Nota de globo. Asegurado.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Absolutely! Many folks choose to refinance their Balloon Secured Note before the balloon payment is due, which can provide a smoother ride, but keep those costs in mind.
That's a million-dollar question! It depends on your financial situation and future plans. If you’re comfortable with the risks and have a strategy to handle that lump sum later, it could be a good fit.
The key risk is that you could be left holding the bag if you can’t make that big balloon payment at the end. It's like a ticking time bomb, so you really need to plan ahead.
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