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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 a person finances a car, proof of insurance is required, a buyer has about
24 hours to let his insurance company know about his car. In the event that
car buyer stops making insurance payments the finance company is almost
immediately notified and your car finance agreement charges the buyer
a higher monthly payment for "single interest" insurance. That is where the
finance company is reimbursed if vehicle is damaged, to protect their interests
but not the buyer's. They can then at least get it fixed, and sell to someone
hopefully more responsible. They have this stuff all figured out.
What payday loan company accepts prepaid debit cards?
r there any loans company that will accept prepaid debit cards.
What difference does it make if you get a grant or a loan?
You have to pay back the loan with interest.
What is the difference between first pari passu charge and second pari passu charge?
In law, the difference between the first pari passu charge and second pari passu charge is the that the first charge means it is a simultaneous charge in favor of more than one person or lender and equal in all respects. The second charge would is subordinate to the first and is in favor of the previous person or lender.
Can I qualify for FHA's HECM reverse mortgage?
The Home Equity Conversion Mortgage (HECM) program enables older homeowners to withdraw some of the equity in their home in the form of monthly payments for life or a fixed term, or in a lump sum, or through a line of credit.
In addition, the HECM mortgage can be used to purchase a primary home when the borrower is 62 years of age or older and is able to use cash in hand, money from the sale of assets or money from an allowable FHA funding source to pay the difference between the reverse mortgage and the sales price plus closing costs for the property.
Can a personal loan company garnish your paycheck for nonpayment?
Yes, if they file suit and are awarded a judgment the judgment can be executed as a wage garnishment.
Does a spouse need to sign a loan modification if separated in GA?
If responsible for the loan- yes.
If responsible for the loan- yes.
If responsible for the loan- yes.
If responsible for the loan- yes.
What are your rights if a co owner takes out an illegal loan against your property?
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
Generally one co-owner can borrow money secured by their interest in real property. Most lenders do not approve such loans since they cannot foreclose and take the property unless all the owners consented to the mortgage.
You haven't explained why the mortgage is illegal. You should consult with an attorney who can review the mortgage and explain your rights and options.
How are car loan defaults settled in court?
Under "contract law", in this instance the loan/payment agreement you signed at the time the car was handed over to you.
Can you get a loan to get my car out of the impound?
It is very unlikely that any trustworthy loan officer would approve a loan for this purpose.
Can you avail an SSS calamity loan even if you had an existing salary loan?
i think SSS doesn't have a calamity loan but they do have a SLERP (Salary Loan Early Renewal Program) where it is a type of an emergency loan where your present balance will be deducted to your new loan. but this is case to case basis. only if the Government declares a state of calamity on your area
Yes, The ex spouse may drop your name off the homeowners insurance, all the other party have to do is take out an homeowners insurance out in his/her own name. that way they know their investment is secure.
Another PerspectiveNo. There would be a problem if there is a pay off in the case of a catastrophe. Your ex would have to list her/his name as the owner of the property and that would be fraudulent. If it was disclosed there was a co-owner the policy would go in both names. An insurance company cannot pay only one joint owner if the property is wrecked by fire or some other disaster. If you own the property and are paying the mortgage the insurance company would be liable for paying only a half-owner. You should consult with an attorney in order to get this issue resolved.
How can you apply a mortgage through the government?
You apply through a bank or credit union. If you qualify, they will set you up for a VA (Veterans Administration) or an FHA (Federal Housing Authority) loan.
How many years do you reduce if you make two additional mortgage payments a year?
That would knock about 8 years off a 30-year mortgage; but I wouldn't save up money for lump payments twice a year -- just add the amount you're saving to the monthly payment instead. That'll pay it off a little faster.
See the related links for a calculator that'll let you play with different scenarios; there are many similar web pages, if you search the internet for "mortgage calculator".
When did green tree buy purchase gmac home mortgage loans?
The Green Tree did purchase the GMAC home mortgage loans five years ago. They are expecting to own homes in the near future because they will be financed by the mortgage loans.
What are retracted payments on our wells Fargo auto loan payment history?
Retracted means to withdraw from something. It also means to withdraw a statement, opinion or charge as not valid or unjustified.
It can mean take it back, reverse, repeal, cancel, recant, back out of, deny or recall.
Possibly Wells Fargo cancelled or removed payments from your auto loan history.
Is it possible to get Guaranteed Auto Loans with No Money Down and how?
I don't know what you mean by "guaranteed auto loans". Usually the phrase is used by used car dealerships and means that the dealership will either finance the car internally or has a relationship with a lender who has agreed to finance car loans no matter how bad someone's credit is (usually at very high rates) if the "usual" lenders balk.
In general, you do not want such a loan. You'll either pay much much more in interest than you should (best case), or you'll wind up defaulting and lose the car, plus still owe money.
What happens when car loan is paid off but late charges are due?
THEN THE LOAN IS NOT PAID OFF!
All late charges, penalties are added to the principle amount and then the payments continue until all owed monies are paid.
Penalties and repossession are still done at this point in the process
What primarily resulted from the late 1980s savings and loan crisis?
Deregulation in a high interest rate enviorment.
good answer!
Can you get a mortgage loan with a 674 fico score?
depends....
Most lenders are 620 min for a FHA/VA/USDA loan with 3.5% down.
You can go for a conventional loan, but with a 674 you would want to put down 20% to get out of MI and get a good rate.
The best option for you would be a VA loan if have ever served in the military, or you could do a USDA loan if you are looking in a rural area.
VA- 100% fin great rates no PMI
USDA- 100% fin great rates no MI
Is it against the law to hide your car from title loan company?
You will have to check with a local lawyer to be sure, since some states may have a law that says it is illegal, though I have never heard of one. You don't have to hide it, just keep it on private property and make sure the property owner does not give consent for anyone to come on the property and tow it away. The owner should call the police if someone trespasses on the property.
How can you qualify for getting instant approval car loan?
If your credit score is so low you do not qualify for a regular car loan, and have tried a local credit union with no success, so you go to a car dealer that has signs saying "we finance here," be careful. If you have enough income, you may get the "instant approval," but it will come with a high interest rate. Do not sign any document that has blank spaces. Do not apply at a lot of places, as that will lower your credit score even more.
Can you be sued in pa for a payday loan?
The laws regarding payday loans are simple, payday loans are prohibited in the State of Pennsylvania. (The Check Cashing Licensing Act of 1998 prohibits check cashing agencies from issuing payday loans) Thus you cannot be sued from a payday lender who loaned you money.
David Schmidt, PLDR
