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How to Avoid Pre-Payment Penalties on Your Loan | theLender
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Pre-payment penalties can be a frustrating and costly aspect of borrowing money. These penalties are fees that a lender charges if you pay off your loan before the agreed-upon term is up. While pre-payment penalties are designed to protect the lender's investment, they can be a burden for borrowers who want to pay off their loan early or refinance to a better interest rate.
At theLender, we understand the frustration that pre-payment penalties can cause, which is why we have some strategies to avoid it. Follow these strategies to save money on your loan or let theLender help you navigate the loan process and find a loan that works for you.
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At theLender, we understand the frustration that pre-payment penalties can cause, which is why we have some strategies to avoid it. Follow these strategies to save money on your loan or let theLender help you navigate the loan process and find a loan that works for you.
__________________________________
Follow us on social -
Feel free to use this investment property calculator:
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