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How do you get a loan?

Whitney Matthews

in Student Loans

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1 answer

Kristi Hammond on April 17, 2018

Usually, speaking with your bank is a good idea if you need to buysomething large. You can ask a family member for something small. If you have a credit card is pretty the equivalent of aloan... you buy something and pay for it later. There are also student loans you can apply through your government or your school, and "pay day" loans that give moneyuntil you get paid. They are a super bad idea, though unlessyou have no other option. Horrible conditions of payment and sanctions. It is almost always better to save the money ahead of time thanto get a loan. Only big things like houses and maybe the university areworth the burden of the debt.

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