11/30/2021
A lot of people are afraid of high interest/high cost loan programs. However, I always operate by one simple principal ----
If it MAKES you money π€ ...then it costs you NOTHING π«
There is a time and place for everything, and that includes high cost loans. If you need money FAST, or your credit isn't in a position to be approved for a low interest loan but you have an opportunity that will allow you to make more money than the high interest loan will cost...then its a no brainer.
Stop looking at things in terms of fees and interest and instead focus on your net gain.