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WHAT ARE THE LENDING CRITERIA THAT PEPPER USES THAT ARE DIFFERENT FROM THE BANKS?

April 26, 2017Banks criteria different lending Pepper uses

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WHAT ARE THE LENDING CRITERIA THAT PEPPER USES THAT ARE DIFFERENT FROM THE BANKS?

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Like all home loan lenders, Pepper is obliged to work within the prescribed conformities of the Uniform Consumer Credit Code used by all lending institutions. The difference is that Pepper Homeloans will accept those applicants that do not fit traditional lenders credit acceptance policies. Pepper charges a higher interest rate to borrowers to carry the risk.