Responsible borrowing, what is that? It cannot be explained in one word, so the following text may help you understand the phrase: the essence of responsible borrowing.
What to do?
Need more money!
There is widespread daily discussion in Latvian mass media about quick loans and insufficient creditworthiness assessment by lenders, which may pose a potential threat to the Latvian economy. The Latvian officials in charge are expressing their views and vision on the current situation in the area of fast lending, which is receiving a great deal of public resonance on well-known portals.
Before talking about a loan with a bad credit history, you first need to understand the concepts of credit history and bad credit history and how they develop!