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why is it so hard to get a loan for a house that is only 25,000 but i can go buy a car for 30 to 40 thousand and get approved?
Wiki User
∙ 15y ago
It is faster and easier to repossess the car if you default on the loan, but it is more difficult to get you out of your house if you are not making payments.
Wiki User
∙ 15y ago
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