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Sep 28, 2017 - 34 minute read

Can you transfer a loan to another person

The Annual Percentage Rate is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders ocbc personal loan repayment table legally required to show you the APR and other terms of your loan before you execute a loan agreement. Material Disclosure.

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Can you transfer a loan to another person

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Can you transfer a loan to another person

Perhaps predictably, the companies that lent him the money arent happy. Some of them have begun hounding Taylor with phone calls. Meanwhile, his debt is rising fast, growing higher every two weeks. Finally, the debts have ruined Taylor's credit, which he says will cause him to pay more for insurance and for his cell phone.

He says he feels guilty that he wasnt able to pay back the loans. These people did give me money. It aint their fault I couldnt manage it, he said. But he says the same thing that happened to him could happen to anyone. The payments are so high [for these types of loans], theres no way anyone could honestly pay them. And anybody that dont make a whole lot of money, its gonna do them the same way.

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