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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

Is bad credit loans worth it?

If you need the money, hey, you need the money.

There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.

How does a bridge loan work?

how does a construction loan work to bridge it to a VA. loan?

Auto loan with itin numbers?

Is my husband allowed to use his i tin number for a loan

Can a bank garnish a person's disability check for a loan?

All SS benefits are exempt from attachment (garnishment) by judgment creditors under federal law. Private disability benefits might be at risk depending upon the laws of the state in which the beneficiary resides.

When does interest start accruing on a Convertible Promissory Note?

Check the note, but it almost surely would start on the date the note is issued.

Is there a maximum amount that check cashing stores can cash?

Each individual check cashing store will have their own set limits on the highest amount you can cash. These vary depending on how much cash the business keeps available.

What is a business loan?

A computer is programmed to generate a sequence of three digits, where each digit is either 0 or 1, and each of these is equally likely to occur. Construct a sample space that shows all possible three-digit sequences of 0s and 1s and then find the probability that a sequence will contain exactly one 0.

How do you calculate mortgage interest?

to calculate mortgage interestyou can get largest infos in this subject and found more help for anyone need it

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Your age is 55 Are you eligible for Reverse Mortgage?

No. One has to be over 62 years old to get qualified for Reverse Mortgage.

When inheriting property when does the mortgage not go with it?

==One Answer== Inherited real property that is encumbered by a mortgage would be taken free of the mortgage IF the will also specified that the mortgage would be paid by the estate.

Is it better to open a new credit card or get a small personal loan?

a small personal loan, as you have set manageable repayments, cant respsnd once paid off (avoids negative equity) and boosts credit rating when paid off a small personal loan, as you have set manageable repayments, cant respsnd once paid off (avoids negative equity) and boosts credit rating when paid off

How do you write application letter to finance for student loan?

to,

the voice chancellor,

liaquat university of med and health sciences jamshoro hyderabad.

subject:request for self finance seat mbbs 2011-2012.

respected sir,

it is submitted,i beg to say that,i have given entry test but i could not successed so,i am applying here for self finance.if there is vacant seat.

therefore,please kindly provide me seat.

i'll be thankfull to you for your this act of kindness.

dated:14/11/2011 seat#14168

mahrukh yaqoob

Is the suriving spouse responsible for her husband's car loan if she is not on the loan?

I live in Illinois and when my spouse passed away 7/31/08 I was not responsible. I just called them showed them the death certificate and had them pick it up.

Can a person with low credit and a cosigner with good credit get a car loan?

Yes. As long as you have a co-Signer with good credit and at least 2% down, You should have no problem. ex. if buying a 20000.00 vehicle, You would want at least 4000.00 down, And more than likely your going to have an interest rate of 10%+

What is title seasoning for mortgages?

Title seasoning is when the lender requires the seller to be on title for a certain amount of time prior to closing. Title seasoning is only an issue when the buyer is in need of financing. So if you are a buyer who needs financing and you are buying from a seller who's been on title for a week, you need to have your mortgage broker find a lender who does not have title seasoning requirements.

If you are a seller, you either need to wait 90 days before you sell a property since that's what a lot of lenders require, find a cash buyer who doesn't need financing, or find a lender that does not have seasoning requirements.

What is the statute of limitations on second mortgage in CA?

A second mortgage is not included in a Statue of Limitation law. Explain more about your first mortgage, and I will be able to tell you what will happen to your second mortgage.

Is a joint mortgage needed for joint ownership?

Not necisarily. If you are married and the house was bought after the marriage then no. If you are married and the house was bought before the marriage and the person that did not originaly buy the house made one payment on it or you had a joint account that the payments came out of, then they are half owner. If you are just living together with no marriage, then the house it the person's that bought it, but you have to be carful of common law marriage.

Why are personal loans so much more expensive than mortgages?

Personal loans are much expensive than mortgages because there is no security associated with them. A mortgage holder can always take the house. If someone defaults on a personal loan, what can the get? Typically the person will have very little to take away that isn't already mortgaged. That is why they have high interest rates that would usually go from 16% to 22% to compensate for the risk.

How do you garnish a personal loan?

First, you must have a judgment against the debtor. Then you may initiate garnishment proceedings, preferably through the counsel of an attorney.

See the link below.

How do you compose a letter to explain negative credit to a loan officer?

Just be honest about the life circumstances that lead to your poor credit. Even if it was a total disregard for your personal credit just be honest,Remember it snot for the loan officer is is for the underwritierA good loan officer will go over the specific acounts that need addressing and are of concern at the initial loan application or interview Please i I can be of any further help please ask. Mike

Who owns the house after insurance company pays off mortgage following a total fire loss?

my mortgage balance is less than the total loss insurance claim check, how do i get the money difference to rebuild? I would like to keep the loan in place and have the money to replace the home that burned, the check is made out to both of us, mortgage company and us. Will they refund the money or pay off the loan? I need the balance to make improvements on the home that we are replacing. Which would be valued more.

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