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Updated 10 months ago on . Most recent reply

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MIchael McCUe
3
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56
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Can I pay into an unsecured loan and loan amounts to income

MIchael McCUe
Posted

Hello I hear their are unsecured loans I can acquire via my income history I believe they give you an income of 20% of the loan now can I pay into the debt replacing pre existing gray space the remaining 80% or will it remain outside as a new amount, hopefully that's understandable.

also if I earn $30,000  annually what amount do they let me receive, thanks appreciate entirely.

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Jacob Sherman
  • 12 Penns Trail Suite 138 Newtown, PA 18940
304
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1,362
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Jacob Sherman
  • 12 Penns Trail Suite 138 Newtown, PA 18940
Replied

You technically can not take debt to fund a downpayment of the property 

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