Loans

loan is money borrowed and debt is money owed. :-)

That depends on if the lender uptained a judgment againt you. They would have sought a judgment if the value of the car exceeded the balance of the loan at the time it was reposesed. Some peole are stupid enough to intentionally make their car worthless if it's going to be reposesed. The differanc between the value of the auto and the loan is what the lender will go after.

A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. Home equity loans are based on the amount of equity you have built up in your home. (Home equity is the difference between the current value of a home and the amount still owed on the mortgage. As the principal of the mortgage amount decreases as a result of monthly mortgage payments, the home equity increases) You can borrow your loan as a traditional home equity loan (second mortgage) or a home equity line of credit (HELOC), which functions in a similar manner as a credit card. These loans are sometimes useful to help finance major home repairs, medical bills or college education.

Your name must be on the insurance policy, otherwise you are not a covered driver under that insurance policy. Failure to disclose a known driver can void any coverages afforded by the policy and is a well known form of insurance fraud.

It's fairly easy to buy a nice used car after you've been discharged from bankruptcy; there are companies that send mailings to these people offering them car loans.

You'll pay a high rate of interest,though. Buying a nsw car or leasing a car tends to be more difficult, but if you have an income adequate to pay off the loan, you may be able to get those, too.

My name is Linda Phillips, Wyndham Rewards issued a credit through your bank for $3800. I do not have my acct. # but it ends in 2649. I live at 1401 Chicago Ave., Egg Harbor City, NJ 08215 I haven't received a statement since I made the first payment of $100 by phone since Oct. 2011.

Can you help me.

in most cases of legal agreements you can be at least 17 when signing a car agreement but they may ask for a parent guardian to sign as a gaurantaur. this can happen even if you are over 18 if they do not have enough information about your credit history in most cases of legal agreements you can be at least 17 when signing a car agreement but they may ask for a parent guardian to sign as a gaurantaur. this can happen even if you are over 18 if they do not have enough information about your credit history

Yes in theory you can, once you receive your student loan as a lump sum you can use it for whatever purpose. But it is not wise due to the risk of your education.

Housing and Urban Development.

The world bank lends money to memeber nation so that they could be carry out the work of public importance and usefulness.

40,400,000

This question is incomplete. In most districts, you cannot incur new debt if you are a debtor in an active chapter 13 case. To refinance or incur any new debt, you have to obtain the consent of the Standing Chapter 13 Trustee in your case.

I think you have to die!

Your mother needs to do some estate planning now. If the house is in mother's name alone her estate would need to be probated for title to the real estate to pass to her heirs. She could transfer the property now to herself and her children as joint tenants and the property would automatically pass to the children upon her death with no need for probate. Since brother is helping her financially with the house she could transfer it to herself and brother as joint tenants then he would become thw sole owner upon her death. You should seek the advice of an attorney to discuss your options and the consequences of a transfer (including the mortgage). Brother should keep a good record of any sums of money he spends on mortgage payments and upkeep. The funds should be paid over to his mother by check or deposited in her account by check.

I believe they guarantee to resolve it, and pay any penalty or interest, but not the tax itself.

No, one third is in fact less than half. For example, if you had two pizzas and cut one pizza into two equal peices, that would have halves. Then, if you cut the other into three equal peices, you would have thirds. The thirds would be smaller than the halves.

Yes, it would help your credit score.

Yes, you should get auto insurance coverage when you have a car loan, and even when you don't have a car loan. The law requires it either way anytime a motor vehicle is operated on public roads..

The Loan Life Cover Ratio (LLCR) is one of the most commonly used debt metrics in Project Finance. Unlike period-on-period measures such as the Debt Service Cover Ratio (DSCR) it provides an analyst with a measure of the number of times the cashflow over the scheduled life of the loan can repay the outstanding debt balance.

If it was taken out before you were 18, it's your parents. After that, it depends on the kind of student loan, and who signed the papers.

murk

Security for a Loan is nothing but some form of guarantee to the loan issuing bank that a major portion of the loan can be recovered even if the borrower (You or Me) defaults.

Ex: Spouse or a friend or bank deposit receipts or gold jewelery etc. The presence of such security would enhance our loan eligibility.

No. The IRS doesn't take your tax refund unless you owe the government money, government insured student loan arrears or child support arrears. It does not collect money on behalf of banks. However, if you deposit your check in your bank account it can be frozen by a creditor and the funds taken.

No, since loans are not income (even if the obligation is cancelled, there is no taxable event as a result).

Also, the interest in personal loans may NOT be written off of taxes (unlike that of first and some second mortgages).

This is called a 'straw' purchase. It does happen in the industry, but the banks do not allow it.