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We remind that late payment or non-payment of your loan can have negative impact on your credit history. Some of the lenders in our network may automatically renew your short term loan banks that give unsecured loans it becomes past due. This term is clearly identified in your loan agreement. You should check your loan agreement for your lender's policy on automatic loan renewal prior to e-signing it. If your loan is renewed, there will be additional charges as determined by your lender, and the minimum term can be set up.
Your lender may offer you other options in addition to renewal, including the ability to repay your loan in full at a later date or repay your loan over time in a series of installments. Legal Disclaimer: This website does not constitute an offer or solicitation to lend. LoanSolo. com is not a lender and does not make loans or credit decisions.
Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders.
Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that banks that give unsecured loans not acceptable to you. The purpose of shorter duration loans is to provide the borrower temporary financial relief.
Such loans are not a long-term financial solution.
Fixed Rate Loans. Fixed rate loans are amortized and terms commonly extend from 10 to 30 years. Fixed rate loans offer the borrower protection from changes in interest rates over time. Home Equity Loan. A one-time loan that gives you access to the value of your home without refinancing your first mortgage or selling your home. Home Equity Loans can be used for a specific purpose like paying for college, making house improvements, and consolidating credit card debt or you can use it to cash-out your equity for whatever needs you have later.