How much is a half of one third?
1 sixth. 2 twelfths. 4 twenty fourths. 8........................... well you get the idea.
How do you get a car loan without a cosigner?
start building your credit, get a department store credit card, like a target card, buy stuff then pay it off the next day.
Why does the emerald card from HR Block have a 20.00 fee for each and every time you use it?
Because it is a money making, highly profitable business and it finds people foolish enough to pay it.. Because it is made for people who don't really deserve or have credit, and is denounced by virtually all consumer groups as a form of predatory lending. Of course, while it is unquestionably terrible and something basically only a fool would chose to use...and likely making those with financial problems and not the understanding of even basic finances to know better situation worse, only something they could answer.
Repackaged loans are issued to ensure cross-sectoral consistency in the requirements for financial institutions and remove any potential misalignment of interests between the originators (the companies issuing the financial instrument) and investors in such financial instruments.One of the causes of the present instability in the financial markets is the repackaging of debt securities and the distribution of these investments throughout the financial markets. Whilst the repackaging of debt in itself is not inherently risky the function of passing debt to a third party gives
rise to the hazard that the originator can issue loans knowing that their debt will be repackaged and sold as an asset backed security to a third
party. This removes the credit risk from the issuing organisation and so the originator often has little interest in writing 'good' risks.
How does defaulting on a car loan affect your future credit?
Any default on any loan will damage your credit in the future.
If you have never had a car repossessed you have had a house repossessed Can I still get a car loan?
Most likely not depending on what financial situation you're in.
What is the principal of a loan?
The money you owe.
You pay the principal, plus interest (rent for using someone else's money) to repay the loan.
The principal is normally the amount borrowed, which is reduced by paying any amount exceeding the interest.
The principal is the original amount that you borrow. It is usually set for an equal payment amount which includes the interest charge for the period. The principal decreases each time you make a payment as the interest amount due is based on the loan balance at the interest rate of the note.
Easy example would be:
You borrow $1000 @ 10% interest monthly. Monthly payment is $150.
Month 1 - Interest is $100 so $50 would be deducted from principal, new balance is $950.
Month 2 - Interest is $95 so $55 would be deducted from principal, new balance is $855.
Month 3 - Interest is $85.50 so $64.50 would be deducted from principal, new balance is $790.50.
Month 4 - Interest is $79.05 so $70.95 would be deducted from principal, new balance is $719.55.
Month 5 - Interest is $71.15 so $71.96 would be deducted from principal, new balance is $647.59.
A much easier way is to print an amortization schedule.
Can you get money for school if in default of student loan?
In the US, only if you rehabilitate or consolidate the defaulted loans. To rehabilitate, you need to make 9-12 ontime payments to your current lender.
A great program that started this past July 1 is the income based repayment plan. If you consolidate your loans, you can opt in for this repayment program. Your payment can be as low as $0 a month, based on income and # of dependents. You also have the balance forgiven after 25 years of repayment, even if you have hardly paid any of it.
If you want help with the consolidation of your loans, click on the link below.
You pay the seller as normal but the money is released to the seller when you confirm you have received the product.
Pay interest on deposits, use it for their operational expenditure, to pay salaries to its employees etc.
Pay interest on savings accounts
What is the formula to calculate mortgage payment?
The answer: you probably don't want to know.
Here it is: P = L[c(1 + c)n]/[(1 + c)n- 1]
where P equals payment, L equals loan amount, n equals number of months in the loan term and c equals monthly interest rate.
If you are just wanting to calculate what a monthly mortgage payment would be, there are several mortgage calculators available online. Here's a link to a good one:
http://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx
An amortization table
Advantages and disadvantages of paying by lay-by?
advantages:
you get the product you want
you can get the product at a sale price
you can pay off the product by depositing small amounts until you have paid off the total amount
no interest fees apply
Disadvantages:
you may not be able to pay off the product you have put on lay-by
What is the loan and advances?
loan is a type of debt
. To make a payment before it is due to the payee
Can you get a loan transferred to an accountnow debit card?
Yes. As long as the money is sent by ACH (automated Clearing House), which is an electronic transaction.
You can also pay a loan, such as a payday loan, with your AccountNow prepaid debit card. Most payday loan companies allow you to use a prepaid debit card to pay back a loan.
However, AccountNow has their own loan system. They offer short term loans, which they call the iAdvance Line of Credit. It is just like a payday loan but much cheaper.
Since you already have an AccountNow prepaid card, you may just want to use this option. Call the customer service number on the back of your card to see if you are eligible. If you are eligible, the only requirement is to have direct deposit set up on you prepaid card account.
For more information, visit: http://www.accountnow.com/services/iadvance-loan.aspx
What is GE Money bank loan payoff phone number?
i had past account with Lowe's that i want to pay but i call Lowe's they say they cant help me. I'm asking for a phone number to call get my account number and pay it off.
please help
How much interest should you charge a friend?
Two answers here:
a) Don't loan your friend money if charging interest has even crossed your mind.
b) Businesses that pay my company late are subject to paying "6% interest above the Bank of England base rate.
What is it called when you Fail to pay back a loan?
Defaulting. This will effect your credit score and ability to acquire credit in the future. Most loaning institutions will try to work with you to avoid a complete default. You must be honest, and sincere in your attempts to set up a new schedule for repayment and hopefully you can work together to find a solution you both can live with.
Can a cosigner on a car loan sell the car without approval from the other?
No, both parties would have to be in agreement and sign off to sell or trade the vehicle.
Can a payday loan garnish your wages in Oklahoma?
Oklahoma State law is very clear that if a lender does not re-pay their loan, Payday Lenders may ONLY have a persons wages garnished by Court Order. So, the short answer is yes.
If you do a reverse mortgage CAN you rent out your home?
No, you must keep the home as your primary residence, renting out the home is a violation of the mortgage agreement and could result in the mortgage note being called due.
Can you get a good loan rate if their are satisfied judgments on your credit report?
Yes you can, it will be based on your credit scores and how you are currently paying you debts now.