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How To Avoid Add-ons And Gimmicks

Money : Borrowing

When you get a loan these days, you often get bombarded with information about repayment holidays (times of the years where you don't have to pay back) or alternatively told to take out Payment Protection Insurance.

Bottom line: avoid any gimmicks. Invariably these are used to mask hefty additions or premiums to your loan amount.

To get the best loan you need to know the Total Amount Repayable (TAR).


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By: Stephen

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