Personal Loans 101 is a financial literacy initiative offered by American Financial Services Association(ASFA) Education Foundation. The project is to educate potential borrowers about traditional loans.
The AFSA has provided this document with helpful information to assist in deciding whether to obtain a persona loan, allowing you to consider the benefits and responsibilities. This downloadable brochure provides worksheets that allows you to work out your monthly budgets to gauge your ability to repay a loan, and compare different loan costs.