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Reader Comments (Page 1 of 1)
Nov 29th 2007 @ 10:30PM
BonnySwan said...
Wow. That seems like a terrible idea...that's part of the reason my fiancé and I are waiting as long as we are to get married, because we want to pay for the wedding ourselves and we don't want to (gah) take out a loan to do so. (And we don't want to bite into our house-down-payment, either.)
I would say that everyone should take a close look at that kind of loan and say to themself "Wouldn't I rather be $30k closer to owning a house eventually?" Even in today's real estate market, you're going to buy *eventually,* and your money could be doing such better things than paying for melty ice sculptures...although I think that's the crux of the problem right there: how do we define "better"? It's different for everyone. So that's just my $0.02.
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