Loans

If they both signed the contract and were legally able to enter into a loan contract no names will be removed. All signers remain equally responsible for the loan until it is paid off.

You cannot get your name removed from a valid loan. If you signed the contract your name remains in place until the loan is paid off. The only time I have seen the name on a valid loan adjusted was when a signer passed away and another party legally assumed the loan from the finance company. And no, divorce decrees will not help you.

I was.in my local Jackson hewwit office.they are doing ral loans but have a 1500 dollar max on the loan was told this 1-09-2011

Stop payments on payday loans will rarely work. They do ACH withdrawals from your bank account. All they have to do is enter a slightly different amount than what you stated on your stop payment order. It would still get sent through because the amount will be different. They're used to this. If you don't have the funds to pay your loan and they will not work with you, you may have to close your bank account. You can open a new one that they won't have access to. Let the bank know what's going on. They've seen it before most likely. Check your state laws. Some states have made payday lending illegal due to the excessive interest rates they charge. This means that they are not enforceable, and you may be able to get out of it. If your state allows payday lending, then you could always be sued for default, but that's about it. It's no different than not paying on a credit card.

A mortgage is generally used for the purchase or improvement of real property by prudent borrowers. However, in the United States home equity mortgages have become popular. Under a home equity mortgage, the owner is enticed to use the equity they have in their home as money to play, purchase luxuries or pay off credit cards. The real property is used to secure the equity mortgage. If the borrower defaults the property is taken by the lender by foreclosure.

Investors lose their investment.

yes they do. for 2010 they will run your credit, and no matter the ammount of your refund... they will deny you for no credit or bad credit.

A person should write a memo to the bank manager requesting a loan status by including the request information, in addition to their name and telephone number. An email address many also be included.

If you co-signed a car loan you can't take your name off the loan. If you co-sign for someone with no credit or poor credit you are promising to pay off the loan if they don't. The only way to get your name off the loan is to pay it off or have the borrower refinance the loan in their own name.

currently they do not have financing available. however they have sued hsbc

This market consists of investors who buy mortgages from primary lenders, such as banks and thrifts, so that the lenders can use that money to make new loans.

In 1942 the United States home ownership rate stood at approximately 46 percent.

The loan must be paid off and refinanced in the primary borrower's name.

There are no federal laws protecting you from collections on a Sunday. Often, collectors just don't work on Sunday's, so those days seem to be relatively quiet. Your state may have a law that makes it illegal, however you would have to check with your state consumer protection agency or attorney general to find out for sure. Chances are, they are entitled to call you. Federal law states that they may not call you before 8am or after 9pm any day.

I'm not sure if it's the same thing, but there is a scam taking place involving loans, often payday loans. You would get a phone call from an unknown or very odd looking number on your caller ID. It would be someone with an American sounding name, but a very middle-eastern accent. They tell you that you had a loan you never paid, and that in order to avoid charges being placed against you, you have to wire them $XX. If you question them, they tend to get rather irate in an attempt to scare you. It is believed they are operating out of India, and it is a scam. Never send money to someone you don't know, period. If you had a loan, then they would by law have to send you validation of the loan, proving that it was yours. These particular folks won't even give you an address for their "business", and they certainly won't send you anything in the mail.

You need to pay off the present loan. Most people do that by adding the balance on to their new car loan, getting deeper and deeper into debt.

That's how payday lenders make money. Payday lenders count on you NOT being able to pay the whole thing back on payday. They design them so that you can "only" pay the fee on payday if you can't afford to pay it back. Actually, most of them will automatically only take out the fee on payday unless you tell them otherwise. So, in 4 pays you have paid $300 in fees on a $250 loan, and then have to pay the $250 off. (Most lenders will only let you extend 4 times). Now you've paid $550 for a $250 loan. Imagine how long this can go on if they let you go past 4 extensions! That's why some states have made payday lending illegal. Also, chances are that your payday lender isn't even licensed to give loans in your state. You can check with your state attorney generals office or consumer protection agency for more state specific information. You may end up having to consider closing your bank account so they can't take any more money from it. They're not going to listen to you if you simply tell them to stop.

You may only owe one payment, and if it's late, they can legally reposess your car. I would expect they would give you ample opportunity to catch up on your payment first. Once your car is repoed, they sell it, generally at auction. The money they make is theirs. You could check your own state laws, but generally there is nothing at all that precludes them from selling the car for more than you owe. On the opposite side of the coin, most repos end up getting sold for less than the debtor owed. Then, they come after you for the balance.

The Fair Debt Collection Practices Act (FDCPA) is a federal law that spells out exactly what debt collectors can and cannot do. Unfortunately, the FDCPA doesn't necessarily protect you from the creditor themselves, but only a collector. Some states have set standards and made laws above and beyond the FDCPA that essentially make the same rules apply to creditors as well. Your state attorney generals office or consumer protection agency could give you more info. You can also check out the Fair Trade Commission website. They enforce federal collections laws. Research your bank online and see if they have had any other complaints about their collections practices. In a nutshell though, they cannot threaten you or harass you. You could always send them a cease and desist order telling them not to call you anymore, however you may have to find some common ground if you want to keep your car.

If you still owe the bank, then the bank should be listed as a lien holder on your car title. In effect, they own the car, not you. If you were using the proceeds of the sale to pay the car off, then you may be ok. Check with your bank. Otherwise, you could be violating the law by selling their collateral. They could sue you and have you charged with a crime.

Title loans are worse than payday loans. If you miss a payment, they take your car. The interest rates on these loans are generally very high, making it quite difficult to pay back on time. You run a great risk of losing your car. The amount of money they give you for the loan is a mere fraction of what the car is actually worth. It's a win win situation for the lender. I don't like payday loans at all, but I would even say that they are better than losing your car.

Did you actually take out a payday loan? Often, if you default they will try to attach additional fees, outrageous ones at that. If you never took out a payday loan, you need to find out why they are taking money from you. You should call the lender immediately and find out what's going on. If it is a case of trying to take more than you owed, you should talk to them and find out why. The problem with some payday lenders, especially on the internet is that they can be shady. They won't stop trying to debit your bank account, so you may have to close it. Contact your state attorney generals office and find out what their laws for payday lending are. Contact a consumer rights attorney. If someone is taking money you don't owe, then you need to also inform law enforcement. If you applied for a loan, and they never gave it to you but are trying to take it back out, you need to research to make sure they never deposited the money into your account to begin with. Let your bank know what's happening.

It is an enterprise that is not specified as an allied one. There is a lot of confusion with non-allied banks and their laws.

TILA. Truth in lending act.