You may consider taking out loan insurance to cover your payments in case you become ill or lose your job. You should look at the conditions of this insurance as it may exclude certain things. Examples could be, getting fired or leaving without having another job. Certain sickness conditions could also be applied.
If you apply for a variable rate loan this means your monthly payments may alter in line with any changes in general interest rates. This may be good as interest rates drop, but worse if interest rates rise.
Even if you have bad credit there still may be good deals at low interest rates from our list of approved lenders.
