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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

Can the spouse live in the home after the spouse dies under a reverse mortgage?

Yes Watson.

But the real question is: can the spouse spouse the home after the reverse mortgage dies live?

Can you file a charge against collector saying you will be arrested for not paying a payday loan?

A criminal charge would not be applicable. However, if the debtor has proof that a collector has made threatening remarks such as noted they have violated the FDCPA and are subject to censure.

Do recorded mortgages need an amount?

No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.

No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.

No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.

No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.

Is there an easy way to get approved for credit?

Not really

You can go to a Pay day loan store but that is enormously expensive and foolish

You can get a low limit Credit card from your bank to start. As long as you make your payments the bank will increase your limit every 6 month or so if you ask. That will look good on a credit report.

Having a large down payment helps if buying a car or similar item on credit. The Lender looks at that and sees equity in the purchase if you stop making payments.

Finally having a good credit rating makes things easier.

Even though I havent used credit to purchase anything in years my bank sends me offers to raise my credit limit on my credit line or lend me long term money all the time. This makes it way too easy to over spend. So I don't

What is the term used for an amount of money borrowed by the government and the interest on the money that is borrowed?

The term used for an amount of money borrowed by the government, along with the interest on that borrowed amount, is called "public debt" or "national debt." This debt arises when a government finances its expenditures by issuing securities, such as bonds, to investors. The interest paid on these securities represents the cost of borrowing.

Where can one look online to find the cheapest loan rate in the United States?

It is difficult for one to provide a site online where one can find the cheapest loan rate, as there are a number of different types of loans such a mortgages and consolidation loans. In order to find the cheapest rates for a loan such as a mortgage loan the site "Bankrate" allows one to compare different rates available. The site also allows rate comparisons for a variety of other loan types.

When should one get a promissory note?

A promissory note is to provide and record details of a loan. One should receive one if a personal loan, business loan or real estate transaction has taken place. A promissory note is legally binding and can be used in a court of law if the borrower does not pay. It is a more complicated version of an IOU.

What kind of reserves does a bank use to make loans?

Traditionally, the banks use the deposits of their customers to make loans. Now a days they can also borrow money from the fed at an inter bank rate and lend it out at a profit. Up until the 70's the US was on the gold standard which required the government to keep gold on reserve to cover the value of the money the US Treasury printed. In the 70's the US went off the gold standard.

Where can a low rate interest loan program be found?

Low rate interest loan program can be found in your local loan programs buildings. It's also possible to contact some of these companies online to know more about it.

Where could one find more information on commercial loan rates?

People can find information on commercial loan rates through their local bank, through newspaper advertisements and through recommendations from business associates.

What is one advantage of getting a loan from Barclays instead of any other bank?

Barclays is a financial institution based in the United Kingdom. One advantage they have over other banks is that they have a price guarantee. If you find a lower rate on a loan they will not only match that price, but give you a bit of extra money for your troubles.

What are some benefits can be derived from the use of an equity loan calculator?

An equity loan calculator helps determine the actual value of your home compared to the amount of income you receive to determine how much you should take out on it to make affordable payments back to the lender.

Who will give you a credit repair loan?

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How do you find out who holds the mortgage on a house?

Unless you are one of the people or agencies allowed to know that you can't.

If you are a person or agency that is allowed to know that you know how to find out.

If you have a legal claim against the property or owner you r lawyer will be able to access that information.

What are two companies that will offer a personal loan to someone with bad credit?

Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.

Who are the borrowers?

Borrowers are individuals or entities that obtain funds from lenders with the agreement to repay the borrowed amount, often with interest, over a specified period. They can be consumers taking out personal loans or mortgages, businesses seeking capital for operations or expansion, and even governments issuing bonds. Borrowers are typically assessed based on their creditworthiness, which influences the terms of the loan and interest rates they receive.

Why is a loan a liability for a bank?

The person or business may not pay the loan back and the bank has to take the loss

How can you have a loan turn up in your bank account when you have not signed paper work?

Possibly you have over-drawn your account, by writing a check for more money than you have, but if you have overdraft protection, the bank then issues an automatic loan to cover the check. Another possibility, which I think is less likely, is that the bank simply made an error, or that you are the victim of identity theft.

Can you repay a loan with a partial surrender on a life insurance policy?

Some types of life insurance develop cash value; these are called whole life policies. Term insurance has no cash value. So it depends upon the kind of life insurance you have, and it may also depend upon how long you have been paying premiums.

If the cosigner and the primary borrower are on the car loan but the payment book is in the primary's name who owns the car?

The owner of the car is the person listed on the Certificate of Title.

The owner of the car is the person listed on the Certificate of Title.

The owner of the car is the person listed on the Certificate of Title.

The owner of the car is the person listed on the Certificate of Title.

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