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Turns out Apartments experience a lease being a loan. If you are seeking a 12-month lease on an apartment that’s $800 a month, you’re essentially taking out a $9600 loan an individual repay for a duration of a twelve month period. If you’re late, you’ll get a late price tag. If you’re too late, they’ll repossess the apartment. So in that sense, I’m assuming it can be a loan.
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