Keep In Mind Your Limit While Borrowing

There are times when we’re faced with a situation where we desperately need money, but realize that the guy lending the money is aware of this. Desperate times don’t always call for desperate measures. Before you sign away your future to debt, consider some key factors that might change your mind:

i. Get details about your loans
ii. Don't borrow over your credit limit
iii. Determine loan interest
iv. Find out the repayment period
v. Ask about repayment methods
vi. Borrow money as per your income
vii. Don't forget about your emergency expenses