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The danger posed by rapid creditIt is not gold that glitters, appear as immediate liquidity solutions, but end up being nightmares that never end, with shares unassembled and consequences of homelessness and any other property that had been placed as collateral.

But what are these dangers?

The first and most important focuses on interest rates. Be very careful not to sign any loan that involves a rapid rate abusive. This usually occurs mainly with companies not regulated by the BankĀ  (financial firms are neither banks nor boxes), which provide fast loans almost no requirements, but then compensate by charging exorbitant interest rates.

On the other hand, many credit offers fast just hiding a multitude of additional expenses that are not advertised in the initial offering, bringing the total price of credit is triggered and what at first seemed cheap ends up being more expensive.

And finally, we must be careful with the guarantees that are signed, because more than one occasion fixed the residence as collateral just as losing to the financial situation becomes detrimental to the user of the loan.

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