Post details: My Thoughts On Loans

08/17/07

Permalink 09:10:41 am, by Email , 168 words   English (CA)
Categories: General Shtuff

My Thoughts On Loans

Last week here in Canada the rules governing payday loans were changed in order that consumers would be better informed of interest rates, and other possible related charges for these services.

I believe this is a good thing, as in my opinion many people get into credit problems because they do not make certain they get all the facts they need prior to borrowing. It's not that the information is not out there, and available to the public, it is in my opinion an issue of some people not going that extra mile, and actually learning about what they are really getting into.

When it comes to refinance or a long term commitment such as a mortgage loan it is imperative that we all do some comparison shopping, and look for a lender that will most accommodate our own circumstances. I think that is one way to insure that we have a good borrowing experience, and avoid getting into a bad credit situation.

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Comments:

Comment from: john [Visitor] Email
good post
PermalinkPermalink 09/02/08 @ 05:44

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