The interest rate is fixed for the term of the loan.
The interest rate is fixed for the term of the loan. Promises one set of terms but gives you another with no good reason for the change. Pressures you into applying for a loan for more money than you need, or one that has monthly payments larger than you can afford. If an item is supposed to be blank, draw a line through the space and initial it. Is this a loan or a line of credit? A loan is for a fixed amount of money for a specific period of time; a line of credit is an amount of money you can draw as you need it. For state-chartered credit unions, contact your state's regulatory agency.
Your local fair housing group or affordable housing agency, housing counseling agency, or state housing agency. Tells you to sign blank forms or forms that aren't completely filled in.