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Storyboard Text

  • 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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