Showing results by author "Divva" in All Categories
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A story of a strange loan
- By: Divva
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instead charge higher interest rates.Origination fees can be up to 15% of the amount borrowed. An origination fee may be added to the loan balance or subtracted from the amount you receive. If, for example, you borrow $10,000 and have a 5% origination fee, you might receive $9,500, or perhaps owe $10,500. Be sure you understand how that will work, and plan accordingly.While you are checking rates and terms, it's a good idea to also check the credit scores of people whose applications are typically approved if that information is available. You can also look for an option to prequalify online ...
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