Can you afford to repay a loan?
- 13th August 2020
- Evgeniy Anisimov
- Finance
A loan can help to get you out of difficult situations, but can also land you back in financial trouble if your repayments aren't affordable and you struggle to repay what you owe. Although many lenders will perform their own affordability assessments, it is paramount that you also know your loan is affordable before agreeing to the repayments. Working out your budget is essential so you know you won't be straining to make ends meet each month. If you have little to no funds at the end of each...
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