Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
Why You Should Not Buy Liabilities With Personal Loan
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Holicent, post: 285945, member: 76163"] You should not buy liabilities with personal loan. It is not a good idea to use your personal loan for paying for any debts. You need to look at the total amount of debt and see what the interest rate is on that debt. If you are going to pay off those debts with your personal loan, then you will have to pay more than what the interest rate is on that loan. The first reason why you should not buy liabilities with your personal loan is because it will make it very hard to pay back the loan. When you have a lot of debt, then there are many different things that can happen. One of them could be that they will foreclose on your house or they could take away all of your assets like cars and other items. Another reason why it is not a good idea to use your personal loan for paying off debts is because if something happens and one of those debts gets paid off early, then it could cause problems down the road when it comes time for paying back the loans. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
Why You Should Not Buy Liabilities With Personal Loan
Top