Do you know why you should buy on credit?On August 30, 2019 by admin
When we acquire a good “on credit” we are paying something extra for having obtained that money in advance, this extra we pay is called interest. Many people excuse themselves in the interests to say that applying for a loan of any kind does not suit us and that it is better to save.
The amount we want is small and it is not something urgent
This has some validity, because if the amount we want is small and it is not something urgent, we can save until we get it. But, if we talk about bigger purchases like a house, a car or money for a business of our own, the credit does suit us because it allows us to save time.
Since what definitely does NOT fit you is to accept any type of credit
However, pay attention, since what definitely does NOT fit you is to accept any type of credit. Many times for the urgency with which the money is needed and for the lack of information, we end up accepting interest rates that are totally expensive and that make us pay up to almost double what we request.
Today’s recommendation will always be to take a moment to compare what you want to buy. If it is a housing loan, use web tools such as the comparator of Good Finance and observe all the credits in the market, in order to choose the one that suits you.
Buy on credit is that it allows us to “work” what we buy
Another reason to buy on credit is that it allows us to “work” what we buy, so that it pays for itself. For example, if you bought a car, you save on taxis while paying for it. If the credit was for your own business, the same earnings will be paying the credit, etc.
You know, evaluate each situation well to determine what really suits you.
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