Borrowing money is so easy to do these days. If the first place won’t lend it to you, there is often another place that will, at a cost of course.
The following are 6 tips you can take to avoid borrowing mistakes:
- Take your time in making a decision
- Be aware of the interest rate
- Calculate the total cost of borrowing
- Get a second opinion
- Consider all alternatives first
- Take a friend with you