How Frequently Do You Get a Loan

[Mika]

No body want to get a loan and to pay back along with interest. However, sometimes it becomes necessary to get a loan either for a personal need or for business and investment. Before diving into a loan, ask yourself why you need it. Most of the time, you can easily get away without having to get a loan. Consider, loan only when it is necessary. If you're in a tight spot with no other options for money, then a loan might be the solution. When you are getting a loan, you will also need to figure out how you'll repay it. You need to ask yourself if with can cover with your income. You also need to ensure that you have all the required documents in order to apply for the loan.

By the way, how frequently do you get a loan?

 

[Suba]

So far I have only taken out two loans, the first was a mortgage loan to purchase a house on credit, and the second was to purchase a car on credit. Even though if you calculate it mathematically, I will lose a lot, but the opportunity to buy your dream house will not be repeated twice, because after a few years, house prices will also rise sharply in line with increasing demand.