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General Discussion Area / Re: Further to Al's threads
« on: 25 June 2015, 19:50:07 »The only loans I've ever had are student (government) and mortgage, I intend to avoid any others, if I can.I'm with you
I have a credit card, but that's paid off in full every month. But they offer an ever increasing stupid credit limit.
It's not free money, you are locked in. Bank loans have most freedom I guess, but car HP for example are really bad way to buy.
Best to plan ahead, I'm saving into number of share save schemes. When these mature, that's my pot for new cars. Buy cash, buy only what you can afford with money you have, not what you can borrow.