget it. So, try to avoid this thing.
The 7 Worst Things About The Loan Watch
Nowadays the loan watch has become the trendiest thing that girls are wearing. There is no doubt about that. You don’t know when you will need the money.
If you have a loan watch then you can get an idea about the amount of the loan, interest rate, and how much you will have to pay monthly.
But let’s talk about the drawbacks of this trend.
Here are the 7 worst things about the loan watch.
Not getting in touch with your bank
If you want to take the money from your bank then you will have to put a lot of efforts in that. But the problem is that you cannot see your bank account details on your watch. You need to take a mobile phone to check your account details.
The data is in a wrong place
There is no doubt that the watch is small and has a small screen so the data will be in a very small space and you need to remember all the numbers.
The battery is small
You can’t change the battery easily. In fact you can’t do anything with the battery. If you are not careful enough then you will waste a lot of time in finding the charger.
The watch is only for men
You can find a lot of watchbands available for women but none of them are for the loan watch.
Your watch will break soon
The watch is made up of plastic and it may get damaged in case you accidentally drop it. So, you will have to throw it in the dustbin after a year.
So, these are the 6 worst things that can happen when you get the loan.