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Interest, late fee, returned check charge...
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∙ 13y ago
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Specified amounts of money borrowers must pay lenders for the use of money or borrowed funds is are known as?
interest
Will lenders allow someone to remortgage their home if the credit is bad?
There are lenders who specifically lend to borrowers with blemished credit but the homeowner will typically pay higher interest rates and fees. Borrowers should attempt to improve their credit before trying to refinance by lowering debt and clearing up any inaccuracies that may appear on their credit report.
How much does a liquor license cost in Florida?
Bad credit pearonsl loans normally carry a higher rate of interest. This is because of the higher risk potential in such loans. One may also be overcharged on this account. The borrowers are asked to pay a hefty charge and have to face some inflexible terms of payment. Nevertheless, there are lenders who charge reasonably lower rates of interest
Who are the micro-lenders and why sometimes are called 'loan sharks'?
because they dont pay
What is the standard amount of money one can obtain using an online pay day loans service?
Most online pay day loan lenders will lend funds up to $1000. This amount is based on the borrowers needs, collateral, and previous borrowing history.
How is the real estate market in Australia different than America?
There is not much difference in the real estate market in Australia and the USA. Both had an unregulated banking and financial sector which allowed lenders to give loans for housing to borrowers who could not pay the loans.
Why bankers require collateral from borrowers?
incase people will pay back ability to pay back
Who are some common payday loan lenders?
Some common payday loan lenders are Pay Day Max, Checkn-Go, and PLS Loan Store. Often these types of stores are found in small malls but be sure it is reputable and does not charge outragious interest.
Can cosigner pay off debt without borrowers consent?
yes
Do Lenders pay a referral fee to a Real Estate Broker for referrals?
No, lenders are not permitted to pay referral fees to real estate brokers. It would be a violation of RESPA.
How is the mail called that the receiver pay the charge for the mail?
collect mail
Why despite the huge reduction in Interest rate in the US to quarter a prcent Mortgage lenders still charge home buyers an interest rate as high as six percent without passing any reduction?
Because mortgage lenders make money by charging more interest than they pay.
