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Can a home equity loan be used to pay off other debts?
Yes.
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
Pay a personal loan off with a credit card?
All you can know about personal loan from this site. http://personal-loan-info.freehostia.com/ It will help you a lot as it helped me.
Who pays the car loan after death?
The executor is required to resolve all loans and debts. If there are co-signers on the loan, they may be held accountable. If there are not enough assets to pay off the debts, they are not resolved.
What exactly is debit consolidation?
It is a loan taken out in order to pay off current debts. It may sound redundant, however, remember it is a new loan which you take out in order to usually pay off older debts which may have a deadline approaching.
What do you do when some dies with a will and small estate and there is a balance on a car loan?
The executor should talk with the bank. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
When will you get out of debt?
If you are able to consolidate your debts, you will get a new loan to pay off other debts. Then you will pay off the new loan as quickly as possible. If it doesn't work out then you can make liquidation. Which is nothing but selling any company assests to clear the debt or undertaking it to clear the debts after getting to normal postion you can own it back.
Is it possible to get a personal loan if you are in bankructy?
Yes, but the rate would be very high (you are basically dealing with a legal/professional loan shark), and you would have to let the court know you have the money and, well, let's put it this way, getting a loan in bankruptcy is like pissing in the wind unless you get the loan to pay off the debts covered by the bankruptcy.
If a person has no estate at the time of death who is responsible for his loan debt?
The estate is always responsible. Debts are one of the primary reasons someone should open an estate. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
How does it affect your credit if you pay a personal loan off early?
It doesn't hurt your credit to pay off a loan early.
Can I use a bad credit personal loan to consolidate my debts?
Yes, you can use a bad credit personal loan to consolidate your debts. Debt consolidation involves combining multiple debts into a single loan, ideally with more favorable terms, such as a lower interest rate or more manageable monthly payments. This can simplify your financial situation and make it easier to manage your debt. Here are the steps to use a bad credit personal loan for debt consolidation: **Assess Your Debts:** Identify all your existing debts, including credit card balances, medical bills, and other outstanding loans. **Check Your Credit Score:** Understand your credit score, as this will determine the type of bad credit personal loan you may qualify for. **Research Lenders:** Explore lenders that offer bad credit personal loans for debt consolidation. Compare interest rates, fees, and terms to find the most favorable option. **Apply for the Loan:** Submit an application for the bad credit personal loan. Be prepared to provide information about your income, employment, and outstanding debts. **Loan Approval:** If approved, review the terms and conditions of the loan carefully. Pay attention to the interest rate, repayment period, and any fees associated with the loan. **Use Loan Proceeds to Pay Off Debts:** Once the loan is disbursed, use the funds to pay off your existing debts. This may involve paying off credit card balances, medical bills, or other outstanding obligations. **Focus on Repayment:** With your debts consolidated into a single loan, you'll make regular payments according to the terms of the new loan. It's important to prioritize timely payments to avoid default and additional fees. **Budget and Financial Management:** Take the opportunity to create a budget and manage your finances more effectively. This can help prevent the accumulation of new debts and improve your overall financial health. Using a bad credit personal loan for debt consolidation can be a viable strategy, but it's essential to be mindful of the potential drawbacks. Bad credit personal loans often come with higher interest rates, so carefully assess whether the consolidation will result in overall savings. Additionally, consider alternative debt consolidation methods, such as balance transfer credit cards or debt management plans, to determine the most suitable option for your financial situation. Why Use GreenDayOnline Loans Get emergency cash to help you quickly No hard credit checks Get an approval decision fast $100 to $5,000 can be used for any purpose Safe Secure and 100% online Call Us On: (800) 424-2789 greendayonline dot com
Where can one obtain a factoring loan?
A factoring loan is a loan that is granted based off of your trade debts. You can obtain one of these loans from 1st Commercial Credit, Accord Financial and Capital Plus.
