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I just left the back to get closed end credit to pay for my house.
What's the difference between open end , closed end credit ?
closed end the Borrower must repay the amount in a specified number of equal payments. Open Borrower chooses how much to pay
What will happen if you don't maintain the payments ?
If I don't maintain the payments I will have bad credit and could lose my home.
You better maintain those payments those late payments will be on your credit for a long time.
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