A loan can go a long way to solve your debt problems. But it can also make matters worse if you don’t pay close attention to the terms of the credit agreement.
A credit agreement is a binding contract between you and the credit provider. This means that you and the company have specific rights and responsibilities in terms of the agreement. As you can end up in legal trouble if you break any of the conditions in the agreement, it is very important that you know what you are signing.