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Why We Don’t Recommend Case Loans
Manage episode 373765559 series 2778695
Kandungan disediakan oleh Tyson Mutrux. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Tyson Mutrux atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.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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