Quote by Alan Greenspan

Any informed borrower is simply less vulnerable to fraud and abuse.


Any informed borrower is simply less vulnerable to fraud and

Summary

This quote emphasizes the importance of being well-informed as a borrower to protect oneself from encountering fraud and exploitation. By educating themselves about the lending process and understanding their rights and responsibilities, borrowers are less likely to fall victim to deceptive practices or manipulative tactics. Being knowledgeable about the terms, conditions, and potential risks of borrowing enables individuals to make informed decisions, increasing their ability to navigate financial transactions with confidence and reducing their vulnerability to scams or predatory lending practices.

By Alan Greenspan
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