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If you do not pay your loan according to its terms, your lender may: best personal loans over 10 years you late fees, send your account to a collection agency, report your information to a consumer reporting agency which may negatively affect your credit score, offer to renew, extend or refinance your loan, which may cause you to incur additional fees, charges and interest.
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We werent to be married until a year after Settlement, and I would not have any Equity nor be on the title to the house until we were married. I asked about just adding me to the title at Settlement and I was told by the Loan Best personal loans over 10 years that it was not a good idea to do so. I was extremely wary of this whole transaction, and about 3 days before Settlement (by MUCH prodding from my Fiance and his Loan Officer), I FINALLY told my Bank to wire the money to my Fiances parents.
Approx. 24 hours before my Fiances Payday loan cash converters, I was then told by my Fiance that he nor his Parents could pay me back.
I flipped. Then he tells me that the Loan Officer told him that he could put me on the title to the house, within 3-6 months after the Loan closed so I wouldnt be so worried. I was upset, but I couldnt dispute the Wire Transfer with my Bank, in time….
to have them reverse it, and to STOP Settlement. I bit the bullet, held my breathe and KNEW I made a horrible mistake.