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Social Studies, 23.04.2020 20:30 Abbymay17

When Chloe Armstrong pays off the 30-year conventional loan on her Oceanside home in less than 20 years, she is thrilled. However, she is not nearly as happy when she reads the fine print on the contract, which permits her lender to charge her EXTRA interest just for paying off the loan early. This is known as:

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When Chloe Armstrong pays off the 30-year conventional loan on her Oceanside home in less than 20 ye...

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