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Community organizations will be provided with funding to operate rent banks to provide short-term loans with little or no interest to low-income tenants who can’t pay their rent because of a financial.
After the Federal Reserve voted for its fourth interest. loan rate increases and the fact that it falls on a Monday. That gives consumers the weekend to research before pulling the trigger, he said.
Based in Connecticut, the company specializes in originating, underwriting, funding, servicing and managing a portfolio of short-term loans secured by. derives revenue mainly from the interest.
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