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Can two identical totals hide different secured risks?
Read security and guarantee clauses alongside the arithmetic.
Record which consequences the price table does not represent. A lower amount is one consideration and cannot establish that assuming additional asset risk is an equivalent choice.
Details
- Identify the amount received and the opening balance
- Read fee treatment in the written offer
- Compare the dated repayment schedule
Before you compare offers
Read the borrowing-cost checklist
Keep a written offer open while you locate the amount received, charges and total amount repayable.