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Cross Collateralization: The Credit Union’s Dirty Little Secret

Cross Collateralization: The Credit Union's Dirty Little Secret 1

Imagine this scenario: You are ready to sell your car, that you now own free and clear, only to be told by your lender that you can’t until you pay off another unsecured loan you have with the same lender. In essence, you are being told that you are not through paying on your car, … Read more Cross Collateralization: The Credit Union’s Dirty Little Secret