Source: DEAL WITH YOUR DEBT
BAD loans to avoid
1) Payday loans
2) Rent-to-own deals
3) Tile or "pink slip" loans
4) Direct-deposit advances
5) Refund anticipation loans
6) Pawnshop loans
7) 125 or high-loan-to-value mortgages
8) Debt-consolidation loans
9) Margin loans
Also myths on housing
1) Real estate prices always rise
2) A house is a great investment
3) Buying is always better than renting
4) homeownership comes with great tax breaks
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