Life has ups and downs. You might have a fool proof plan to do something in life. For example, you might have a plan to get into some college and work as an intern with some company and when you are done you might want to join some company. You could have been thinking that you clearly know whine to approach and what to tell and where to go and what you have to do. But things might change over night and people like Trump might even win as a presidential candidate. A world may become a nightmare to live in therefore stop over planning. Sometimes, when you had planned so much; and nothing goes as planned it would be a nightmare and you will start questioning your own self worth and use of you even living. Being ambitious with fool proof plan is not a mistake and of course it is important in everyone’s life. But, it is important to understand and give a position for the pessimistic views. That way you will know when something is off you will know what to do.
A normal example would be people applying for bank loans for starting a new business. Banks are safe medium to get loans but the level of safely is a question mark. There are banks like Standard Chattered bank and HDFC who have branches in most of the countries. They had apparently added a cause stating that a person who had taken loan cannot file any kind of criminal case against the bank with regards to whatever. If the bank is ceasing something or even physically harming a person, bank or the bank officials are not held responsible. Most of the time, banks do not give investment for start-up business loan in Singapore.
It is like being safe on the banks part because you might be getting money for entirely different business or anything could go wrong where bank will not have proper security. Bank would not be talking risks without hundred percent assuring from the person. In these situations you can approach one of the licensed money lenders.
There are some problems with these money lenders. Though they tell the loan is for small interest in their advertisements, they never will give it for small amount of money. Moreover, there is a high chance of you being just putting with debt and not able to pay it every again. Moreover you will be subjected to various kinds of discrimination and other kinds of reasons.