Well, it depends on whether you really need the thing you want to purchase or finance with your borrowed money. The only way it would make sense to get a second personal loan is if it places you in a position which grants you better opportunities to escape your debt cycle.

Lets say for instance you need a reliable mode of transport to get you to work, or you want to capitalize on an opportunity that helps you grow your ability to earn more income. Continue reading « Yes You Can Pay Off A Personal Loan Early But It May Not Be A Good Idea Select Explains Why »