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13y ago

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Is it fraud for a power of attorney to take out a home loan?

If the home loan can be proven to be to the benefit of the principal then there should be no problem. If it is to the benefit of the agent alone then the matter has to be investigated.


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yes they can call and take such action with the loan company that the loan company can then decide to take your car or call in the loan for full payment


Can someone on social security benefit's cosign for a loan?

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When was The Benefit Company created?

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You recently got fired from your job at a small loan company you also have a loan with them what happens now that I have no income to make my payment?

Generally, your status as a recepient of the loan is unrelated to your status as an employee. (Frequently, the loan itself is no longer owned by the original company and has been sold to another, although the original one may service it, that is - accept payments and accounting for the new owner). Hence, you can expect the company to respond like it does to any customer that fails to make the payments on a loan. That your ability to pay may be caused by your work status is not a consideration. Sometimes, the lender may have provided a special rate or terms on the loan as a benefit to an employee. Depending on the specific agreement, the loan terms may change, generally the benefit ceases after a certain time (or the loan may even become due) when you are no longer an employee. That means your payment may increase. Look at your particular loan documents.


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Is a loan with the lowest rate usually a good loan or not?

Each Loan offering company has its own rules and regulations and yes its possible that a company offering a loan on easy terms and conditions or on lowest rates is a an authentic company who is offers quality loan packages.