Getting a loan is serious business. Nearly everything in life requires a financial backing to make a large purchase unless you have plenty of money. A loan will allow you to build a new home, buy a car or build a building that will benefit hundreds of people. Before jumping out there and going into debt, you need to ask yourself a few questions. Making sure you can take on a loan is just as important as the approval. Can My Income Justify This Loan? The debt to ratio may seem okay on paper, but you know your financial situation way better than the banks. See, they don’t factor in all the extra costs like your dry cleaning and your home’s utility bills. After you […]
The post Should I Get a Loan? : Ask Yourself These Questions appeared first on Dumb Little Man.
Sig Nordal 