Loans in general

I have had various loans over the years and it has been a love/hate relationship.

Many times people, including myself, make bad decisions about getting loans and rush into it but I do think that they can serve a purpose. I think loans for business or to increase the value of your home, or even a mortgages to buy a home can always be a good idea but do not really agree that they should be used to go on holiday or fund a break from work.

I have debts from loans that I need to pay off so I also think that you really need to make sure that you do not let yourself get in the trap of having too much to pay. You always need to be sensible about these things.

There are comparison websites if you are in the market for secured loans and I would always suggest using one to find the best deals.

My last tip is...... always read the small print.