Could a student loan be preferable?
Thursday September 18, 2008
A student loan can sometimes be a preferable option to saving for something you need. PersonalLoan.com.au has an article arguing that sometimes taking out a personal loan allows you to use something now that is worth paying the extra interest charges for. For students looking to move out of home, this could be a good option for getting furniture as it allows you to move out as soon as possible and then afterwards pay off your student loan.