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A Binding Mandatory Arbitration Clause Or Up-Front Fees
This means that you give up your rights to sue for any reason and instead agree to binding arbitration which means you could lose your right to due process if a dispute arises. Up-front fees. If the lender wants any money upfront, especially before you've been approved for the loan, be very cautious. Legitimate lenders make money by making loans not by soliciting applications and collecting upfront fees.
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