| There are as many reasons to borrow money as | | | | popular. It comes as no surprise then that on the |
| there are things to spend it on. People borrow for | | | | list of categories for the purposes of their loans |
| all of these various reasons. The boom currently | | | | that banks have on application forms, plastic |
| being experienced by the consumer credit | | | | surgery is joining the ranks of car and home loans |
| industry is proof of this. While there are many | | | | as a standard reason to borrow. |
| standard reasons why people will seek a loan, | | | | Another area that is growing in popularity is the |
| there are also many very unusual ones. | | | | borrowing of money to buy expensive exotic |
| If you think all loans go towards buying or | | | | pets. Imagine the reaction of the lending agent |
| improving a house, buying an automobile or taking | | | | who read the application for a £15,000 loan |
| a holiday, think again. This is by no means a | | | | to buy a camel. Or the customer who wanted a |
| comprehensive list of what people borrow for. | | | | black stallion worth over £10,000. More and |
| One recent study into the purposes of personal | | | | more people are abandoning cats and dogs and |
| loans uncovered some surprising results. For | | | | choosing reptiles, monkeys and even insects as |
| example, over 57% of the people surveyed in | | | | their new best friends. |
| this British pole believed that plastic surgery would | | | | Other loan applications have shown a property |
| make them happier. Cosmetic surgery can run | | | | developer interested in converting a cave into a |
| into the thousands of pounds and as it grows in | | | | fully modern home, and a medieval knight |
| popularity, so too does it grow as a reason for | | | | enthusiast who wished to buy a suit of armor for |
| borrowing money. | | | | £5,000. |
| Or did you know that out of the 90% of Britons | | | | It is perhaps to be expected that while the types |
| who would like to change at least one aspect of | | | | and methods of obtaining credit have rapidly |
| their appearance, 10% of them would be willing to | | | | diversified, so too have our various uses for it. |
| go into debt to do it. With plastic surgery rates | | | | Nowadays, not only can anyone get a loan, but |
| rising by an average of 50% a year, what once | | | | they can get it for funding even the most |
| would have been considered a very strange use | | | | hair-brained of schemes. Who knows what |
| of borrowed money is becoming more and more | | | | amusing results this will lead to? |