Don’t take personal loans at high rates, especially from sketchy private lenders. The rates and fees may be hidden, and their ways of retrieving money can be dangerous. Getty Images
Don’t take personal loans at high rates, especially from sketchy private lenders. The rates and fees may be hidden, and their ways of retrieving money can be dangerous. Getty Images

Money

When is it a good idea to borrow money?

You can take on debt to buy income-producing assets, especially if the interest rate is lower than your returns

Zach Holz

December 24, 2020

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