# personal loan questions...

**URL:** <https://forums.speedlife.net/t/personal-loan-questions/249020>\
**Category:** Shift518 Off Topic\
**Created:** [December 12, 2009, 3:40pm UTC](https://forums.speedlife.net/t/personal-loan-questions/249020 "2009-12-12T15:40:22Z")\
**Posts on this page:** 1\
**Showing post:** 10

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**Author:** ![SSmokinn\_SS](https://avatars.discourse-cdn.com/v4/letter/s/ec9cab/32.png) [@SSmokinn\_SS](https://forums.speedlife.net/u/SSmokinn_SS)\
**Post date:** [December 12, 2009, 5:07pm UTC](https://forums.speedlife.net/t/personal-loan-questions/249020/10 "2009-12-12T17:07:38Z")

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> [@So what's next?](https://forums.speedlife.net/t/so-whats-next/27543/42):
>
> a personal loan has no collateral against it(no vehicle lean), hence the higher interest. i def would not take over his personal loan. if anything go get ur own and if you have good credit itll prolly be less interest than his is.
> 
> i only take personal loans on cars if they are a small amount (say like under 7 gs) and i know i am going to pay them off quickly. take out the max term to get ur monthly real low, then double or triple the payment and shell be paid in no time.

yah…sounds good.

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