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Sep 28, 2017 - 34 minute read

If i am not able to pay my personal loan

There will still be a lot of bad loans made, Bourke said, but at least it will be much harder for fraud to happen. Hunter Stuart contributed additional reporting.

This story has been updated with additional comments from Joel Rosette, the Plain Green CEO. Clarification : Language has been changed to clarify the difference in repayment times between payday loans and installment loans, and to elaborate that Plain Green limits customers to no more than one loan at a time, which must be paid in full before any application for a new loan is made.

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If i am not able to pay my personal loan

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If i am not able to pay my personal loan

Texas home equity loan has a different structure compared to home equity loan from other States. The maximum loan-to-value (LTV) a borrower can get for their primary residence is only 80. For non-owner occupied homes or investment properties, it is looked at on a case by case basis.

Depending on the borrowers situation and circumstances, the loan-to-value (LTV) is determined by each individual borrower. Texas Cash Outs rule on the title is also different from a regular rate and term refinance loan. There is no statute of limitation on a Texas cash-out. Once a borrower pulls equity out of their home for any reason, the title will reflect a cash-out status.

It will stay as such until the loan is paid in full, hence, once a cash-out, always a cash-out rule applies.

If i am not able to pay my personal loan
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