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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

When does the emerald advance line of credit offer expire?

The Emerald Anvanced Line Of Credit offer expired on midnight of January 18th, 2008.

What does it mean to disburse a loan?

Usually when you are granted a loan it will have 2-3 disbursements. Think of a disbursement as a "payment." If half of your loan pays out to the school, you will begin paying interest on that amount. When the second disbursement comes in, you will begin paying interest on that next amount.

What constitutes a delinquent student loan as in how many months late before it goes into default?

Default 270 days past due for federal loans. For private it varies and you have to read your loan agreement. Delinquency is not paying the full payment amount due, the day it's due.

If we have bad credit will a cosigner help us get a mortgage?

Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.

Coul I get a Bad Credit loan with a 470 score?

I'll be honest with you, as many people probably won't. I've worked with enough people with bad credit as a car salesperson to know. That score is too low and you will probably get turned down by anyone you apply to. There's a couple things you can do. One, pull your credit, visit my site through my bio page, and see if there are any debts you can pay off that will help to raise your score. DO NOT pay off any debts that say "charge-off." These are debts the lender has given up on and basically written them off as uncollectible. If you pay them off the lender probably won't report it to your credit so it won't help you anyway. If you pay off other debts that you are just late on though your score will eventually go up. Second, if you really need a loan now, you'll have to find a co-signer with good credit. Someone that is about 650 or above, and has a credit history. In other words, NOT under the age of about 23, as this is too short a time on the credit bureaus to have a "history" of good payments on loans, which is what the banks look at to see how responsible a person is. Find someon over age 25 with a history of paying on credit. Good luck to you!

Can you get a job at a bank if you have bad credit?

You can't, I've been trying for months. Even if you've had perfect credit in the past and due to unforeseen circumstances your credit takes a dive, no one cares. So all I can tell you is to try and file bankruptcy and get discharges on your old debt. Start over, and cross your fingers!

Can a home be foreclosed on due to default on a business loan?

IF HOME IS PART OR UNDER BISINESS OR USED FOR . THARE FOR IS .PART OF AND CAN BE TAKEN. TO COVER LOAN FROM BANK. AND ALSO DEPENDS ON HOW IT WAS WRITTEN. AND OR HOW MUCH MONEY YOU HAVE FOR LAWYER. ALOHA AND GOOD LUCK GOD BLESS

What do you need to get a loan?

Hello i am Mrs Grace Steve Washington Dc USA,when i was in need of loan last week to carry out business transaction a friend of mine introduced Abu Isa loan firm to me at first i was scared because of the scam in the internet but i decided to give them a try to my greatest surprise my loan application was approved and transfer to my bank account without any form of credit check,no cosigner,no collateral and with just 4% interest rate so i will advise anyone out there that need a loan to contact them via their email,abuisaloanfirm40@yahoo.com

Can you get a home equity loan to specifically pay off liens on same property?

Absolutely! We do this all the time. Taking this action will actually increase your credit scores.

However, make sure that if you spend money on your home that you have to borrow that it is for things that update the home, maintain it or help its sales value.

Can you have more than one payday loan at a time?

Yes, it is possible to have more than one at a time. However, not at all payday lenders. Some lenders have a verifier that tells them if you currently have a loan through another lender. Some lenders won't mind and others will hold that against you. Also, as with most loans, its just not recommended that you have more than one at a time just because you don't want to get behind and get yourself into more debt than when you started.

Can you go to jail for not paying a bank loan?

Jail is not a penalty for not paying a bank loan. The bank can bring a judgment against the person who does not pay the loan back.

Can your daughter be on your car insurance if you are not cosigner on her car loan?

Yes: Your spouse/children can be included on your insurance policy regardless of who was/if there was a cosigner on the car.

How do you get a loan on your home?

First and foremost you need to fill up a home loan application form. After checking all your credentials and documents that you submit, the bank decides, whether to reject or accept your form. After the loan has been sanctioned you will receive an offer letter. After you have chosen your property, make sure to submit all the original property documents to the bank. After the technical and legal valuation check, the draft documents should be finalized, signed, stamped as well as registered. The bank transfers the property ownership documents in your name and lastly you have to make the payment. The bank provides 85-90% of the estimated amount and the rest you have to pay.

Lenders always put their interest at the top of their agenda to ensure that they will be able to recoup their investment and make profit out of the transaction. In order for this to happen, they have established strict evaluation criteria to screen properly potential borrowers to minimize the risks they are taking.

One of the things lenders look into is the borrower's income. The second thing lender's look into is the borrower's savings. The third thing lenders look into is the borrower's current financial commitments and debts.

What happens if a house with a mortgage is left to adult children who do not want to assume the mortgage?

The house has to be put up for sale and the profit will be divided between the children. You may also let the bank repossess the house if it has little value.

Can you get a bank loan if you are 17?

Depending on the state. Most states require to be 18 but it is possible for you to get a loan but with a co-signer

How can you get a loan with 470 credit score?

Not sure why you are even asking. With credit scores (FICO, not Vantage Scores) of 300 - 850, you want to have your credit scores at least over 640+. If you can get them to over 700+, your payments would be so much lower. Research what the difference of payments are if your credit scores are higher and much lower. Do credit repair (legal by federal law) and enjoy lower monthly payments, better interest rates, obtain jobs, etc. Please don't even try to get a loan if your credit scores are in the 400 and 500 range. It just doesn't make any sense! Get educated, get your credit scores higher!!

What does having a business as a 'Company' mean exactly?

The basic difference being that company shares in a LTD are not available to the public while those of PLC are.

Should you pay off a default loan before or after you apply for a Mortgage?

You should pay off your default loan before because you may not qualify for a mortgage loan because you already owe money.

If you live in the US can you get loans in UK?

Applying for payday loans in UK you will easily get eligible because the requirements are very simple as usual: age over 18 years, current employment with regular income and valid bank account and among them there is legal UK citizenship. So, I suppose, that if you are following all these points, you can borrow money with the lender's website even from abroad.

What are the 5Cs of credit?

5 C's of Credit refer to the factors that lenders of money evaluate to determine credit worthiness of a borrower. They are the following: 1. Borrower's CHARACTER 2. Borrower's CAPACITY to repay the loan 3. COLLATERAL or security/guarantee for the obligation 4. Borrower's CAPITAL (business networth) or downpayment for the loan 5. Present and anticipated CONDITIONS of the borrower, collateral, business, and the industry or economy in general