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    3. Should i finance a business purchase @10.9 or borrow against my cd's
    Should i finance a business purchase @10.9 or borrow against my cd's

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    0  Views: 203 Answers: 1 Posted: 13 years ago
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      There should be better options than a 10% loan these days.  Can you use the business as collateral   for the loan?  I would be sure the business is a sound opportunity before putting your CD's at risk.  Of course, you must think it is a sound opportuntiy if you are willing to take this risk.  The rate of 10% seems very high.  I would shop around on that rate.

      13 years ago. Rating: 0
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