Mr Khan on 19 April 2010
Loans should be avoided if they are going into anything that's going to lose value over time. That's why only home loans or small-business loans are smart.
A loan for consumer goods, furniture and such, is a bad idea. You'd be better off sticking with the credit card, since it's only two months till you start work, if you think you'll be in a position to make payments in full by then, it would be better to avoid a loan for something that will have no or very little resale value.
Monster Hunter: pissing me off since 2010.
