Yes, you're paying the interest back to your own account

[Common Sense Party]

Thankfully the interest rates aren't anywhere close to 15% (closer to 4 or 5% now, I'd guess...usually Prime or a point or two above).

The biggest "risk" about taking out the loan is IF (and it's a big if) the markets make a big move upwards, the money you've borrowed out won't participate in the upswing.

Of course, in 2008, a loan was the best place to have had your money.