|
|
Free Credit information including Credit Reports, Credit Cards, scores and much more
| Tips on Saving Money |
Looking for Credit Cards?
Free Credit information including Credit Reports, Credit Cards, scores and much more
Looking for Credit Cards?
|
|
Hidden Loan Terms: The Balloon Payment You need money now. A lender offers you a loan with a very low payment that
you can afford. Be Careful! It might contain a "balloon payment" at
the end. This means that you will have to pay an enormous amount at some point
in the future in one big lump sum. If you can't afford this, the lender might
take your house. |
|
|
A lot of the information on this site was taken from the FTC. Some of it copied directly. If you want, call them at 1-877-FTC-HELP |