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#1 |
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Recycles dryer sheets
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Posts: 170
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Educate Yourself: Interest Only Loans
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#2 |
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Dryer sheet aficionado
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Re: Educate Yourself: Interest Only Loans
I think the article is wrong in its history. Interest only loans were popular in the 1920's; you paid interest only and had to refinance the loan after 5 years. They died during the depresion for obvious reasons.
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