Pergunta · Credit

What to do before taking a loan?

A loan is neither good nor bad on its own. It is a tool. The problem is using credit to hide a lack of cash.

What is the CET?
Does the installment fit without a new card?
Does the original debt stop growing?
Is there a cheaper option?
Was the reason for the debt corrected?

Understand CET before contracting

Perguntas relacionadas

Is it worth paying the credit card bill with a personal loan?
Almost always yes. Revolving: 350-450% p.a. Loan: 60-200% p.a. The migration pays off in 1-3 months in most cases.
How to get out of credit card revolving?
Stop using the card, compare CET, migrate to cheaper credit, and adjust future bill.