Have you ever had to take a loan?

I'm considering it. I know I can pay it back I just feel like it might help me to have the cash upfront then pay it back with the lump sums I should be getting.
So Im not rationing so to speak my money.

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Chiefjustice · 46-50, M

Do not take a payday loan. If you must it should be through a reputable bank and you should understand all you terms and ins and outs.no colletral etc.

Mellowgirl · 31-35, F

@Chiefjustice no never pay day. That's why I'm looking at the Apr. Tbh another person here suggested a credit card but I'm assuming because I've never taken one out before thats why I'm only eligible for the ones with 6 months 0% apr then it shoots up to 29.5+ which is crazy to me. I don't want to take a 3k loan only to have to pay nearly 4 or 5 k back.

Chiefjustice · 46-50, M

@Mellowgirl evaliered all your options, if you think you will need cash to do better.Then look at the overall cost. Alone or line of credit will give you cash options which is not real than a credit card.
However, interest rate may vary, so you really need to look at the total cost of borrowing for each of the options and what your needs are;

1) Fixed loan
2) Line of Credit
3) Credit Card

I would highly recommend you meeting with a financial/bank advisor and ask them to lay it out for you For each of the options, total cost of borrowing monthly and yearly and then make an informed decision.

Mellowgirl · 31-35, F

@Chiefjustice thank you