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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 is difference between mortgage interest rate and mortgage APR?

The Mortgage Interest Rate, just refers to the cost of borrowing money. The is the figure that you see most often advertized.

The APR, or Annual Percentage Rate, takes into consideration many fees involved in your home buying including: interest, mortgage insurance, points, closing costs, etc.

What is the purpose of a XSD?

xsd stands for xml schema definition, it specifies how to formally describe the elements in an Extensible Markup Language (XML) document. This description can be used to verify that each item of content in a document adheres to the description of the element in which the content is to be placed.

You want to know your loan balance?

ID 03361626150001 Ref:009104005000101 I want to know my loan balance. Cydronia

What is result of default on RV loan?

Default on an RV loans is a serious consequences. Besides losing your RV, your credit score is affected negatively and you will most likely still owe the bank money. It is good to avoid defaulting on your RV loan.

Where do I get a 26000.00 personal loan?

Given a good credit score over 640, a good income over $40K and existing debt that does not go over 30% of your current income, you can safely get a personal loan via your local bank or credit union, but beware personal loans may carry a hefty interest rate depending on whether they are secured or unsecured.

Secured meaning that it is backed by something of value in the even that you default on the loan. Most peer lending sites online offer better interest rates than most banks when it comes to unsecured personal loans but usually have a maximum that they can offer the borrower at any one time of $25K, some sites allow 2 loans to be placed at any one time, which for your situation would mean that one loans is for 25K and the other for 1K or to be more reasonable to the lenders make one for $13K and the other for 13K. I would look into finding a group of existing private lenders that will share your loan request with others in order to fund your loan faster.

Can we refinance a balloon mortgage to a fixed mortgage?

Yes, usually through the lender that originally financed you. They want their money, right? So, if you cannot make the balloon payment when due, it is in their best interest to refinance you into an affordable fixed rate loan. This way, you can make monthly payments, and they get their money = everyone happy.

Difference between a secured loan and non secured loan?

A secured loan is a loan which has been secured against an asset, in most cases a property. This reduces the risk to the lender as if the borrower defaults on paying the loan back, the asset can be sold by the lender to reclaim some if not all of the monies.

An unsecured loan poses a much greater risk to the lender and the higher interest rates reflect this risk. If the borrower defaults on paying this type of loan back, the lender only has the option of issuing a default against the borrower reducing the likelihood of the borrower getting furtutre credit.

If you are looking for a loan within the UK visit

http://www.guaranteedonlinepersonalloans.co.uk



or alternatively visit

http://www.guaranteed-acceptance-loans.co.uk

Can you consolidate your student loans?

No you can not consolidate your student loans. You must pay them and finish them thoroughly and completely. I'm sure that after your done with them it will be totally worth while.

Can creditors take your student loan refunds?

New Answer: No they can't. You can get it back. I just got off the phone with someone from NEDAP who told me that student loan refunds are exempt and that there is also some law that prohibits them from taking money out of your account (something about low income) if you have less than $1700 in your account anyway that's not student loan money. Get it back. And Google NEDAP. They are extremely helpful.

Previous answer: I am in the process of researching the same question. Here is what I have deciphered. If you have judgment against you ie. creditors have taken you to court and won, they have the right to go into your bank accounts and take money. So any bank account with your name on it is fair game, even if its tied to your school in some way. Most schools offer different ways of receiving your refund. My advice would be to get it in a paper check and cash it, or deposit it into a trusted persons(parents) account and get money from then when needed. Just remember that any account with your name attached can potently be drained down to 0$.

Are heirs responsible for mother's mortgage in Texas?

Although the heirs are not responsible for their mother's debts her estate is. That means that her debts must be paid from the estate before any distribution is made to the heirs. If the mortgage isn't paid the bank will take possession of the property and sell it. If there is a deficiency it may go after any remaining assets owned by the decedent. The heirs may need to arrange to sell the property to pay off the mortgage.

Can a Home equity loan be a first mortgage?

Your mortgage company will want its loan in first place, because they want to be the first to be paid in case of default. If you get a HELOC on a home that is paid off, then it is in first place. Some states, like Texas, also restrict the loan to value on any home equity loan- currently to 80%.

How much does attorney charge for loan modification?

It depends on the area. I've seen charge as much as 7,000 for a modification, with the median being about 5500.

What is the laws on repo's on title loans?

Almost without exception, once you car has been repo'd the title loan company has to hold the car for a set period of time, allowing you to pay the loan back. If you still have not paid (usually 30 days), the car is sold at auction.

You are a fireside bank customer should you still make your loan payments?

Fireside is a theft them self they take peoples money after the contract is over , like our contract was over in June 2010 an they still want 1980.00 more and they said its because we sent some payments past the due date, they are so full of, its not funny, but alot of the hispanic community is the once getting reped of ..!!!!!!!!

How can you borrow money to buy a car?

You could ask your friends but it would be more normal to take out a bank loan or a hire purchase agreement.

You should understand that if you can not make the payments to cover the loan (which will be for more than the value of the car) you will lose the car, still be in debt and have you credit rating ruined - Think and plan carefully before borrowing money.

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