The risks are actually particularly high, because a person who has multiple borrowings means that the person's finances are particularly risky, and it's very easy for that person to get into financial debt.

What we often refer to as multiple borrowing is actually borrowing on multiple platforms. For those who do not have complete financial experience and knowledge, they do not realize the pressure that borrowing brings to their financial life, and when they fall into the misunderstanding of multiple borrowing, they will feel the pressure, and even fall into the abyss of indebtedness, and it is too late for them to regret.

Many people have multiple borrowing behaviors.

I remember reading a news article about the debt situation of the post-90s, which mentioned that the debt situation of the post-90s has reached 130,000 yuan per capita. It's not that everyone can owe so much money, only that given the current financial situation of young people, many of them are engaged in multiple borrowing behavior, and their own cash flow is very tight, which is a very big financial risk.

Multiple borrowing is likely to lead to a break in one's financial chain.

For those who are multiborrowers, their own cash flow is so tight that they go to multiple platforms to borrow money. It is also for this reason that it is very likely that they will have a serious break in their financial chain,this time will not be able to pay back the installments, or even insolvency, this risk needs to be actively avoided by each and every one of them.

We need to develop good spending habits.

Why? Because many multiple borrowers have bad spending habits, and it's all because of that that these people get caught in the middle of borrowing from multiple platforms. especially for those just out of society, they may feel particularly easy to borrow, but really to their own repayment time will be doubly stressed. Many young people get caught up in the misconception of blind consumerism, a misconception that must be avoided.