There’s a huge difference between borrowing money at 5% (and this loan is collateralized) to pay for a car you commute to work in, and putting a $10,000 trip o

There’s a huge difference between borrowing money at 5% (and this loan is collateralized) to pay for a car you commute to work in, and putting a $10,000 trip on a credit card at 24% interest and then making minimum payments. The former is a good idea, the latter is a terrible idea.