What do you feel when the company you are working for refuses to give you loans?

[Stardom22]

I have a cousin brother who works with a real estate company. The company was so nice to the employees that they gave them personal loans. To their surprise the company stopped that service abruptly while my cousin was waiting for the loan to go through. If it were you how would you have felt?

 

[magnus2022]

If am him i will feel bad but i will try other alternatives if the loan is very important. Moreover, if you are working with a reliable company, to get loan is not difficult. Once your bank is sure you use to receive monthly payment, to give you loan will not be difficult.

 

[Suba]

Although it may be a very sad feeling, we also have to realize the reality of why the company suddenly stopped the loan service whether this applies to everyone or only to your cousin, if it applies to all employees maybe the company is facing financial constraints, such as expansion plans, opening new branches etc. If it is only for your cousin maybe the reason for the loan is not right.

 

[eLdavis]

I have never tried taking loan from the company I work in, but if they refuse me, am sure I would feel a bit bad about it.

 

[Min George]

No staff is entitled to get loan from the company they work in. It is something that companies do out of goodwill. No one should feel bad if they stop such scheme abruptly. Approach financial institutions for loans.

 

[Augusta]

i will feel bad but then again I would not bear any grouse because I'm sure such happened for a reason and might just be a serious reason

 

[Springtime]

Your cousin will feel bad and disappointed for sure. In my city, most companies do not offer loans to employees. If the employee has financial problem, s(he) needs to seek help from a bank or other financial institutions.

 

[Augusta]

Sometimes it is to see it as nothing but rather a good thing as you might not see yourself in debt

 

[Fire&Rain]

The rela.estate company was Soo good to it's employee's, its not everyday you come across such. In his case I would feel so hurt and sisapointed but I would find other alternatives. The company was only providing a good act.

 

[freelancermaria]

I will feel quite sad, but instead of feeling sad or depressed, I will look for ways to obtain the money I need. The company might have stopped it due to financial issues.

 

[Augusta]

If a company refuses to give you a loan, you might be disappointed, frustrated, undervalued, and potentially even insecure about your financial stability with the company.

 

[bluesky]

There are always other avenues available for you to approach for a loan. So, it is not a big issue at all.

 

[Nomad]

That would certainly feel but I don't see why a company you are working in shouldn't give you a loan. IN fact they can cut your salary for payment.

 

[Augusta]

Sometimes too, it is good to ask them what happened. it is by knowing that you can easily calm your nerves