Mortgage or consumer credit

Mortgage loan has become one of the ways of solving the housing issue. Last time, I thought that the mortgage loan is the only option for housing. I have the mortgage and I pay a regular annuity payments. However, I recently met a man who did not take the mortgage when buying a home, and picked up consumer credit to a maximum. This is my employer Bank salary project and loan turned out for reduced rate 15 per cent. In principle, this is not a great bet.

But the question is what is more profitable and easier? Take a mortgage or checkout and get a cash loan, which can be spent on the purchase of housing. There are both calculated moments it is necessary to calculate a overpayment on a loan, and additional costs when buying housing, which does not depend on, take you a mortgage or cash loan.

Mortgage and Foreclosure Counseling Consumer Credit

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