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Renewals and Extensions - Specific lenders have their own renewal policies and which may vary. If you wish to extend a loan until your next pay date, an "extension fee" may be assessed by the lender. Not all lenders offer extensions and some states strictly forbid them. In response to the 2007-2008 financial crisis, the Commission adopted a series of amendments to its rules on money market funds in 2010 that were designed to make money market funds more resilient by reducing the interest rate, credit, and liquidity risks of their portfolios. Although these reforms improved money market fund resiliency, the Commission said at the time that it would continue to consider whether further, more fundamental changes to money market fund regulation might be warranted. Accordingly, on June 5, 2013, the Commission voted unanimously to propose additional measures that would reform the way that money market funds operate to make them less susceptible to runs that could harm investors. Poor Credit
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U (Unrated) - The mutual fund is unrated because it is too new to make a reliable assessment of its risk-adjusted performance. Typically, a fund must be established for at least three years before it is eligible to receive a TheStreet Investment Rating. New Credit Building Articles Open, active checking or savings account |
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