How To Get A Great Loan
| Money : Borrowing A great loan, most people think, is one that has the lowest interest rate. Whilst this is broadly correct, there are other things that it is important that you consider when comparing and contrasting loans to make sure what you think is a great loan for you really is a great loan for you! Firstly, you need to make sure you understand whether the loan is secured or unsecured! Work out your monthly payments for sure, but the most important one is probably to find out how much you end up paying in total. This figure is the best to use to compare across the board and find out the best loan for you - the total amount you pay back is probably the most useful figure for you. Finally think about how flexible the loan is - are there repayment holidays? What happens if you over or underpay each month - is it fixed in stone what you must pay each month or is it flexible? By asking and exploring these questions you should be able to get a good idea of how suited to you the loan is.
 Questions about money management:
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