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Tips Protect Yourself From Inappropriate Lending Practices
TIPS
Tags: Loans, lending practices
The FTC recommends these things to avoid when borrowing for home remodeling projects:
| | Don’t Agree to a home equity loan if you don’t have enough money to make the monthly payments. |
| | Don’t Sign any document you haven’t read or any document that has blank spaces to be filled in after you sign. |
| | Don’t Let anyone pressure you into signing any document. |
| | Do not Deed your property to anyone. First consult an attorney, a knowledgeable family member, or someone else you trust. |
| | Do not Agree to financing through your contractor without shopping around and comparing loan terms. |
Lister:
Angie
Source:
FTC
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