Lately, I have been thinking about loans and how dangerous they can be. I have been lucky enough not to need a loan, but I will have to get a personal loan in the future for buying a house and need to find some cheap loans. I am usually scared by the interest rates on loans and the time you have to pay it off. Recently I just started paying monthly bills which will help me get credit for loans in the future. I know a few friends who have secured loans for paying off cars and college bills. I just don’t trust banks enough to want to rely on their money that much.
Nathan Hannig’s Blog
My first hand experience.
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I am in the same boat, just hoping i can find a way around a loan!
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links to good articles on secured loans / homeowner loans
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