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Personal loan
Getting a Personal Loan to Buy Assets
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[QUOTE="Jasmine, post: 265255, member: 49159"] Loan can be used to buy assets or invest. When you are buying assets you need to take care of a lot of things, for example, whether you are gaining any returns on your assets or not, how much interest you will be paying on your loan and how much returns you will be receiving from your assets, etc. For a lot of people buying a house through a bank loan is the ideal way to become a home owner. If you are buying a home for yourself, you will save money on rents, but you will also pay loan regularly. As a home owner you will also have other financial obligations like insurance, tax, etc. Therefore, you need to do serious calculations whether it is profitable to remain in a rented home or buy a home through a loan. However, if you can rent it out, you will be on profitable side. [/QUOTE]
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