answersLogoWhite

0

💰

Loans

Money lent to individuals or businesses in return for interest in addition to repayment of principal. Common types of loans include commercial loans, interbank loans, mortgage loans, and consumer loans.

13,117 Questions

What excuses can you make to get a crisis loan from the job centre?

ring them up (0800 0327952) and say you have no gas and electric on your meter and no food at all in the house. They will ask you what you have spent your last giro on, so make sure you have it written down in front of you because they try to catch you out.

Always ask for double the amount you want off them because they only ever give you up to 60% of your loan amount.

Or if its your giro day, ring them up and tel them you lost all your giro and you dont have any more money.

Be sure you know exactly what you are going to say on the phone because they try to play your words into NOT paying you, which is their main priority.

Better to pay in full or settle a credit card debt?

In most cases, it is always better to pay the credit card off in full because the payoff is best for your credit rating.

If you are able to settle the debt with an agreement that states that the credit card company will not send an adverse action transaction (e.g., chargeoff, workout, etc.) to the credit reporting bureaus, then you are better off settling.

What is the breach of a contract mortgage by lender?

Your mortgage contract has a clause like this:

23. Reconveyance: Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it.

When the mortgage originator sold your note did he do his duty and request the Trustee to reconvey the Property and surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee?

I don't think so!

This is a black and white breach of contract.

Can you sue for money owed from a personal loan?

Sure, hopefully you have a signed promissory note as evidence of the loan. If not, its your word against the defendant.

How can you get a loan for the business abroad the US?

In order to get a loan for a US business when domiciled outside of the US, one has to either provide collateral or demonstrate that the business is providing enough cash flow to cover the debt in some period of time.

Please be careful when evaluating loans - if someone offers one a cheap loan compared to othe lenders, there is a high likelihood that the provider is committing fraud. Also, do not EVER send money to someone in order to be "considered" for a business loan - the lender (if "lender" is the appropriate word) is most certainly running a scam.

Can you go to jail if the payday loan company threatens to use it as a bad check?

They will claim anything to you get you to pay them. Check with your State or County law regarding collection on debt. There are guidelines that they have to follow. That being said I would be relatively confident in saying that no, they cannot claim that the money was issued on a bad check.

Can you trade a car that's upside down?

As long as we are talking about the loan being upside down, not the car:

Yes you can trade it,

BUTIt is not recommended as you will pay a large penalty in extra interest.

If a cosigner on a car loan is declaring bankruptcy will you lose your car?

mosquito's. if you get bitten my a mosquito that is carring malaria the chances are high that you will get it.you cant get these mosquito's in England you can get them in some parts of Thailand and in other places.

Does mortgage insurance usually pay off a house if one dies?

This insurance covers the mortgage debt if you should face an untimely death before it is paid. There are life insurance policies that carry optional mortgage coverage insurance that in many cases are more beneficial than what you would receive from your bank. Do some shopping around before making any decisions.

How long does a loan company have to repossess your car in Maryland?

Legally, your car could be reposessed after one missed payment. The terms of your contract cover default. Most will not repo your car after just one missed payment, but they could. I would certainly suggest attempting to work something out with the bank.

What is deferred principal balance on a mortgage?

A deferred balance is one possible method for a borrower to modify a loan. This normally would be done if the borrower is struggling with repayments, but there is a strong prospect that the borrower's financial situation will improve in the long term. Lenders typically will not insist that a borrower already be behind on payments before agreeing to such a modification.

The other part of the balance effectively becomes an interest-free loan to be paid off as a lump sum at the end of the mortgage term. The effect is that the person's monthly repayments will be lower because the amount of the principal subject to monthly payments has been reduced. Whether he winds up paying more or less overall depends on whether the loan repayment period is extended for so long that even with a reduced balance subject to interest, the total interest charged increases.

A borrower who gets a deferred balance should make plans to have the cash on hand to pay off this balance when the loan period ends.

What can the mortgage company do if you don't have homeownes insurance?

They would typically purchase their own insurance for you and charge you for it. The bank insurance is usually extremely expensive.

How do you get a car loan with no job?

list your sourse of income

if you r having other sources of income by which you can repay your loan,then it is easy to approved for a car loan.but if you don't have enough income to pay your loan then you can go through co-signer. you can ask your parents also to be co-signer for your loans.if they ready then research online for lowest interest auto loan lenders.otherwise contact your area car loan lenders.

Can you get a loan for a liquor license?

You can get a loan for your business then if the allowed in the terms of the loan use some of the loan to purchase your liquor license.

What is plus mod balance in bank loan?

plus mod balance in bank loan is the money who pay on the bank that you loan with interest rate and original cost.

Trending Questions
When a borrower receives a discount loan the interest total is subtracted from the principal and the borrower receives the remainder what is remainder of the loan called? What is the purpose of writing a magazine article about how to get a lower mortgage rate on your first home loan? What is the statute of limitations on having to pay a bank Back for a student loan? Is a loan is current liability or long term liability in the balance sheet? What is it called when you Fail to pay back a loan? If your home is foreclosed on are you still liable for the mortgage? Am I responsible for paying off my deceased husband's automobile loan? Can you use a student loan for gas? Does it matter credit wise after a car is repossessed whether you pay off the balance immediately or let bank auction and settle the difference? Should a married couple put both names on an auto loan? Auto loan hasn't been made in over a year and lender has not contacted you what do you do? If you're making an attempt to pay on a loan do they have to accept the money I give them? What if a lender repos your car and sells its for more than the balance due on loan? Can your wages be garnished in Virginia for a defaulted car loan made in North Carolina? Is it possible to get a real estate loan if you have poor credit? Are companies that offer instant cash loans reliable? Is it improper for an officer or director of a private LLC to take a personal loan from an investor in the corporation? Has eastern savings bank been accused of mortgage fraud? In what countries is PMI mortgage insurance available? Is there a grace period on missing a loan payment?