I've never taken out a loan for that much money. I dread to think that someday I might need to take out such a mortgage. The purpose of my loans is usually to buy equipment or pay for my daughter's university. For such purposes, I take out short-term loans with a low-interest rate. I try not to borrow money from relatives and friends because such actions always spoil relationships. It is easier for me to sign a bank contract and not worry about the consequences. If I need a small amount of money, I take out a loan from SMSmoney. This type of credit involves quick repayment.