Actually , this year I fearlessly applied for two loans . One to pay-off our house mortgage since the developer offered a 60% discount if it will be fully paid in cash. Financially wise it’s a good offer I was able to resist because aside from the big discount, I can have the Certificate of Title which I longed to have for years now.Second, I have to apply for a loan to pay in cash half the price of our Mitsubishi Adventure. The original owner ( who is a close friend too!) offered the SUV at a very good price. I was hesitant at first but due to the need to have a bigger ride, me and hubby applied for another loan.
This is a leap of faith! Praise God each month the total amount of amortization is paid on time . Thanks to God for our online income.