LOAN OFFICER REVEALS THE MOST RIDICULOUS REASONS FOR TAKING A LOAN

I’m working for a financial institution (I can’t name it as I might lose my job) in Singapore as a loan officer and I would like to share my story working there.

Imagine most people would only go into debt and take a loan for the most legit and proper reasons like buying a car, buying a home or a business loan.

But I have encountered some weirdos while working and here is some of them. I wished people could grow a brain before they come in to waste my time.

Top 5 weird reasons people take a loan:

1. A man who was not able to secure much of a personal loan appealed to me and asked for more, his reason:
   “I want to take more loan so i can return to loan shark”.
   
2. A woman came in for a personal loan and said: “I need the money to do plastic surgery for my boyfriend”.
   
3. A couple: “We would like to take a loan so we can afford our dream holiday to Paris for a month”
   Me: A month, Don’t you have to work?
   couple: “don’t worry we just lost our jobs”
   
4. An old auntie: “I want to take a loan to buy a massage chair”
   Me: “Auntie, you want to buy a massage chair you take instalments not a loan”
   Auntie: “My credit card maxed out”
   
5. An uncle: “I need to invest in something”
   Me: What thing?
   uncle: “I need to double my investments as I recently lost my investment.
   Me: What did you invest?
   uncle: “Its a highly profitable business”
   Me: Can you tell me exactly the nature of the business?
   uncle: “I need it to go MBS”
   *faint*

Conclusion

I know financial institutes will allow these potential “customers” to see a loan officer but many of them are a complete waste of time.