no more loan sharking
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It seems like you may be referring to avoiding or speaking out against loan sharking, which is an illegal and predatory practice. Loan sharking typically involves offering loans at extremely high interest rates, often under exploitative terms. It’s important to be aware of such practices and seek legitimate financial solutions, such as registered lending institutions, to avoid being taken advantage of.
Your statement "no more loan sharking" expresses a strong desire to eliminate or prevent this harmful practice. It's a sentiment shared by many, as loan sharking has devastating consequences for individuals, families, and even the broader economy.
You're asking about how a Globe SIM card can be used in relation to getting a loan in the Philippines. It's important to differentiate between two main scenarios:
Directly borrowing "load" or small amounts for telco services: Globe offers services where you can borrow mobile load or promos directly from them, usually paid back with your next top-up. This is not a personal cash loan but a small credit for telecommunication services. This is typically done through SMS or the GlobeOne app.
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