Loans

One is through the state and the other is through the federal government. You may want to make your question more specific (in particular, knowing which state you're talking about would help).

Shareholder loans are debt

That would depend on the credit worthness of the person wanting to lease. It is a separate transaction just as if you wanted to buy a second car.

Popular myth! The reality is that everyone has a credit rating if they live in their own place. Buying a car on loan hurts your credit at first. (Loans are always bad) and then slowly increases your score until you are 12 months short of the end of your loan.

You can have a perfect score for credit and have never paid a bill on time. Your credit is not diminished until the 30th day after the due date of your loan. You can pay 25 days late forever and have perfect credit.

You can have bad credit even though you never pay late too! If you keep loans new or have more then 20% of your balance on credit cards your score goes down.

Every time you apply for a loan, you lower your score for a year. If you want high credit, pay your utility bills and rent on time! Do not get any loans! You will find the road to wealth is not from loans, but saving money. People with flashy cars are almost always broke.

On the mortgage documents is a list of the interest payments for each year. If they are by month, you add them up. You get the year's interest payments. When you fill out your income tax forms, you put mortgage interest in the proper blank. Then you follow directions. If you use a computer program, it is even easier.

Your mitigation is probably an attempt to have your mortgage reduced. You are telling the bank that you can not afford to pay the old amount. You need to pay a smaller amount of money. Whether or not the bank will go along is a different matter. However, if you stop paying anything, they probably will not go along. Why should they do anything for a deadbeat? It probably will not do you any good to show them you are a deadbeat. It would probably make more sense to show them that you can pay them something. It would be to their benefit to let you reduce your payments because then they can get money from you. So it would probably help to pay something on your mortgage.

If you have a first mortgage and a home equity mortgage, the home equity mortgage is a second mortgage. If the home equity mortgage is not paid, the lender can foreclose and take possession of the property subject to the first mortgage. The home equity lender can pay off the first mortgage and keep any excess proceeds from a sale.

You do not have the option of not paying off the home equity mortgage when you sell your home. The buyer's attorney has the legal obligation of clearing any liens on the property prior to the buyer taking title. Any unpaid mortgages will be paid from the proceeds of the sale before the net proceeds are paid over to you. If you owe more than the selling price that will impact the sale and must be resolved before the sale can take place.

Yes, for most loans.

For most loans, the late fee is added to the minimum payment required (and the balance at the time of incurring the late fee) and will be deducted from the balance once the payment is received.

Certain mortgage interest paid on a primary residence, meeting some other qualifications, is deductible against ordinary income - as an itemized deduction, if that is what you mean.

A commercial mortgage is mortgage loan in which a commercial property is kept as collateral to secure the repayment of the loan.

An amortization loan is a loan where you have to pay off the principal over the life span of the loan generally through equal payment.

Who would loan this!? You can certainly ask someone to goive you a few hundred for a car, but no loan company would do so. This is what got the person in trouble to start with. There are very few investments worse then a car. Tell them to buy a $200 beater. I know that the current administration is trying to keep porr people from owning cars (cash for clunkers), but there are still good deals out there. Do go into debt when you are struggling with it now! That is not learning from your mistakes.

A bank overdraft is an unsecured line of credit. The size of the line is negotiated with the bank and the rate is generally tied to the Prime rate (or LIBOR).

Under consortium financing, several banks (or financial institutions) finance a single borrower with common appraisal, common documentation, joint supervision and follow-up exercises, these banks have a common agreement between them, the process is somewhat similar to loan syndication.

Yes.

When applying for a store card (or a credit card), the signature on your application implies agreement to the contract between you and the lender if the decision to extend you credit is made. Also, if you use the card, there is language in the Terms and Conditions section (fine print, the contract) which states that your use of the card implies you will accept the contract.

Unlikely. You absolutely should not get one. You have a few problems you need to deal with first. Get a $500.00 beater for awhile, you will be happier in the long run.

When writing a letter for an interest rate reduction, the account number should be in the letter. It is also important to note how long the person has had the account.

Yes. It will also improve the co-signer's credit too.

There IS NO INTEREST RATE, TIPTOPCASH IS A SCAM.... I FILLED OUT THE FORM AND THEN RECEIVED NOTHING BUT TEXT MESSAGES AND PHONE CALLS TO GOTO OTHER SITES TO APPLY! THEY HAVE SENT ME LINKS TO ATLEAST 10 OTHER SITES ALL WITH THE SAME MENTION OF UPTO 1500 LOAN... DONT WASTE YOUR TIME... SEARCH THE NET FOR A COMPANY WITH A PHONE NUMBER TO CALL (THEY DO NOT PROVIDE A PHONE NUMBER)

Include the extra payment to your monthly payment and designate on the payment coupon the amount that is to be applied to principal. If it doesn't have a space for that, it's ok. Any additional amount you pay will be applied to principal.

By providing them with proof that you have already made all repairs.

Per FS 494.0016 All books, accounts, records, documents and receipts for expenses paid the licensee on behalf of a borrower, including each closing statement signed by the borrower, shall be preserved and kept available for examination for at least 3 years after the date of original entry

as far as i can tell and have been told there are only 13 episodes.

The mortgage must be paid. When a property has been encumbered by a mortgage the property remains subject to the mortgage even if the title is transferred or the original owner dies. You need to pay off the mortgage or make arrangements with the bank to transfer it to your own name. If the mortgage isn't paid the bank will take possession of the property by foreclosure.