Borrowing
Where can you borrow?
Most consumer credit comes from: banks, savings and loan institutions,
credit unions, finance companies, and credit card companies. In
addition, many people borrow from relatives or other individuals
who may or may not be good credit sources. Individuals who loan
money but don't have a permanent place of business may offer you
loans that charge more than the legal interest rate. Wherever you
borrow, be sure to get a signed contract, and READ THE FINE PRINT
including the terms and the finance charge calculations.
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