FINANCIAL LITERACY HUB
FINANCIAL LITERACY HUB
February 9, 2025 at 06:07 AM
*What to Know Before Borrowing* 📌The amount of your loan, including principal, interest and fees 📌The sources of income and/or savings you have, to make the loan repayments 📌When you will actually get the loan money in your hands (will it be received within the time you need it?) 📌That your investment from the loan generates a return which is high enough to cover the total cost of credit and to make a profit *These are very key before you go for a loan*
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