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Why We Don’t Recommend Case Loans
Manage episode 373765559 series 2778695
Konten disediakan oleh Tyson Mutrux. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Tyson Mutrux atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
In this episode, we delve deep into the often-overlooked world of case loans. What are they, and when might someone consider one? We examine the startlingly high interest rates of these loans, referencing a 2018 New York Times investigation, and discuss the significant risks borrowers may face. We shed light on the dark side of this under-regulated industry, drawing from a report by the Center for Justice and Democracy at New York Law School and a study published in The Review of Litigation. We also discuss how case loans can complicate legal proceedings and affect attorney-client relationships. Wrapping up, we explore better alternatives to case loans, emphasizing the importance of professional financial advice. This episode is crucial listening for anyone considering a case loan, or for those simply interested in understanding this complex aspect of the financial landscape. Tune in, and equip yourself with the knowledge to make better financial decisions. --- Send in a voice message: https://podcasters.spotify.com/pod/show/mutrux-firm-injury/message
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