This is another post for my 21st Century Class at school. We have been learning a lot about loans and borrowing money through some videos online. I learned that if you borrow money from a bank, you have to do some research about what is the best choice for you and your situation. Some have higher interest rates and some have lower. It just depends on how much you need to loan and how long it will take you to pay it back. If you choose a plan that isn't the best choice for you, you could end up paying way more than you anticipated. Make sure you are also careful with credit cards, because if you're not you can end up with a lot of debt that may be hard to get rid of.
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