What type of loans do you have?

I don't have any type of loans and I wouldn't get any loan because of increment in intrest any time the bank wants.

What about you? What loans do you got and what's your opinion about loans?

it is a hassle, and you never know if they will just forclose or take your collateral or something. small loans are okay for me, and if i have a cosigner, its pretty safe.

[Jeremy]

Having no debt is great if you can pull it off, but it's pretty difficult to go your whole life without ever borrowing money. Especially if you want to own a house.

I have 2 loans going on currently. One for my computer and one for automatic washing machine. The washing machine loan in on 0% interest and the computer loan i dont know I am paying $100 extra on a loan on $950.

Its good to take a loan if you dont wanna spend in one go. Though by taking a loan for small things can be a hassel in long term.

I have 3 student loans.

I've still got a few student loans I'm paying off. The interest is pretty low, so instead of paying them off all at once, I use the extra money to invest in higher interest investments.

I currently have two student loans that I am paying off, I am getting help from family even though the interest isn't very high.

i have took an educational loan and i completed my degree with that loan and presently i'm in search of a job. I should repay the amount with equal installment including the intrest.

I have taken a home loan to build my new home. But now i am not planning to take any loan due to high interest rates.

I have none, but my parents did have one (They paid it off) I am afraid of the interests and everything. What if I lose my job while having a loan? Duh, scares me!