Comment: Believe it or not, it is

(See in situ)

Believe it or not, it is

Believe it or not, it is still about 2 years before interests rates take off and big inflation sets in. Do not take out debt on credit cards as the interest, which can fluctuate, will eat your lunch. Now, if your house is paid off and you can get a new 20 or 30 year fixed interest loan below 6% or so, that would be a good idea. I doubt anyone could just go out and get an unsecured loan in today's environment, but 5 to 10 years from now a $1000 a month house payment would be chump change, IF you still have a job!