1. First of all, whether you are a credit or a mortgage. Credit will only be overdue, which will affect your future credit. Now is the era of big data, and it is not easy to apply for a credit card. Serious overdue will even limit high consumption. In addition, the collection meeting will call you every day. Loans overdue's heavily mortgaged banks will auction your house directly at the lowest market price. The bank took the money from the bank, and the rest is yours.
2. The interest on bank loans is still quite low. You should consider what it is used for. If you buy luxury jewelry or other high consumption, I personally don't recommend you to borrow money. After a long time, you will easily rely on the money from the loan, and finally you will hurt yourself. If you are doing business or investing, consider the pros and cons and prepare for the worst first. You can try to borrow some money first. Of course, the decision is in your hands, for reference only!