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Your Guide To Private Money Lending

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Your Guide To Private Money Lending

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  1. YOUR GUIDE TO PRIVATE MONEY LENDING

  2. PRIVATE MONEY LOANS ARE AN ALTERNATIVE TO TRADITIONAL LENDING AND ARE GIVEN BY PRIVATE INVESTORS.

  3. THESE LOANS ARE QUICK TO PROCESS.

  4. THESE LOANS ARE NOT FULLY BASED ON THE BORROWER’S CREDIT SCORE.

  5. THESE ARE SHORT- TERM LOANS.

  6. SINCE THESE ARE SHORT- TERM LOANS, THEY USUALLY HAVE HIGH INTEREST RATES.

  7. THESE LOANS HAVE FLEXIBLE LOAN TERMS AS THEY ARE GIVEN BY PRIVATE LENDERS AND NOT FINANCIAL INSTITUTIONS.

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