The Loan Arranger
Tuesday, July 31st, 2007Hi, here I am with another pointlessly titled blog post. I just thought it was an interesting turn of phrase that might lead somebody to read my blog.
Rather than talk about some heroic, horse-riding masked bank manager, I am going to prattle on about loans and how people these days are given easy access to credit and then finding it increasingly difficult to come up with the payments.
The personal loans that I have had in the past and the ones that I still have outstanding have been a significant expense over the years. Interest is an expense that is almost inescapable in modern life, but if you are impractical and/or unlikely this expense can get out of hand quickly.
Mortgages and secured loans are typically lower interest and longer term than other loans. One figure that you should always consider is the total cost of borrowing.


