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May 1, 2008 at 8:38 pm
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Theres also low doc options that include BAS statements, bank account statements or an accountants declaration as alternative methods of verifying your income.
In this case they are still charging high interest rates, but they are allowing you to pay your loan off over time, which should help you avoid having to take out the loan again, and can provide real help to a financial setback.
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more than 3x what I borrowed.
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You may be able to secure a better rate on your loan if you have mediocre credit, but youll still pay a hefty premium relative to other types of credit products.
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You can save money on closing costs: Those who purchase their homes with cash can avoid many of the expenses typically associated with closing on a mortgage.
This means length of service, not length or interest rate on any loans.
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Sutton's original loan contract required her to make seven payments of $50, at which point her loan would have been fully paid off.
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