The debtor will be allowed to use the funds for investment activities. If the contract does not specify the purpose of the funds, it can
Second, why can't the money from online loans be used for investment?
The money from online loans cannot be used for investment and other online loans, which is a way to control personal consumption. This is also a hint.
There is too much over-consumption now, and we will gradually raise loans with loans. Invest with loans. Loans are increasing. Make many people unable to repay. There are many bad debts.
The online loan company has now written in more detail in the terms, and what aspects of the loan cannot be done. There is a certain basis.
Of course, it is more formal to ask for a bank loan.
Most online loans have high interest rates and are unreliable. You can find a regular online loan company.
Third, what are the consequences of using the money borrowed from microfinance to stock market?
Of course there are risks. I lost money in stock trading, and I didn't even have the money to repay the micro-loan. Stock trading is also an investment, and investment is risky. To have the ability to control risks, we need to analyze and think.
Fourth, why can't I borrow money to invest?
Why investors are generally not advised to borrow money for stock trading, because the risk of stock trading is still quite large. In the stock market, it is 7 losses and 2 draws 1, and a few people make money, so the average investor has a greater probability of losing money and the risk of borrowing money for stock trading is also greater. Even a small number of people who can make money dare not borrow money for stock trading easily, because no one can always make money without losing several times. In case the lent money happens to encounter losses, it will destroy the wealth accumulated over the years.