Well, my husband and I decided that we needed to renovate the house and get a new vehicle.  We have decided to get a loan to pay for both of our purchases.  This way we wouldn’t tie up too much of our cash.

So, we walked into the bank expecting to get a loan for both.  Sitting down with our banker, she told us that there were two different types of loans we should consider before making our choice.

She explained that there were two major types of loans: unsecured loans and secured homeowner loans.  The thing is we would need one for each.  She proceeded to explain the difference using technical jargon and I started daydreaming….

After we left I had the biggest headache.  Who knew that getting a loan would be so complicated… I sure didn’t.  I hope my husband was paying attention….