Loans?
Obviously, There is more than one type of loan.
Depending upon your personal situation, you might find that what works in one circumstance does not work in another. This means that it is very important for you to educate yourself about different kinds of personal finance so that you are more prepared when you speak with a lending officer, or with a financial counselor. It is especially important that you understand what the particular type of a loan entail, so that you are not pushed into making a wrong decision by a lender that is more interested in a percentage rather than your financial well being.