Loans

I was wondering the same thing. My father was the loan guarantor of my daughter's college loan, and he passed away a couple of years ago. Letters are still being mailed to an address where he never lived.

Yes.

Yes if you co-sign for a vehicle you are just as liable as the primary person so if they dont pay you have to pay or both your credits are hurt

You probably will, but beware of the interest rate. Low credit scores do not prevent you from getting loans, but you will pay much higher interest rates than someone with a credit score of, say, 790.

Reverse mortgages come in different styles, however most are insured by FHA through the HECM reverse mortgage program. These programs are under FHA's oversight, who is part of the department of HUD.

There are some private reverse mortgage loans available as well, however they have significantly higher interest rates in most cases and offer smaller loan to value's. the private reverse mortgages are typically used for jumbo loan sizes where the FHA lending limited is not sufficient for the borrowers needs.

Your father's estate is responsible for his debts. If he owned any assets when he died his estate must be probated. You should speak with an attorney.

I need the sort code of bank of America in Washington

No . It will be considered as deposit. But you can take it from the director's relatives or family

If you wish to write a letter to a bank manager requesting him to sanction a loan of tk 2lakhs against the security of a tk 3 lakhs, then you should obtain the required form from an attorney and fill it out.

Not sure where you reside, but they can in Canada. They can, however, only take a certain percentage of your gross, say up to 30%. If you sign a promissory note, you are agreeing to pay it back. Just pay it back.

take salry ceritificate ,get it attested from from embassy and u will get loan,am going to do the same today.

A guarantor is the person who agrees to pay on a debt of someone else if the person who guaranteed to pay defaults on the loan. A guarantor is a type of co-signer for the loan.

Sure, why not? You can sue for any reason. However, you need some sort of proof if you would like to actually win...

Yes. The leinholder (the person who has to pay the loan) and the lender (the person who receives the loan payments) is not related to the person insured to drive the vehicle.

Mortgage is a conveyanceof property, subject to a right of redemption whereas a charge only gives a right to payment out of a particular immovable property without transfering it

The question itself, on my own perspective, has two meanings:

1. You are using the debit card to loan money from financial institutions or money lenders as a guarantee.

---- When you borrow money to some lenders, they require you to guarantee your loan with the credit card. They will allow you to lend from 70 - 100% of you credit card's limit. This scenario may not be applied to a debit card even if it has sufficient funds.

2. You are using the debit card to receive the loan that you have filed with a lending institution or money lender.

------ If the debit card is issued by the bank itself, the lending company can deposit your loan to this account for you to receive it by withdrawing using the card itself.

While there are templates and forms that can be found online and in various software programs to help homeowners write a hardship letter, the best idea may be to discard these aids and write the letter themselves. The hardship letter is the borrowers' opportunity to explain what happened to cause them to fall behind, what they did to fix the situation, and why they are not expected to miss any payments in the future. This could be done more effectively with hard work and reflection, rather than plugging a few details into a template.

In California, a second loan can be recourse or non-recourse, depending on if it were originated as a cash out second or a second based on a purchase money loan.

The cash out scenario (recourse) lender has the option to foreclose on the property and pay off the first lender. Not often done. If the first lender forecloses then in California the recourse (second) lender (in a cash out transaction of course) can turn that loan into a personal debt or collection.

Yep.

No, you dont unless he left the house to someone else. then you pay someone who works for the bank to back date the removal of his name from your new morgage. Good luck

we can influence people by telling them the benefits they will be getting by taking the loan..........

They can buy them, set up a website, advertise through radio, TV, billboards, direct mail etc. Get referrals from other professionals etc. Lots of ways to get the leads, the key is being effective with the marketing and providing service good enough to work customer referrals over time.

Bad credit motorcycle loans are much more difficult to get approved for then the average consumer loan, but this does not mean it is impossible. Lenders see motorcycles as a higher risk because of 4 main reasons: 1. High theft rate 2. It is easier to hide a motorcycle (then say a car) so lenders equate this into their credit decision. 3. Damage when bikes are wrecked is a very high expense and causes people to default on loans. 4. A motorcycle is a luxury purchase most of the time and not a necessity causing higher default rates on loans. With that said you can find lenders that offer bad credit motorcycle loans. Your interest rate will be a little higher, but it is possible. It is important you find lenders that specialize in bad credit and if you get declined at one lender just stay persistent and don’t give up. When communicating with lenders let them know you will buy theft and collision insurance and especially let them know if the bike is a necessity. These factors help reduce the lenders risk and can help them get you approved. Also, before you submit a motorcycle loan application make sure you get your credit report and check it for errors. Since many creditors have touched your credit file the chances are there have been errors made. If you find errors contact the credit bureaus and get them fixed. Persistence is the key to getting approved for bad credit motorcycle loans. Work with as many lenders as possible and never give up.

Adults

If you do not get another policy the mortgage company will procure its own policy which will only cover your home. The policy covers the bank's interest, not yours. For example, if your home burns down, the "forced placed policy" will not cover any damage to your contents.