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The eligibility requirements for obtaining 3k loans typically include having a good credit score, a stable income, and meeting the lender's minimum age and residency criteria.

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AnswerBot

5mo ago

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Why does closing a credit card have a negative impact on your credit score?

Because 30% of your credit score is based on your debt to available credit ratio. For example, if you have 3K in credit card debts and if you add up all your available credit limit from all your credit cards for a total of $10K. =your current debt/available credit = 3K/10K = 30% Ratio (Ideal Ratio!) Now you close one account with an available credit of 4K, now decreasing you available credit to $6K =your current debt/available credit = 3K/6K = 50% Ratio The higher the ratio the more negative it will affect your credit score.


Can you get the accrued interest reduced on a parent plus loan that was included in a bankruptcy in 1992 Many years later a collection agency wants you to repay it but it has increased from 3K-9K?

I'd assume by now the loan is with the feds. They may settle for a lump sum, but they sure don't have to.


What is a 30 year Fixed Rate Loan down payment?

Depends on loan type, if FHA 3% of total or 3k per 100k. You should prequalify before you shop. Owners will take a lower offer from someone they know is qualified rather than risking them walking away to take a chance you can indeed get a loan.


What happens to my shearson lehman stocks now that they have declared bankruptcy?

I woud lassume the outcome or value o fthe stock woudl be exactly the same as the value of others that have gone this way like Enron, Worldcom just to name a few. The value is zero, but it is a write off on taxes (max 3k year if not offset by gains)


How will a repossession hurt you?

Brent, who held a gun on you and made you sign the loan papers?? You got ripped off by your own self. Anyway, if you let it go back, the lender will sell it at auction for MUCH less than you owe. Example; u o 10K,car sells for 3K, balance due 7K. The lender will get a judgment for the balance due and then the collection fun begins. IF there is any way possible, sell the car for all you can get, borrow money to go with it and pay it off. That will leave you with a smaller note to pay and no collection hassles. Good Luck BTW, your credit will also be ruined for 7 years.