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| what are high risk loans https://www.labplanet.net/juttelupalstakolme/viewtopic.php?f=3&t=322656 |
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| Author: | joshbutler [ Wed May 03, 2023 11:27 pm ] |
| Post subject: | what are high risk loans |
High-risk loans are loans that are given to borrowers who have a higher probability of defaulting on their payments due to a poor credit history, lack of collateral, or other factors that make them risky borrowers. These loans typically come with higher interest rates and stricter terms and conditions to compensate for the increased risk. Examples of high-risk loans include payday loans, subprime mortgages, and car title loans. |
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