Can you reinstate an auto loan after repossession in the state of California?
You can (so they say) but they make it extremely hard! The finance co. has to work with your insurance company to verify that your insurance and tags are up to date and they take their sweet time about it, so that by the time they state it's OK to get your car back you have racked up more fee's, which by the way is extremely hard to deal with since you're obviously in a financial bind since you lost the car at this point. They then want 12 references to put a last bug in case you are late again. Needless to say. I chalked it up to, "I guess God is telling me to I can't afford this $450.00 payment" at this point in my life and to get a used car to get me from point A to B.
What happen if you can not pay your car loan?
When you don't make regular payments, your car will repossessed. Now if you had an upside down loan, you will still owe the lender.
How much can you borrow on a reverse mortgage?
The amount is based on your home's value, the interest rate, your age, and the location of the home. Basically, the older you are, the higher the loan size to home value may be. there are a number of reverse mortgage calculators on the web as well as on my site that can be used to get an approximation, however a real general rule of thumb is to use your age, subtract 10 and put a % sign behind that number. This will give you the loan to value you qualify for. That formula is not very accurate but will give a general answer.
How do I register a cash loan business?
You must obtain a business license from the municipality where you wish to establish your business. Since a loan business also qualifies in many states as a loan/banking/finance business you will probably need a state license to operate. Contact your state's Secretary Of State office, which is the state agency for registering most businesses.
What do you do when you received a reverse mortgage the lender states it is a refinance?
Until just recently ALL reverse mortgages were refinances. Recently we have been given the ability to use them for purchases.
Check your paper work carefully. If you still need assistance, contact a HUD approved HECM counselor.
Can an emancipated minor get a bank loan?
a minor would need good credit (income + a history of paying bills on time)
Are parties entitle to paper work prior to closing mortgage?
we took a reverse mortgage received no paper work the title company sent a man to our house to close he came hours late and we had no time to read anything i was told if i didn't take this loan we would go into foreclosure so what could i do i later found out by law they were to sent papers truth in leanding prior to closing is this correct
contact a real estate attorney in your state to assist you
What are some car loan lenders that deal with bad credit?
If you are located in Toronto, Canada, here are few google results for bad credit car loan providers.
1. Auto Credit Financial - http://www.autocreditfinancial.ca
2. Ontario Credit Solutions - http://www.ontariocreditsolutions.com
3. Whitby Motors - http://www.whitbymotors.com
Good luck
The Savings and Loan crisis was caused by?
deregulation of the industry and the subsequent expansion of savings and loans institutions into commercial real estate and junk bonds.
The monthly payment is : 1635.76
for calculations more than a year you can use..
http://www.estimatepension.com/amortization-Schedule-Calculator.aspx
How can they sue for non-payment if they are not part of the agreement? Why wouldn't the spouse sue?
Most likely, nothing, as long as the payments continue on time. If the payments stop, the lender with foreclose on the property and the borrower's estate will be impacted. The payments are still due beyond the death of the borrower - they become the responsibility of the borrower's estate.
An equally important question is who is now the legal owner of the real estate. If the decedent didn't transfer the property to a survivorship tenancy with another, their estate must be probated in order for title to pass to the heirs at law or under the terms of the will. An estate of real property must be probated in order for title to the property to pass to the heirs legally.
What is a sample of a request letter for a company loan?
Dear Sir,
It is with great anticipation that I am requesting an advance on my salary of the amount of $00000 (write amount in words).
The advance in salary will help with an unexpected financial need. Of course, I will expect to repay with terms agreed upon, and prefer that regular payments be taken out of my salary.
Your kind consideration will be highly appreciated.
Sincerely,
Are FmHA and USDA loans the same?
The FMHA loan program, often referred to as Rural Housing or USDA Loan program, is a very unique type of program through the Farmers Home Administration (a federal agency under the Department of Agriculture) which is designed to help average to below average income borrowers purchase homes in rural areas - oftentimes without the need for a down payment. The Farmers Home Administration (FMHA) Loans are government guaranteed loans for low to mid income level borrowers seeking to buy affordable housing in rural communities. These loans are not available in major metropolitan areas. These loans are made to applicants who do not now own a home and the loans are used to buy existing houses, buy new-built houses, or qualified new manufactured houses located in rural areas.
Life insurance paid to your estate could possibly be used to pay off personal debt. However, if the life insurance is paid to a beneficiary, it is their money, not yours, so the beneficiary has no obligation to use the money to pay off your debt.
Only one trick at this time. Whenever you go out in the market for shopping a home loan always have a copy of your credit history with you. Of course you have to spend at least $10.00 to $20.00 dollars to have your credit score. It would do a few wonders such as:
1- It would make you look a smart loan shopper.
2- You would be able to bargain better loan terms.
3- You would be able to work with more than one broker at the same time to buy
a better loan deal as we know when brokers compete for your business you win.
4- It you allow more than one broker to print out your credit report it would decrease
your fico score. It also increases the number of times your credit report has been
ordered and would stay on your report for years to come.
5- And last but not the least always work with more than two brokers for a loan, any
kind of loan. Let the brokers race against each other to win your business. Let their
numbers do the talk. At the end of day whoever gives your better deal just take!
and yes, you can count your own money much better than any body else.
Can i still get financial aid if you owe student loans?
Yes, you just have to be in good standing. Not delinquent. If you are delinquent, there are options such as forbearance and deferments for bringing you current so you can get more loans.
Is there any banks that will give loan to people who are in chapter 13?
If it is possible, it would be difficult as bankruptcies do terrible things to your credit. Potentially high interest rates as well with very strict terms.