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From my point of view long term car loan is not that bad because it reduces your monthly payment and you don't get load on your shoulders of your monthly expenses, and if you are facing a problem with poor credit car lease there are people available to always help you.
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∙ 9y ago
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What is Long term and short term loan why these difference?
A short term loan is a small loan that is most often used by borrowers to help cover expense while between paychecks. The loan is most often due for repayment by the borrowers next paycheck.Short term loans are lent at a high interest rate and come with additional fees - acting as a form of "security" for the lenders because a short term loan is a type of unsecured loan that is often borrowed by people with bad credit.A long term loan is a loan that is lent over a longer lending term.Usually short term loan lenders require the borrower to repay their loan by the time they receive their next paycheck. However, some online lenders allow borrowers to take up to 90 to 100 days to repay their loan.
What is meant by having a bad loan?
The term bad loan refers to loans where the borrower has not been making payments as originally agreed upon by the lender. Bad loans are often never repaid.
Can you co sign a loan with bad credit?
Most likely the loan company won't accept it because to need a cosigner on a loan means that there is bad credit all ready. Two bad credit reports don't equal one good one. If you have bad credit it isn't a good idea anyway because you could end up with the loan and this will impact your credit report in a negative way.
How to avoid bad credit loans?
If someone has a bad credit loan, the best possibility is to get a secure loan. Some positive things that a secure loan offers is a longer repayment term, someone can borrow more money, and the eligibility criteria are generally less rigorous than a personal loan.
How can you get a pre-owned car loan with bad credit and current car loan?
Yes you can, depends on how much negative equity you have on your current loan, you can re-apply for a bigger loan to cover that one. Generally speaking it is not a good idea, because it will be harder the next time. There is a local Toronto bad credit loan provider called auto credit financial, you can google them.
Is moving near the nile river a bad idea?
In the long term yes.
What is Long term and short term loan why these difference?
A short term loan is a small loan that is most often used by borrowers to help cover expense while between paychecks. The loan is most often due for repayment by the borrowers next paycheck.Short term loans are lent at a high interest rate and come with additional fees - acting as a form of "security" for the lenders because a short term loan is a type of unsecured loan that is often borrowed by people with bad credit.A long term loan is a loan that is lent over a longer lending term.Usually short term loan lenders require the borrower to repay their loan by the time they receive their next paycheck. However, some online lenders allow borrowers to take up to 90 to 100 days to repay their loan.
Opinions on staying in contact wirth an ex in a long term relationship?
Bad idea all the way around.
Is a nose job a bad idea?
Altering your appearance - unless there is a medical reason to do so, is always a bad idea. It may seem "beneficial" in the short term, but in the long term there can be many complications that could outweigh any short term benefits. You are what you are, and people will love you for what you are, not what you have altered. Stay as you are.
What is meant by having a bad loan?
The term bad loan refers to loans where the borrower has not been making payments as originally agreed upon by the lender. Bad loans are often never repaid.
The affects of short term and long term?
its bad
How old do you have to be to get your wrist pierced?
Old enough to know it's a bad idea and not worth the time and effort not to meantion the long term damage to your wrist.
Can you smoke sugar?
Sugar burns, But smoking it is a VERY bad idea , any type of smoke can burn your lungs, and cause long term damage.
Can diesel be used in a oil burner?
Yes. Its just more expensive and has less sulfur so long term usage is a bad idea but, it does work.
Can you qualify for a business loan if you have bad credit?
Qualifing for a business loan with bad credit can be very difficult. It takes a long time and hard work but it can be possible though.
Can you co sign a loan with bad credit?
Most likely the loan company won't accept it because to need a cosigner on a loan means that there is bad credit all ready. Two bad credit reports don't equal one good one. If you have bad credit it isn't a good idea anyway because you could end up with the loan and this will impact your credit report in a negative way.
How to avoid bad credit loans?
If someone has a bad credit loan, the best possibility is to get a secure loan. Some positive things that a secure loan offers is a longer repayment term, someone can borrow more money, and the eligibility criteria are generally less rigorous than a personal loan.
