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Avoid a loan you can’t repay : If you're thinking that you’ll have problems repaying your loan, don’t take it out. Late or missed payments will cause further expenses, costing you extra money.
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S. states have even more restricted its use, in accordance with the Pew Charitable Trusts. On the other hand, some subprime or payday lenders however make use of the Rule of 78 when computing payments.
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In addition, some consumers have claimed complications in reaching customer service representatives, that may be discouraging for borrowers who will need quick support.
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