Sentences with phrase «borrower more harm»
In the long run, this may do the borrower more harm than good.
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We think loan documents need to be much more explicit in how a borrower might be harmed, particularly if an ARM is coupled with any form of non - or partially - amortizing payment method.
Higher risk borrowers can expect to pay interest rates generally ranging from 14 % to over 30 % among second - tier lenders, which can do more harm than good.
The article says that these tactics usually harm the client more than they can help, and as such borrowers should be very careful when choosing an agency to work with.