3 Bad Reasons to Borrow — and 2 Good Ones

In a perfect world, you’d never have to borrow money. You’d always save for things like car repairs, medical treatments or Caribbean vacations. Of course, that’s not realistic. In fact, 46% of consumers don’t have even $400 saved for emergencies, according to a 2016 Federal Reserve report. Meanwhile, the number of consumers with personal loans…

from NerdWallet


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