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Can credit life be added to the loan and not paid until the end of the loan?
Wiki User
∙ 11y ago
No it can not be paid at the end of the loan. Credit life is to insure the creditor. If you pass away before the loan is paid credit life will pay off the loan. If there is no cosigner then why would you insure the creditor? There is no advantage to you at all for getting credit life.
Wiki User
∙ 11y ago
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What are the exclusions for credit life insurance?
What are the exclusions for obtaining credit life on a loan
How can you negotiate on your car loan with bad credit and no money?
If you have bad credit and no money you should not be looking at a loan. Get your life straightened out first. Cars are not required, good credit is.
Will a credit score be better or worse if you take out an unsecured personal loan to pay off credit card debt?
If you get a loan, pay off credit cards and keep the loan payments current until it is paid off. Your CR will be pretty darn good.
How can one apply for loans with an adverse credit?
Getting a loan with adverse credit can be difficult. Often borrowers with poor credit have higher interest rates and have to pay more throughout the life of the loan than borrowers with good credit. Visiting credit unions and using collateral are a few ways the borrower with adverse credit may find to get a loan.
Is it the same meaning of credit and loan?
No. A loan utilizes one's credit, but the loan does not define one's credit capability.
What exactly is credit life insurance and would it be beneficial for a 51 year old homeowner to purchase it?
Credit life is insurance that will pay off the loan of your home should you die before mortgage is fully paid. It is usually put into the cost of the loan. It depends on the cost of the insurance if it is beneficial. It is sometimes better to buy straight life insurance. Credit life decreases as the loan decreases, straight life stays at the same benefit.
Where can you get a bad credit loan?
Yes, you can get Bad Credit Loan.
If you are 18 with no credit can you get a loan?
There are loans called payday loans that do not require credit and you can be 18 or older. All you need is a job and you can get a cash advance until your next payday, thus the term payday loan.
If you are added to someone's checking account will the bank check your credit?
no they do not check unless you are placing or requesting a loan with individual/ you can be added per primary holders request/
How long do you have to pay on a car loan to help your credit?
Until your car loan is paid in full. Usually around 36 months, give or take.
Get bad credit loan in Ontario?
Yes, you can get Bad Credit Loan.
Can you cosign for a car loan for your child if you have a car loan now?
As long as you have enough credit available yes. Just remember even if the payment is from another source, you are responsible and it eats into your available credit until it is gone.
