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Installment Loans and How They Change Lives

A Golden Key

Money is an integral part of how we live our lives, whether we like it or not. There are many things that require money, and major changes that we want to make to our lives will often require significant sums of money. Through the careful use of installment loan, people are empowered financially to change their lives for the better. Loans are golden keys, but they require discipline in repayment to prevent causing more harm than help. How can loans change lives? Here are a few short stories to illustrate this wonder of finance.

Moving Out, Moving Up

James grew up in a bad part of town. His parents were not the best people, and they could not ever afford more than the bare necessities, but they were a close family. As such, James grew up constantly wanting a better life for himself and his parents. After finishing community college at the top of his class, he lands a decent job. After a few months, he finds a home in one of the better parts of town that would be perfect for his parents and himself. He applies for a loan at a bank, and buys the house. He spends the next two decades paying back a little bit every month, but never once regretted his decision to move out of the old neighborhood.

The Final Stretch

Paul is a law student, and is set to become a lawyer in less than a year if he passes the bar. He is hardworking and diligent, and his parents are happy to provide for him until he gets his license. At this crucial time, tragedy strikes. While visiting their relatives

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