Talk with a loan officer at a local bank or credit union. Discuss the approval qualifications for
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Talk with a loan officer at a local bank or credit union. Discuss the approval qualifications for unsecured, secured, and home equity loans and the range of interest rates available with each. Also, discuss the effect of the debt Jim it ratio and the credit score on loan approval and interest rate. Write a brief synopsis of the information.
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Loan Approval Qualifications There are three main loan categories you mentioned unsecured secured and home equity Heres a general overview of their qu...View the full answer
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