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Transparent. Immediate lenders of legit limited-phrase loans are lawfully required to be upfront with regard to the charges and expenditures over the loan term, and must adhere to maximum restrictions. Your personal loan deal really should Obviously established out all relevant costs and expenses.
Karen Bennett is actually a senior consumer banking reporter at Bankrate. She works by using her finance writing track record that can help viewers learn more about financial savings and examining accounts, CDs, and various financial matters.
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