Its a generalized feeling people get when they think of loans. Owing money is not the best of situations but a normal loan instalment is not generated by a default. It is a business transaction agreed upon by two parties. It is as normal as buying food at the supermarket or renting a home.The Typical PictureA collector knocking on someones door and people hiding inside, pretending not to be there and wanting to get away with it. This type of feeling when money is owed has gotten so deeply rooted in mainstream society, that somehow it has been generalized to any kind of debt.The ResultThe result is for people to develop the same feeling when they are about to acquire a debt, whatever this may be. Some wise guy invented credit and loans and he was quite right. It meant good business on both sides of the counter and it helped develop a consumer society. The counterpart is a borrower freaking out because he or she cant pay up.If You Havent Realized By Now, what we mean is that people are afraid of the unknown. It all boils down to that. There are infinite varieties of the same situation. But it is precisely that. And when you fear something its because you dread that there will be a bad outcome because you dont know how to avoid what you think is inevitable.Everyone knows what the worst outcome is: You lose the security, or get a bad credit report or whatever, and all caused by a miscalculation or lack of knowledge of what you are getting into. Remember this: There is always a way out of trouble, but what is even better, there is always a way to avoid trouble.How Do We Avoid Trouble?With a good preparation, naturally. Think of it as a theater act. The players are the lender and the borrower. Each have their part in the play and each must know it thoroughly. Why, then, would you enter a business where you feel that your counterpart is getting you into trouble?Find out about the rules, regulations and different features of loans. Yes, I know it sounds like something silly, maybe impossible to do, but its your financial safety, so why wouldnt you care about it? Its the best investment you can ever make, if you are considering, for example, buying a new home.Consider EverythingThink about all the possible things that could go wrong and be one step ahead of events.Ask, investigate, find out. If the problem is that you wont have enough money to pay for the loan, plus your daily expenses, try getting a better job, an extra job, extra income, whatever. Nothing is impossible.Mark My WordsAs soon as you begin to know more about loans, you will feel more confident about what course of action to take. And confidence gives you a better chance of doing things right, with all your energy and believing that youre on the right track. And whatever you believe you can do, you will do, and youll do it right.