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Tips Protect Yourself From Inappropriate Lending Practices  
TIPS ListAfterList List

Tags: Loans, lending practices

The FTC recommends these things to avoid when borrowing for home remodeling projects:

  •  
  • Don’t Agree to a home equity loan if you don’t have enough money to make the monthly payments.
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  • Don’t Sign any document you haven’t read or any document that has blank spaces to be filled in after you sign.
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  • Don’t Let anyone pressure you into signing any document.
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  • Do not Deed your property to anyone. First consult an attorney, a knowledgeable family member, or someone else you trust.
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  • Do not Agree to financing through your contractor without shopping around and comparing loan terms.

    Lister: Angie
    Source: FTC

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    Comments:

    I have found the follow site to be helpful when researching home equity loans: http://home-equity-loan-lending.com
    Comment by: billwatson88

    I have found the follow site to be helpful when researching home equity loans: <a href="http://home-equity-loan-lending.com">home-equity-loan-lending.com</a>
    Comment by: billwatson88

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