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1). Avoiding Loan Penalties
Have you ever been late on a loan repayment? It seems that just at the time that you need it least, banks and other lenders slap hefty charges on your account. This is the last thing you need, especially when you’re finding it difficult to keep up with your repayments. It’s like a spiral, you’re late on a payment, so you get a late fee, then the fee makes it harder to meet your next payment so you get another late fee, or a late fee from one of your other accounts.
Article tags: – loans, penalties, loan penalties, repayments, interest, advice, fee, charge