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Dwan Bent-Twyford 
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Dwan Bent-Twyford's Finance Articles

Types of Creative Loans Interest Only Loans

(November 09, 2008)  These loans were among the most popular. With a typical payment, you pay principle, interest, taxes, and insurance. The bank takes your full monthly payment and uses the money to pay for the various items. The bank keeps the interest and principle portion of the payment and saves the balance to pay .


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