Loans

It may depend on how long they have tried to sell it for. They may or may not be able to. I suggest you contact a lawyer in this field and ask it should be free for this.

Pay down whichever has the higher interest rate. Unless you mean ONE or the OTHER, the above answer is assuming you are paying and keeping both current, IF that is the case, then of course pay CC first, and talk to your tax account to see if it is IN YOUR case better to have a loan or a paid for home, as your income and many factors will influence that decision.

time---accounts improve your score for up to 40 years with the same account open----the highest is 850 so not much room for improvement there.

A war loans are debt securities issued by a government for the purpose of financing military operations during times of war.

The only way to make student loans go away is to pay them off. Recent changes in bankruptcy laws makes it almost impossible for student loans to be discharged in a bankruptcy filing.

Or simply avoid students loans, check out the Related Link.

Debit: Deferred loan origination fees

Credit: Interest income

in short talk all after tax money add together use one third its safe .

I wouldn't. Just make sure the payments continue to be made.

If the banks car (they own it until the loan is paid off) is repossessed and is in their possession, the loan terminates and you own no additional monies. However, any and all monies you paid up to that point you forfeit - in other words, there will be no refunds to you.

Then they cannot conduct business in your state. Many states have made payday lending illegal. You would have to check with your State's financial regualtory agency. Online payday lenders will attempt to tell you that the State THEY are in has legal authority. This is not true. The state you are in has the authority.

If you are within your three days of rescission, you return the car and are good to go. Otherwise, you are liable for the loan. You probably need legal advice to do otherwise.

If you are wanting to establish a credit rating e.g. at Experian so that you can then get a credit card then one method is to start with a prepaid card. Basically you get a Mastercard that will only let you spend up to the amount you have deposited on the card. The UK leader is cashplus and they will then report your payment of monthly fees as if they were a loan - thereby establishing a credit record for you. Find out more at http://workerspayments.co.uk/e1.htm

Yes, once you reach the age of majority, usually 18, you can signa contract and obtain a loan.

Nothing, so long as you do not get divorced or die, and then it varies by situation and state. If you refinance after you are married, your spouse may be a borrower with you or may "join in" on the mortgage. Again that depends on certain conditions of the refinance such as whether or not you are refinancing your homestead property. Finally when you sell, depending on the same factors, you husband or wife may have a role to play in that sale.

Generally, you can only borrow money from the following types of policies: 1. Whole Life (aka Ordinary Life, Cash Value Life) 2. Univeral Life 3. Variable Life Note: there are a few others which are much more uncommon, generally speaking. Note: there are some Term Life policies that accumulate cash in the form of Dividends (which can be either anticiapated or unanticipated) and interest paid on accumulated dividends. This type of "cash" can be withdrawn but it cannot be put back. 1. Whole Life The money which can be borrowed from a Whole Life policy are funds which are known as the "Guaranteed Cash Value". These funds generally take many years to accumulate (5 to 20 or more years) before their is any meaningful value (acknowledged subjective). The easiest way to understand just exactly what Guaranteed Cash Value (GCV) is, would be to imagine this increasing value (GCV) to represent the portion of the policy "Death Benefit" that has become liquid. This "liquid" Death Benefit is one of the features that allows a company selling the policy to keep the premiums level for the life of the insured. It must be understood that when you borrow these funds out of the policy, you have removed some of the liquid Death Benefit. Therefore, if you should have a claim (die), this portion which you borrowed (and have not paid back) would be deducted from the Death Benefit that is paid to your beneficiary. It is also important to understand that the Insurance Company will charge you interest on the money you borrow. The reason for this is that the money is no longer available for the Insurance Company to use in generating a gross return on its invested assets. 2. Universal Life The same scenario as 1. Whole Life above, excepting that the funds in a Universal Life policy that can be borrowed are simply know as Cash Value. A very important negatine characteristic of Universal Life is that borrowing money, which results in interest being charged on the borrowed balance, can cause the policy to terminate from inadequate funding. A lengthy explanation would entail but is not really necessary for the layman. Just know that you should make sure you are getting good advice on the effect of borrowing and the interest charges when you have this type of policy. There is a small percentage of Life Insurance Agents that are only interested in getting you to buy a policy and might not be giving you the best information, so call the company directly and get a printout that depicts the effects of borrowing money for a length period. (Stress point: I do mean a small as in a very small percentage of Life Insurance Agent. The vast ... vast majority of Life Insurance Agents are good people who are looking out for your best interests). 3. Variable Life The same scenario as above except that your money in a Variable Life policy is generally "invested" in "sub-accounts" (read mutual funds, not literally) and consequently is subject to much more "market risk" than funds in a Universal Life policy which are invested in the "General Account" and where the rate of interest earned is the only variable factor with direct relation to the Cash Value.

I was 18 (still am) with technically no credit when I was approved for an auto loan without the help of a co-signer. Four months or so before taking out the auto loan I was approved for a small personal loan (~$1,200) from the same finance company as somewhat of a trust-builder I suppose. All I needed to start was collateral, which was the title to my step-father's car (with his permission of course).

So don't let anyone tell you it's not possible or hard to acheive, because even with this economic environment, I was still able to, and I had a rough job history through a couple temporary job agencies.

The only way would be for the 2nd mortgage holder to "buy out" or "pay off" the 1st mortgage holder. Even then, I believe most states require that the 1st mortgage holder receive notification.

As long as you can keep your qualifying ratios under certain thresholds (they vary by loan type and program) you can get another mortgage while you have an existing mortgage. If your qualifying ratios are to high- then you will need to sell or refinance your existing mortgage to get your qualifying ratios within guidelines.

Should you have any other questions- feel free to contact Joy Bates, NMLS # 243437 or for California or Texas Home Mortgage Loans go to www.legacyfinancial.com

A driver's license is generally the most acceptable form of proof of identification.

The main difference between a mortgage and a Deed of Trust is the procedure that is followed if the borrower breaches his or her agreement to pay off the loan. With a mortgage, if a borrower "defaults" -- such as by failing to make monthly payments or meet other conditions of the loan, such as carrying homeowner's insurance and maintaining the house in good repair -- the lender must bring a court action in order to foreclose on the property. With a Deed of Trust, if the homeowner does not pay the loan, the foreclosure process is usually much faster and less complicated than the formal court foreclosure process.

What is the index value of my home loan? How is it calculated? Also, the marging of the loan, where is calculated or comes from?

Who ever signed the pay day loan contract owes the money. You bought the car for the friend so the title should have your name on it until such time as you have been paid for the car and you sign over the title to the person buying it from you.

Yes, you can. You add the rent to your income and add the payment to your monthly bills. The difference is called "positive cash flow" and it's ideally what you want to have or you will be losing money as a landlord. Owning rental property and making the payments on time with positive cash flow is a good thing when trying to get a mortgage, HOWEVER if you are getting a mortgage for more rental property, expect to pay a higher interest rate. The key is to finance it as your primary residence and live there for a while before converting it to rental property.

There are a lot of loan calculators out there where you can see what the loan will actually cost in terms of interest over time. Bankrate.com is a good one. If the thing you are buying will be old in six years, you certainly wouldn't want to have the loan extend beyond that time. Cars are a good example: put enough down so that you won't be "upside down" or owe more than the car is worth for a long time during the loan payment.

Doubtful ... at best, you would have to accept a really absurdly high interest rate, which would mean more financial doom in the long run.

A foreclosure remains on your credit report for up to 15 years.