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That coupled with "social legislation" just like the CRA and "lenders of final resort" like Fannie and Freddie made US lenders heedless of the risks involved in giving loans to individuals who could not afford houses.
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We encourage college students to find a option to pay the quick-term loans as soon as doable or make as many payments earlier than the due date.
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Instead, the lender is relying solely on the flexibility of a borrower to fulfill their loan borrowing repayments.

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