Wise Borrowers are very
careful about their borrowing behavior and make sure they eliminate as much potential risk as possible from the borrowing process.
However, be
careful about borrowing too much, and never borrow more than you need just because you can.
Not exact matches
I might make a comment to her
about if she
borrows it again to be more
careful, but I wouldn't make her repurchase it.
Like any type of loan that relies on your home as collateral, cash - out refinances pose considerable risk if you aren't
careful about how much you
borrow and how you use it.
Now, banks are more
careful about who they give money to and how much they let you
borrow.
We believe that the enhanced consumer information that the Department will provide, which will include voluntary PLUS loan counseling for all student and parent PLUS borrowers, and the mandatory PLUS loan counseling for certain borrowers will help students and parents to understand the obligations associated with
borrowing a PLUS loan and assist them in making
careful decisions
about taking on student loan debt.
However, if you are not
careful about how you
borrow money to pay for college, you may find yourself holding a new diploma while sitting on a mountain of debt.