Unsecured loan instead of saving

Unsecured loan instead of saving

18 September 2008

Unsecured loan use can sometimes be a sound alternative to saving. PersonalLoan.com.au recently released an article suggesting that sometimes using a personal loan to buy assets that would be useful now can be more sensible than saving. While an unsecured loan would rarely be used for a car, it might be used to buy equipment for a business. Some assets are better off being saved for though, as there can be risk in using an unsecured loan.

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