Abstract
As far as attitudes towards credit are concerned, there are two notable trends - a greater level of concern over the amount of debt outstanding, and a correspondingly greater emphasis on financial responsibility.
In today' s borrow-now, pay-later culture, personal loans can be seen as being too inflexible when compared to a credit card. The generally lower interest rates and the discipline that a fixed repayment schedule requires, however, should sit well with the new mood of responsible borrowing.
View Cart
