Monday, June 02, 2008

Tips On Getting Your Loan

Tips On Getting Your Loan
So, you want to get a loan? Here are some simple tips that will help you make an informed decision about what kind to get, and who to get it from. First ask yourself: do you really need it? Can you manage without it? Is it for something frivolous, like a holiday? Could you get the money by other means: part-time job, from a relative, the sale an asset? Don't put a monkey on your back if you can avoid it.
A loan varies according to:
The amount borrowed;
The interest rate;
The type of rate (fixed or variable);
The term (repayment time in months or years);
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