When it comes to taking out a loan for your house or for a car, the bank will give you an amount that they are willing to loan you. Many people mistakenly think that banks would not risk giving you too much money, and go ahead and borrow the entire amount. Too often these people later find themselves in a pinch as expenses rise or their job situation changes. Here are three areas to look at when it comes to borrowing money for expensive purchases. 1) The first area you should look at is how much can you really afford. … Continue reading →