The lender may attempt to justify these rates by claiming superior service and terms. The main reason for extreme interest, however, is usually lack of business. There is probably a reason people avoid the lender in question. Steer clear of these types of companies. Low interest rates are often accompanied by high processing fees. This is just an attempt to hide outrageous extra fees.
Ask for a comprehensive list of all the fees before agreeing to the contract.
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com does not have an available lender, you will not be connected to a lender. In some cases, which bank provide personal loan may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders.
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