I haven’t seen a 20k loan in 20 years.
It’s been 19 years since I paid off the loan that I put down 20% on in 1966.
Except for that loan everything that I have bought in my lifetime has been bought for cash including my condo and my airplane.
Growing up in the last depression and my GG grandfather losing his First National Bank of Pomona in the 1880s depression I was raised that way and it’s served me very well.
Never a cent of borrowed money other than my 1st home which I still have.