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Does anyone know Brookwood Loans

Date: Thu, 06/18/2009 - 14:03

Submitted by anonymous
on Thu, 06/18/2009 - 14:03

Posts: 202330 Credits: [Donate]

Total Replies: 3


They offer very easy loans with very high interest. I received a loan form them but as much as I pay it does not go down, cna anyone help with information on how to pay down this account.


If I am not wrong, Brookwood Loans is an installment loan, which needs to be repaid under equal monthly payments within a fixed period of time as mentioned in the loan agreement. So your monthly payments will not change. Only after making a certain number of monthly payments, you can repay back your entire debt. You may check your agreement papers or contact your creditor for details.


lrhall41

Submitted by Carol79 on Fri, 06/19/2009 - 03:07

( Posts: 99 | Credits: )


Brookwood Loans is similar to Cash Call. I had a loan with cash call and i doubled my payments each month and ended up paying half of what i would have if i stuck with the monthly plan. I would call and ask brookwood loans if you pay more every month, would it bring your principal down faster,it did with cash call.


lrhall41

Submitted by amyw2003 on Sat, 06/20/2009 - 03:28

( Posts: 109 | Credits: )