" If you are thinking about buying something like a new car, a new recreational vehicle or a computer, it can be tempting to put it on your existing line of credit. However, in many cases it would be better to get a term loan rather than use that line. Here are a couple of reasons for that.
A car or computer has a certain useful life and when that life is over and it is time to buy a new one, you will be sad if you have not paid for the old one yet. You want to have …" (Full Article)