0
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 a credit card stop a loan approval?
Yes. If you are approved for a loan based on your current debt and income, and then you obtain new debt such as a credit card you may no longer meet the requirements for your current loan approval thus resulting in a decline of the pending loan.
You must list all debt owed in a bankruptcy. In a Chapter 7 Bankruptcy federal student loans are listed on Schedule F as a unsecured non-priority debt with an indication that they are student loans.
Please note that nothing in this posting or in any other posting constitutes legal advice.
Do you have to own the house to get equity loan?
Yes, you must be the owner of the property. If you only rent the premises you cannot get an equity line of credit. There can be a mortgage, but you must have some equity. In other words, it must be worth more than you owe on it.
How much of your home equity can be borrowed in a home equity loan?
Every lender has different requirements, but the standard is 80% of your total home value. A $100k home may have up to $80k in loans against it. Some lenders will go to 90% or in some rare cases 100%. There are usually rate or fee premiums for higher percentages.
What is unsecured personal indebtedness?
Unsecured personal indebtedness is debt that is not secured against an asset. For example, a mortgage is a debt secured against an asset, being a house. If you fail to pay your mortgage, your house will be taken of you. An unsecured debt is that of a loan or credit card bill which is not backed up by an asset.
Who has had dealings with Apex Members for Loan Modification?
They are a membership based program that allows people the opportunity to get legal counsel to defend their rights as homeowners and stop foreclosure. They allow you to get an excellent real estate lawyer to modify the terms of your mortgage with a comfortable payment plan stretched out up to eight months. Most lawfirms that do this type of work will request an upfront retainer of around $3-5K in one lump sum. At Apex, you can get them to work with you for as low as $490 down and $250/mo until it is paid off. This of course is based on approval and it only makes sense if they are saving you at least $250 a month or more, or they are stopping a sale date so a potential client can save their home.
Is a certificate of deposit the same as a promissory note?
No, they are not the same.
Promissory note: represents a loan
- A promissory note written document in which a borrower agrees (promises) to pay back money to a lender according to specified terms. It usually includes specific terms of repayment, such as when the note is payable on demand and whether payment is due by a stated time or through a series of payments. A promissory note is a legally binding written promise to repay a debt.
Certificate of deposit: represents money deposited in a term account
- A certificate of deposit (or CD) is similar to a savings account in that you are paid interest on money deposited in a financial institution. However, you earn higher interest in exchange for agreeing to leave the money on deposit for a set period of time. CDs are a safe investment as long as you understand how they work and especially the penalties for early withdrawal of the funds. CDs are issued by commercial banks and savings and loans (or other thrift institutions).
What is the average mortgage payment in Michigan?
power factor control panel CT install before AVR and after control power factor
Does taking a loan on land to pay off credit card debt make sense?
No. That doesn't make sense.
If a person is trying to figure out how to pay their credit card debt that means they haven't managed their finances very well. That behavior won't change by itself. There is a good chance it will continue after they have mortgaged their home as security for a loan to pay off their credit cards. People who mismanage money often continue to use their credit cards and get deeper into debt. If they can't make their mortgage payments on time the lender will take possession of their property by foreclosure.
Try credit counseling before placing your home at risk due to out of control spending.
If the three owned the property as joint tenants with the right of survivorship the decedent's interest passed automatically to the two surviving co-owners. A copy of the death certificate should be recorded in the land records to clear the record title.
balloon
Is Embrace Home Loans a real loan company?
No, they are a huge scam. They are ''out to get your money''.
One resource, Sarah Julia Williams got a loan from Embrace Home Loans and they took her 10,000 dollars and relocated.
Is Jackson Hewitt doing rapid refund loans?
I am already a Jackson Hewitt customer and already have a Jacson Hewitt smartcard which I have my paycheck directly deposited to. Can I get an instant loan from them. I know it costs more but I really need it. And can I do it online
Can you use your credit card to pay your monthly car loan?
I don't have an exact answer but for sure Chase and Capital One don't take credit cards. You can use credit card checks but no direct debit from credit card.
What is the bank Repo rate in India?
Repo Rate - also called Bank rate is the rate at which central banks lend loans to the member banks of a country. This rate actually impacts the rate at which these member banks grant loans to their customers.
How do you put a lien on a title if you gave the loan but the title is in there name?
too late now. You must put yourself down BEFORE you lend them money. Or go with them to the DMV and have them allow you to be put on after the fact. You cant do it without their permission.
When does episode 14 of zombie loan come out in English sub?
There are only 13 episodes of the TV show Zombie Loan. Zombie Loan ended its run in 2008. The 13th episode titled, "We want to Protect," premiered in April 2008.
Can a finance company charge off on an auto loan if a payment was recently made?
"charge off" is an accounting term that has nothing to do with collection or amount owed or anything like that.
They can repo a car if a payment was recently made as long as you are behind.
How can you protect yourself if you cosign an auto loan?
There is no "protection" for a co-signer except paying the loan if the primary borrower doesn't pay. If you don't pay the loan then your credit will be ruined. If you pay off the loan you can try to sue the primary borrower in civil court but the chance of reimbursement isn't generally good if they needed a co-signer in the first place.
Understand that when you co-sign for a loan you are guaranteeing that you will pay if the primary borrower doesn't.
What is repo rate and reverse repo rate of RBI?
Repo Rate - also called Bank rate is the rate at which central banks lend loans to the member banks of a country. This rate actually impacts the rate at which these member banks grant loans to their customers
Reverse Repo Rate - is the reverse of repo rate and is the interest the central bank would pay its member banks.
Can a student loan be a charge off?
no but you would have 2 pay it back before u die or they just take it
