Who is not safe to get a loan from?

Answer 1

It's not safe to get a loan from predatory lenders, who often charge exorbitant interest rates and fees, leading borrowers into a cycle of debt. Additionally, individuals or companies that lack proper licensing or regulation should be avoided, as they may not adhere to ethical lending practices. It's also wise to steer clear of lenders who pressure you for personal information or provide vague loan terms, as this can indicate potential scams. Always research and choose reputable financial institutions.