Glog text
LOANS
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Loans can be a good idea in some situations but not all. If you had an idea about a business say a resaraunt and you got a loan to start it up you better be sure that it's a good idea that's going to pay off or you will be in debt trying to pay off a failed business loan. If that happens then the bank might take something for collateral for instance you house ----->
If you fail to pay off debts they can and will take something of equal value,
You may have a hard time getting a loan if you have not payed all your bills on time or to the full amount.
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