September 2011
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Undertstanding Rates, Loans, and Terms
As you begin to move beyond your high school
years, you may be excited to go to college, buy
your first car, and perhaps have a credit card.
Before you apply for a student or auto loan or
a credit card, it’s important to have a basic
understanding of how they work.
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Should You Get a Co-Signer for a Loan?
If you don’t have a credit history – a record of
borrowing and repaying money – you may
find it difficult to get approved for a loan.
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