As I mentioned before, emergency preparedness can cost a whole lot of money. Top of the line gear and equipment does not come cheap, and when your life is on the line, you want to have the best gear that you can depend on. So the question is, should you consider getting loans to finance your disaster preparations?
Obviously, this is only an option you should take for larger purchases, such as a renovation to make your house more secure, or a down payment on a good Bug Out Vehicle. When considering your financing, can opt for personal loans. Personal loans can come in the form of unsecured or secured loans. How much you can borrow usually depends on your credit rating. It takes hard work to create and maintain a good credit rating!
My recommendation is to never take out a loan if you are not confident of paying it off in full.