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There should be better options than a 10% loan these days. Can you use the business as collateral for the loan? I would be sure the business is a sound opportunity before putting your CD's at risk. Of course, you must think it is a sound opportuntiy if you are willing to take this risk. The rate of 10% seems very high. I would shop around on that rate.
| 15 years ago. Rating: 0 | |
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