Credit Cards, Car Loans, Department Store Cards, Home Loans, Equity Loans...There's a whole lot of credit going on, and the older you get, the more people will try to sell it to you. The bottom line is that, all credit costs you is money-and some loans will cost a lot more than others. It's all too easy to get trapped in a very expensive loan.
Once you understand how loans work, you'll be armed with the knowledge to decide the best type of credit for any situation.
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