Can a lender for a personal loan add all the interest upfront after originating the loan?
Example: Original loan amount is 5,000.00 and after originating the loan, the total becomes 8,000.00 right away.
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Answer by Angel
Yes they can do this. I had one from Eagle loan and My husband had a loan from American General and they both done this. The bonus from this is that when you make your monthly payments the whole amount actually comes off your account and you know exactly what you owe. Believe me it is the best way to do it...
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Museum Collections Centre - 25 Dollman Street - to the warehouse - sign - Learning & Outreach Loans Service
Image by ell brown
I went to the Open Day at the Museum Collections Centre - 25 Dollman Street on the 13th of May 2012.
At the Dollman Street Stores they have objects that are not currently on display in the Birmingham Museum & Art Gallery or Think Tank. Some items used to be in the old Museum of Science & Industry on Newhall Street.
After viewing the smaller items in cages, next up was to head to the warehouse with the much bigger items.
The next area was worth the wait. Various busts, machines, bikes etc were in there.
Learning & Outreach Loans Service - sign (to the left).
Orignal From: Can a lender for a personal loan add all the interest upfront after originating the loan? and Museum Collections Centre - 25 Dollman Street - to the warehouse - sign - Learning & Outreach Loans Service
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