Can I build assets with Personal loans?

Category: personal loan faq

Yes, you certainly can. However, an asset will only rise in value if the rate of interest you pay on the loan is higher. As a result, taking out a personal loan to pay for your child’s education will provide better results in the long run than investing in a Plasma/LCD television, which depreciates over time. A well-thought-out personal loan can help you build personal wealth.

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