Do you prefer to take a loan or buy goods in credit?

[Stardom22]

I realised that taking the loans to buy in cash is better than taking goods in hire purchase.

 

[Sanjeev]

I never use credit cards in my entire life. It means I pay products or services in cash.

I also have never thought of purchasing things through credit card. I have never owned a credit card because I hate buying things on credit. When I have a cash I purchase things otherwise not.

 

[Ratine]

In most of the time, when l buy items in cash there is actually no interests charged on that.

 

[SHAHID987]

Buying goods on credit remain good option for me because whenever I took loan then at the time of its payment it given me much more stress.

 

[King Belieal]

I would rather buy goods on credit rather than take a loan. At least, I won't have to pay interest of I get goods on credit.

 

[Starmix]

I don't apply for a loan for something nor apply for a credit either. It's not good to do the two.

 

[Ratine]

I do prefer taking loans to buy the most expensive products as l don't afford buying them in cash.

 

[Passiveearner]

I have no problem buying goods and paying for those goods later on as long as I don't need to pay interest. I think buy now pay later services can help people purchase many things as long as no interest or usury is involved.

I do prefer taking loans to buy the most expensive products as l don't afford buying them in cash.

 

[Fidelia]

I would rather buy goods on credit from offline stores that I am a regular customer than take a loan.

 

[Passiveearner]

The biggest problem with buying goods on credit us the fact that you have to pay interest even if you purchase goods on installment. This can greatly increase debt and your budget can get destroyed.

I would rather buy goods on credit from offline stores that I am a regular customer than take a loan.