Why do you take a loan?

[wry]

I've seen that a few more folks have set up shop in the lending section offing loans.  Given the potential returns, this does not surprise me at all.

However, what I'm more curious about is why does anyone TAKE out a loan to play?  After all, there is a house edge so you should expect to not win, and the interest rate you have to pay makes that an even bigger disadvantage.

I realize a popular exit scam is to take out loans and then disappear, so that is a possibility.  The only other reason I can think of is if a contest is about to close and you want to be a part of that.

So if you've taken out a loan or routinely do so, why?

Thanks!

[PeterPine]

Either for a boost or real emergency. I tend not to take them unless necessary and know I can pay back.

[Lorik]

not loans it's not mine I did not take them and will not take them (clutches on my neck)

[wry]

On 4/14/2018 at 11:55 PM, PeterPine said:

Either for a boost or real emergency. I tend not to take them unless necessary and know I can pay back.

@PeterPine thanks for your response, but what is a boost?

I agree, it seems so unwise to take them, but many do, maybe I need to ask them directly as clearly this tread wasn't too popular.

Thanks!

[Jakubb]

I actually don't take loans also i don't loan, the reason behind is you never know what's gonna happen next day. You may lose everything, and go in debt, nobody wants to be called a scammer, right? Also loaning is dangerous, people may lose, and just be scared to stand up to it and just leave you, without giving back. They get banned, but you still lose. It's a dangerous case. I wouldn't recommend taking them, unless you have always something at back hand to pay back just in case.

[wilbur]

From my experience, people take loans because:

1.There depo is taking forever or sleeping on blockchain lok

2. Tomorrow is their payday and they are itching to play

3. Night time in their place and they are lazy to go out

4. No money atm

5. Desperate, and really wants to play

6. Intended to exit. But first play with people's money

These are just some reasons

[xtinepink]

because they want to play and can't avoid the itching hands to click in online games. lol 

We just have to be careful who to lend. 

[Han2x]

Sometimes loan is not necessary but you just feel you will win. But in the end you will end up busting. Seeing everyone winning on a particular game so you wanna try your luck and get some loan but you just bust. I really hate to loan but I can't stop making loans. If you are an addict in gambling then you are into loan also. I think I'm already addict in gambling.