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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

Are those online payday loans true?

Do not really know what the question is but if you would like to get an online payday loan click on the payday loan link and it will provide you with information.

What does dda gl credit mean?

DDA=Demand Deposit Account....(ex, checking account, savings account, etc) GL=General Ledger.... Credit=Positive Entry, Entry going -in-, opposite of debit....

What is a car loan?

Car Loans are designed for those who wish to finance a car for personal use. It is the way you can borrow money from future. A car loan can give you immediate use of the car of your choice in exchange for regular payments over an agreed period of time.

Car Loan is a facility to buy your dream car same day i.e. you need to just apply for loan with some required documents and then bank will verify that documents if you have good credit score, good employment then you will qualify for that loan.

What is the best way to buy a house?

Best way to buy a house is through an online real estate agent, they easily help you to choose the best of houses at affordable rates.

What happens if my mom cosigned on an auto loan and I file for bankruptcy?

Your mom will be responsible for the debt and if she does not pay it could affect her credit, she could be placed with a collection agency or sued in court.

What is your mortgage payment?

A mortgage payment is an agreement entered into with a lender, which the borrower pays a monthly "mortgage" payment until the dept is repaid.

To figure out what your actual payment would be, you can use many mortgage calculators, plugging in your specific interest rate and amount borrowed. See related links for the one I use.

If you can not afford your car loan can you renegotiate?

Certainly.. You can renegotiate OR modify your existing plan. I would suggest you to get an OPTION REPORT from "Autorelifgroup". With which you will come to know your options.

Use this link for more information.. http://www.autoreliefgroup.com

Ronny

Can you refinance a car loan?

Even the most experienced of borrowers and financial mavens may not realize that the term "refinance," commonly used in conjunction with home mortgages and lenders, can also be applied to car loans. More importantly, yes, you can refinance your car loan in an effort to get yourself a better interest rate, a lower monthly payment, or possibly both. The only thing that is essential is that most lenders will require that you don't have an upside down auto loan (owing more than the vehicle is worth).

If you do decide refinancing your auto loan is not the right choice for you, consider paying off your loan quicker, which will essentially reduce your interest rate.

Do mortgage companies refuse loans to people who work for employment agencies?

In most cases yes simply because the employment is temporary in nature and can stop at any time once you go permanent the dynamic will change.

What is Assignment of mortgage?

A written document serving as evidence of a transfer of a loan obligation from the original borrower to a third party.

What is the monthly interest payment on 5 thousand dollars borrowed against a credit card with 12.9 percent APR?

Multiply the principle by 1/12 of the interest to calculate how much interest you pay for that moth. Ex: 1/12 of 12.9% = 1.075% (same as .01075). 5000 X .01075 = 53.75 interest to pay for that month. Hence, the first 53.75 of your first payment is for interest alone.

Why am I getting served on a foreclosure when the loan is in my husband's name in Florida?

You may want to double check the document to see if you were indeed liable on the loan. You may have not been on the loan but on the deed to the property also.

Can a mortgage company keep the unused portion of insurance claim money when the job is completed and inspected?

According to the person I spoke with at the Texas Department of Insurance (as this answer may vary with each state), the answer is no. The money belongs to the homeowner. The mortgage company must release the funds when the homeowner satisfies the requirements of the mortgage company, usually this is signed documents, contractor's invoice, and an inspection. Theoretically the mortgage company should then release the funds to the contractor and the homeowner. (Theoretically b/c our mortgage company comes up with something new they need every 2 weeks. We've been fighting for our money for 10 weeks now. So good luck!)

Who owns the vehicle if you are the primary on the vehicle loan?

The lender owns the vehicle until it is payed for by the lender. The Primary lender will own the vehicle once it is payed for. It also depends on whose name appears on the title.

Can you voluntarily dissolve your mortgage with your lender?

Yes, by paying it off in full. You should review your original mortgage document to determine if there is a pre-payment penalty if you will be paying it off early.

Can you get a car loan with a 568 credit score?

I HAVE BEEN A FINANCE DIRECTOR AT A CAR DEALERSHIP FOR 10 YEARS IT IS POSSIBLE TO GET A LOAN DEPENDING ON WHAT IS IN YOUR FILE, AND WITH SOME CASH DOWN 10-20%

How much does a mortgage processor make?

A mortgage processor will average around 36,000 dollars a year. Sometimes they receive a bonus based on how many loans they process.

What happens when you can't pay your mortgage?

It reflects poorly on a bank to have real-estate in its portfolio of assets. When a borrower is performing well on their mortgage installments, the Asset in the banks portfolio is a performing mortgage. When a mortgage stops performing the first course of action is to get the mortgage reperforming.

The situation will be assessed to determine the best course of action for reperformance.

The loan may be recast so that the payment will be reduced but it will take longer to pay off.

A portion of the monthly mortgage payment might be deferred to the back of the loan balance. Ex. $1000 payment reduced to $800 (the amount owed on the loan increases by $200)

The interest rate on the mortgage may be reduced to get the note to reperform. (It's not uncommon for banks to sell their notes to other banks. Imagine that Bank of America has made a profit off of a note after a few years. The debt could be 180K, but considering the profit they've made off the note, they might sell it to another bank for 160K. So the new bank buys 180K of debt for 160K, and when they look at their books, they see that they are making 8% annual yield off the note when your interest rate on paper is 6%. so it's not unlikely that the bank is able to reduce the interest rate to get the note to reperform.)

Foreclosure proceedings. The homeowner has an equitable right of redemption. The bank needs to be sure they can repossess the house and in order to do that legally they must foreclose the homeowner's equitable right of redemption.

Can I get a mortgage with a judgment against you from an unpaid credit card I have fairly good credit otherwise but I have a judgment against me for an unpaid credit card from 2003. Thank you?

one of 3 things could happen.

1. denial of loan

2. the mortgage company will pay the judgment and tac it on.

3. or require you to pay it and provide proof that it is satisfied.

*** here is what you need to do**

tell the person who has the judgment you are considering filing a chapter 7 bankruptcy, and that you will include them in it unless they agree to settle for 50% of the amount and agree to delete the judgment and the account from your crfedit file all 3 of them. make sure you get their signature in writing first and that you agree to pay them within 30 days .

or you could dispute it with all 3 credit bureaus and hope they don't respond and it falls off but be aware all 3 credit bureaus and most creditors are computerized and will reponse very quickly. it will work out in your favor. STAND YOUR GROUND BE FIRM.