Doing a quick bit of research on a loan site that one of my loan sites is complaining about and I was looking around a bit at the architecture of the site. Under the dropdown for reasons for the loan, the user has the choice of:
Debt Consolidation- Fair enough. Good reason to do a loan. I’ve considered taking one out here so I can wipe out some of my US debt.
Home Improvement- Totally understandable. In addition to making things pretty, it adds to the value.
Car Finance- Yep. Nothing unusual here.
Cosmetic Surgery- Okay. . . I really don’t believe in cosmetic surgery. . . It’s easy for me to say I guess as I wasn’t cursed with a big honker. I must admit, in my weaker moments, I have thought about having a breast reduction and liposuctioning my ass. However, should I ever go down that road, I would save my pence and pay cash for my new tits. I certainly wouldn’t take out a flipping loan.
And last but not least. . . Holiday.
Holiday. Who the hell takes out a loan to go on holiday?
I’ve done some stupid things in my life with my finances such as selling stock that I should have held on to (1000 shares of Yahoo! at $7.80) and going shopping rather than paying things off, lending student loan cash to a boyfriend and just ignoring credit card bills until it gets boo scary and they start calling you at all hours threatening your life. I am a financial disaster area.
That said, I have never. Ever. Never ever. Ever never taken out a loan to go on holiday.
May 15th, 2007 at 10:45 am
Well I have no idea who takes out a loan to go on holiday, but taking out a loan here to get rid of my debt in the US was the best thing I ever did. No more late payments, funky exchange rates, etc. Now it just comes out of my bank account, no muss, no fuss.
Now that it’s nearly paid off, I’m thinking of doing the same thing again to pay off my student loan.