Psychological Barriers Of Taking Your First Loan

When is the last time you considered a personal loan? This is a question that will have varied answers. Some people might say that they need cash now to purchase a diamond ring for his loved one, and then other people will answer that extra money is required to arrange for a small get together party to…

Using Credit Facilities Can Induce Responsible Behavior

It is generally believed that if one is allowed to use credit facilities to pay for his expenses, things can possibly spiral out of control he would soon be spending money in a most irresponsible way. Recent studies, however, have shown that a person who uses credit facilities like credit cards tend to be more responsible than…

Why Use Business Loans Instead Of Personal Loans For Business

If you are planning to start your own business or setup a home office, it is imperative that you would be in requirement of funding. It would be nice to have a reserve of personal funds that can be used for commencing a business.  But for many people, required capital needed to for these activities have to…

Bad Aspects Of Borrowing Study Loans From Family Members

In the event that you have decided to go for higher education that you have always wanted and need borrowed funds, apparently the most viable option that one may think of is to borrow money from a family member or a relative. Often times, almost everyone have a cool uncle or godfather who will not blink an…