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It’s only a temporary cash flow problem.” Shields said Munhall should be able to pay off the loan when tax payments come in. Faulk said the borough’s offer of a 1 percent discount on property taxes pa.

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In such cases you can partly pre-pay your loan. Then you can save on the penalty and also reduce the repayment burden. 8. Is your bank offering a better rate? The golden rule is, always approach your.