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Exactly why are short-label financing much better than other types of money?

Posted by RajeevKumar

Exactly why are short-label financing much better than other types of money?

Short-name funds with high interest rate, or, as they are also known as, “payday loan”, usually are granted on payday loans in MA the amount of only about $dos,500 and also have a maturity of 1 to thirty days. Borrowers, generally, pay short-label loans during the one time. Eg a loan are going to be provided from the organizations or towards internet sites away from low-financial borrowing from the bank communities, and you may funds are usually granted at the time regarding software submitting. (more…)

Perhaps he will allow us to repay the loan in smaller amounts over a longer period of time

Posted by RajeevKumar

Perhaps he will allow us to repay the loan in smaller amounts over a longer period of time

“I proceeded to buy from Hanamel the son of my paternal uncle the field that was in Anathoth,” said Jeremiah. “And I began to weigh out to him the money, seven shekels and ten silver pieces. Then I wrote in a deed and affixed the seal and took witnesses as I went weighing the money in the scales. After that I took the deed of purchase, the one sealed according to the commandment and the regulations, and the one left open; and I then gave the deed of purchase to Baruch the son of Neriah the son of Mahseiah before the eyes of Hanamel the son of my paternal uncle and before the eyes of the witnesses, those writing in the deed of purchase, before the eyes of all the Jews who were sitting in the Courtyard of the Guard.” (Jeremiah 32:9-12) Although the foregoing example concerns a purchase rather than a loan, it shows the importance of handling monetary transactions in a clear, unambiguous way.-See The Watchtower, May 1, 1973, pages 287-8.

If difficulties arise, Christians should try to resolve them in harmony with Jesus’ counsel recorded at Matthew -17. But one elder who has tried to be helpful in such matters comments: “In nearly every case, there was an absence of a written agreement. As a result, there was no clear understanding between the two parties as to how the loan had to be repaid. (more…)

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