kayode10
VIP Contributor
Most of the financial expert usually advice people to make use of a loan to buy asset. That is we should use our loan to buy something that will bring in more money into our pocket.
Majority of them often claim that this is the reason why financial institution will borrow you money to buy real estate property because it offers a guarantee of recouping back their loan.
I agree with all the things the financial experts said about assets and liability. But there are some liabilities which are necessity. That is you are required does the ability to make life better for you.
One of those liabilities is car. So I want to ask her I can someone obtain a loan to buy a car?
Majority of them often claim that this is the reason why financial institution will borrow you money to buy real estate property because it offers a guarantee of recouping back their loan.
I agree with all the things the financial experts said about assets and liability. But there are some liabilities which are necessity. That is you are required does the ability to make life better for you.
One of those liabilities is car. So I want to ask her I can someone obtain a loan to buy a car?