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If the lender orders consumer reports manually and performs the calculations by hand necessary to determine that the borrower has the ability to repay the loan, this could add 20 minutes to the borrowing process.
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Section 1032 of the Dodd-Frank Act
Chief Financial Officer Gabriel Dalporto
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Repairs might be frequent, but even if you estimate $2,000 worth of repairs in the first year, it still can be less expensive than a year of payments.
Renting on the other hand, means that you do not have control over your future.
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