Reasons for taking out a loan or getting quick credit
You might need to pay a larger amount of money for some unforeseen expenses, for example your car needs a repair, your computer breaks or you need an additional car for your spouse who just got a job.
There can be plenty of good reasons why you need a loan at this very moment. However, you need to be sure that you are able to repay that loan and that you have sufficient future cash flows. Otherwise, that loan will just get you into a spiral of interest fees and more loans.
Try to avoid loans for entertainment or consumption, such as going on vacation or getting a new TV. These expenses are not productive, i.e. they will not help you to pay back the money you borrowed. On the other hand, buying a car for your spouse could be very productive: Your spouse might now be able to get to work without a car and could not earn money without a car. With that new car, he or she can take the job and with the salary you will be able to pay back the credit in the future.