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Please send me daily updates on my loan and pre approved payday loan and other third party lenders with whom it has a marketing relationship. As long as you switch from interest-only to repayment as soon as possible and try to save any extra cash to help cover the costs then it can work. While the lender can foreclose the property, there may be a deficiency owed that is the personal obligation of the borrower.

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This will remain in effect as long as scheduled payments are made on time.

 

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