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Defaulting on a Personal Loan: What Are the Consequences?

Consumer loan delinquency rates in the US started at 2.44% in the first quarter of 2020. By the fourth quarter, it dropped by a considerable 0.44%, ending the year with a delinquency rate of 1.96%. Now 1.96% may seem small, but that's primarily due to the COVID-19 debt relief programs...
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What Are FHA Loans And How To Apply For One 
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What Are FHA Loans And How To Apply For One? 

We’re always on the lookout for ways to try and save you money and ease the ever building financial pressures that we all face from time to time. We understand how much of a large and often daunting process it can be to purchase a property, so today we are...
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How to Get Loans with No Credit and Improve Your Credit Score

It can be frustrating to feel like you never have the money you need to get by. As soon as one thing begins to go well, another falls out. It can be frustrating. If you're like most Americans, you might be currently living paycheck to paycheck and just trying...
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Long-Term vs Short-Term: Which Loan Type Is Best?

If you need a large sum of money but don't have the financial ability to get it, a loan can be the perfect way to pay. A loan is set in place so you can borrow the money and pay it back as you're able to. While a loan can...
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My Credit Is Shot: How to Borrow Money With Bad Credit

Every year, more than 20 million Americans take out personal loans. That number is high, but it would likely be even higher if those with bad credit thought they would be able to qualify for a loan. If your credit isn't great, you might not think that you're eligible to take out...
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Money Task Force is a personal finance blog that publishes content on a range of financial topics that people care about. We keep our readers informed about the latest in money management tips as well what is going on in the world.
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