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Posted On August 15, 2020 In Investigation With 45 Views

Why don’t mortgage lenders like payday advances?

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Why don’t mortgage lenders like payday advances?

Many loan providers have a tendency to avoid candidates associated with payday advances. The primary reason is the fact that underwriters assume that borrowers only have used pay day loans as a result of devoid of a solid basis that is financial. With this reason, payday advances can ring security bells for the majority of lenders because it shows candidates to be greater risk.

Don’t let this put you off. (more…)

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