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What is one important factor to take into account before agreeing to a financing deal?

User Charanor
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1 Answer

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Answer:

The most important factor is to carefully examine the terms of the contract. In other words, specifying a financial deal or contract shortly can be hard at times, and it needs thorough examination of the contract.

Therefore, it is essential to carefully read the contract and see if there aren't any hidden fees, provisions or terms that you may not have expected. Also, you should know the consequences related to the situation when you cannot fulfill your part of the deal.

User Zwiebel
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