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Month: August 2018

Cheap loans received

Cheap loans received

  Specify the purpose Fixed-purpose loans make the interest rate cheaper. This is due to default risk, which the bank can better value. Always specify a fixed use, if possible. Note running time Choose the term carefully! After all, the longer a loan runs, the longer you have to pay interest. With a short maturity, the repayment rate is higher, but you pay less interest. Repurposing expensive loans Have you completed one or more loans at a time when interest…

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