How do you often apply for a loan?

Philippines
August 28, 2008 11:46pm CST
In reality if we have the chance to avail for a loan we always take advantage of it. I do apply for it as well for some reason that I need it to buy household stuff or for some emergency insurgency. It really help a lot for any purpose that we have. and I always make it sure that I have a good credit standing always.
1 response
@Wizzywig (7847)
29 Aug 08
Apart from the mortgage .. never yet. Taking out a loan may mean you can get something sooner but it also means that you pay far more for it in the long run because of the interest on the loan. If I found myself unable to pay basic household bills,I would contact the companies concerned to try to arrange an easier payment plan but, if I needed extra money for something that wasn't absolutely necessary, I'd wait until I'd saved it.