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Hard Money Lenders
America is going through tough financial times; it is no secret that many Americans have fallen victim to unscrupulous lending practices and that the most important terms and conditions were not disclosed during the negotiation of a home loan.  We are going through a financial bubble and because of reforms to lending practices home owners are desperate because they no longer qualify for new loans, either because of lower property values or more stringent lending guidelines.  As the saying goes, desperate times call for desperate measures but, the measures that most people are taking are definitely not the best ones.  A few years ago property owners counted with their home equity to bail them out of any financial problem.  Because of the current situation, properties have lost tremendous value and there might not be enough equity to refinance a loan.  Due to this, many Americans are turning to credit cards to maintain their lifestyle.  But the solution to a tight financial situation is not to turn to credit cards because their interest rate can go as high as 30% (compounded daily) and they will just add to the problem.  Hard money loans on the other hand, are better financial instruments which provide more ... more

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