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Can financial education help reduce differences in the price of a loan among a group of borrowers?

April 26, 2017borrowers differences Education financial group help loan price reduce

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Can financial education help reduce differences in the price of a loan among a group of borrowers?

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Yes. Financial education allows individuals to improve their financial qualifications and their attractiveness as a borrower. It also helps them to make informed choices when it comes to getting a mortgage. Chase designs, supports and actively promotes educational efforts that train individuals to make sensible financial decisions, be better customers and get better prices.