Warning signs include extremely high interest rates (often in triple digits), large add-on fees, repeated refinancing (loan flipping), balloon payments you cannot afford, high-pressure sales tactics, and a lack of clear disclosure of loan terms.
Warning signs include extremely high interest rates (often in triple digits), large add-on fees, repeated refinancing (loan flipping), balloon payments you cannot afford, high-pressure sales tactics, and a lack of clear disclosure of loan terms.
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