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Non-Cattle Specific Topics
Tips 'n Tricks
FSA Loan Program Tips?
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<blockquote data-quote="Lon" data-source="post: 870651" data-attributes="member: 16174"><p>I am actually in the process right now of working of getting a loan through FSA for buying cattle. There is alot more paper work than what the bank wanted when i bought my haytruck but the interest is alot lower. I think it is a direct loan not a loan garuntee though. I think the money saved in interest it worth the hassle of paperwork but at the same time i have heard people tell me not to do it because they had a bad experiance. I only see a bad experience if you dont make a payment though am i right or no?</p></blockquote><p></p>
[QUOTE="Lon, post: 870651, member: 16174"] I am actually in the process right now of working of getting a loan through FSA for buying cattle. There is alot more paper work than what the bank wanted when i bought my haytruck but the interest is alot lower. I think it is a direct loan not a loan garuntee though. I think the money saved in interest it worth the hassle of paperwork but at the same time i have heard people tell me not to do it because they had a bad experiance. I only see a bad experience if you dont make a payment though am i right or no? [/QUOTE]
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