Nope. Excepting a mortgage and yes, I always repaid as per the mortgage agreement.
I used to take loans out at the drop of a hat, and repay them regularly. That was a few years back. Since then i have been spending only what i earn, and haven't spent on credit since two years ago. I haven't got any loans either, so i am in a good state at the moment.
Institutions offer loans in order for them to make a profit. They take calculated risks thinking that the amount of interest they collect will sufficiently outweigh the risk.
For people that are very disciplined a great way of making or saving money is to take advantage of the low interest loans or loans with teaser rates (ie. very low rates for 6-12 months). For example, i can borrow 5K at 1% for 6 months and put it into a 6 month GIC at 3%. I make 2% after 6 months. However, if I can't pay back the money after 6 months the interest rate might jump to 10% and i will immediately start to lose money.
If you are very disciplined about paying loans back (and on time) take the loans. If you have a tendency to miss payments or be late with payments you should never take a loan.
by Gary Anderson 8 years ago
I must warn people from Australia with one Seeking Alpha article I just put out. Hope this will stand for your benefits, since I don't make any money on Seeking Alpha articles. I know some of you are from Australia.If you have a house and need the money from it, you should sell and rent now. What...
by Gary Anderson 7 years ago
Hi Marissa, a warning to Aussies: the housing bubble party is coming to an end: http://globaleconomicanalysis.blogspot. … s-now.htmlMish is usually pretty accurate about banker abuse and economic realities. I don't agree with him about some things, but much of what he says is true.
by Jane@CM 8 years ago
How long does it take you to adjust to major changes in your life. For example, unemployment, a child moving out, a child getting married, relocation, starting a new job, etc.I'm learning it takes me about 4 weeks to adjust.And you?
by Charlu 6 years ago
Do you go to the doctor at the drop of a hat, wait until your half dead, or somewhere in the middle?
by Kenneth C Agudo 5 years ago
Would you think I must apply now for adsense? I have almost 35 hubs, is it okay now? I have read some forum that they got approved without the 6 month thingy. Some got approved in 3 weeks.
by Dr. John Anderson 6 years ago
To meet the 'quality' standard to avoid hubs getting sleepy ZZZd just follow these rules:=> A minimum of 1500 words of truly informative, well-written, useful content => A minimum of 5 relevant, high-resolution, properly-attributed photos (ideally your own) => 2 videos (ideally your own)...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|