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What else can I help you with?
How do you get a loan of 15000.00?
Have good credit. At least good enough for the creditor. Have security, or collateral, up to half or more of the amount borrowed. Most creditors want double the borrowed amount, depending on your credit and how conservative the creditor is. The more security you have, the less the loan will cost. (interest rate.) If you have bad credit, no collateral, no assets to secure the loan, you can still get the money, but usually not $15,000. Maybe $5,000. The interest rate will be very high.. like 30% or close to it. Oh yes.. you need a job, at a minimum. If you have bad credit, no security and no job and want the entire $15,000, you can go to the mafia. Your security will be your knee caps, or your life, depending on the creditor. How badly do you want the money?
How much more does a settlement offer hurt your credit score than a full pay off?
THE CREDITOR WILL LIST THE ACCOUNT AS "SETTLED FOR LESS" AND NOT PAID IN FULL, THIS WILL TELL OTHER CREDITOR'S NOW AND IN THE FUTURE YOU WOULD NOT PAY YOUR DEBT IN FULL. THIS IS GOING TO HURT YOUR SCORE, IF YOUR FRIEND BORROWED $500.00 FROM YOU AND AFTER MONTHS OF ASKING HIM TO PAY YOU BACK, HE GAVE YOU $350.00 AND SAID THAT'S ALL YOUR GOING TO GET. HOW WOULD YOU RATE HIS CREDIT WITH YOU AND WILL YOU EVER LOAN HIM MONEY AGAIN??????????????????
Can you provide some debt settlement examples to help me understand the process better?
Debt settlement is when a debtor negotiates with creditors to pay off a portion of their debt. For example, if you owe 10,000, you may negotiate with the creditor to settle for 5,000 instead. This can help you pay off your debt faster and for less money.
What is the first step for debt settlement?
The first step for debt settlement is finding out how much an individual owes, and after that, the following step is to contact the creditor or company. Usually the most effective way of contacting a creditor is to call the company, because it leaves room for questions and takes less time.
Can a collection agency reject a payment from you if it is less than the payment for the settlement they asked for?
Yes, a creditor/collector has no legal obligation to accept payment for anything other than the agreed upon amount. The same premise applies to making less than the minimum payment on credit accounts as well, such action would render the agreement null and void and the creditor can legally demand payment in full.
How to Settle Debts for Less Than What You Owe?
If you have an account with a creditor that is seriously delinquent, the creditor may agree to a debt settlement to pay off the account in full. You may approach the creditor with an offer yourself, or you may work with a professional debt settlement agency. Both methods have advantages and disadvantages that are worth researching ahead of time. If your creditor accepts the settlement, you only have to pay the agreed-upon percentage of the debt.
If a creditor loans money for a 5 year period during which there is intense deflation will his repaid loan buy more or less goods or services?
more
A perfectionist is a person who?
accepts nothing less then execllence
Is it true that if you pay a creditor whatever you can afford each month even if it's less than your monthly minimumm they won't be able to get a judgment on you?
If you contact and work with the creditor and the creditor agrees.
What is it called when money buys less than it used to?
Inflation
Oppression against people who make less money is called?
classisim
Can your wages be garnished if you are paying less than the minimum required amount monthly on medical bills?
It is possible. When a contract is defaulted the lender/creditor may use whatever method is available under the laws of the debtor's state to recover monies owed. Consumer's sometimes believe that if they pay any amount oon the debt and the creditor accepts the payment, other action cannot be taken, this simply is not true. It might be prudent for the debtor to contact the creditor and try to negotiate more affordable repayment terms.
Is Bernard Baruch a country that owes less money than it is owed?
A creditor nation is a country that owes less money than it is owed. This idea came up during the campaign of Woodrow Wilson after WWI. Even today, the US owes more to itself (individuals, pension funds, etc.) than it does to foreign governments.
What is it called when the value of money drops?
That's simple! Inflation. Money has less value, and to compensate it, product prices have to be higher.
What is it called when a company executive hires his family for more money and less experience?
nepotism
Can a creditor place a lien on a vehicle you once owned but sold?
If you transferred the vehicle to a friend or family member for less than fair market value in order to avoid a creditor the court can nullify the transfer and the creditor can place a valid lien on the vehicle.
Create a program which accepts a number not less than 10The program prints the reverse of the number?
ten
