Tag Archives: Financial decision-making

Weighing the pros and cons before borrowing

loan pros and cons

In New Zealand, it’s key to think carefully about loans. Borrowing can help you reach your goals, like buying a home or paying for school. But, there are many things to consider, like interest rates and how you’ll pay back the loan. Knowing these details is important for making smart money choices. This article will […]

How Income and Budgeting Affect Loan Decisions

budgeting affect loan decisions

The link between income and budgeting is key to understanding loan decisions. For those looking to borrow, knowing how financial planning affects their options is crucial. Lenders look closely at applicants’ financial health, focusing on income and budgeting skills. Studies from the Federal Reserve Bank Insights show income is a big factor in creditworthiness. The […]