The latest Clay Shaw Butler Money Matters column from the Carmarthenshire Herald
The latest Clay Shaw Butler Money Matters column from the Carmarthenshire Herald. By Mark Jones, director of Carmarthen-based Clay Shaw Butler chartered accountants and business consultants. You’ve only got to look at the wall-to-wall coverage Greece’s problems to realise that getting into debt can bring a whole host of problems. Last week, we put the spotlight on some of the pitfalls of debt. But many of us will recognise that there are times in life when you do need to venture into the world of borrowing. If you are aware of the issues, then there is nothing wrong in debt, as long as you understand what you are getting into - and have a secure plan to pay back any loan. If you want to borrow money and pay back an amount every month, a personal loan is one option you can consider. Here’s what you need to think about before you borrow . . . Personal loans are loans that a bank or other lender makes that are not secured against any asset such as your property. They’re also known as un...