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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
Is credit an issue for a emerald advance loan?
Yes, Emerald Advance loans are For People with Good Credit. Take Your Business Elsewhere. To someone who really wants To Help You.
Are Jackson Hewitt in louisville KY doing holiday loans?
no they are not unfortunatly and i have filed with h&r block for like the last fifteen years and last year didnt make the ten thousand dollar amount that you have to make to qualify for a holiday loan due to some bad luck' and jackson hewitt will not start their loans up til first week in january which is not goin to help me much through the holidays. does anyone know of anyone else that are doing tax refund loans for this month. i would sure appreciate it i lost my job last year and my twelve year old son all within one month. was just gettin back on my feet this year gettin back to work and the swing of life again. much appreciation for any imformation.
sincerely sandy tucker
What is non allied enterprise?
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.
It has already been determined in the courts that a payday loan is deemed to have taken place in the state where your computer is when you applied for the loan. Payday lenders will try to make you believe the loan is enforceable in their state, and not yours. This is not true. Your state laws govern the loan. It's always possible a payday lender will slip through the cracks and manage to file a suit against you. No biggie. When you go to court, be prepared to show the court that payday loans with excessive interest rates are illegal in your state. Furthermore, all creditors must provide written validation of the debt. Many internet lenders refuse to do this, which is also illegal on their part. Make sure you also let the court know if you never received validation. A letter in the mail or email is not validation. It has to be proof of you taking out that loan. If you still have a copy of your payday loan contract, that should be all you need to show the judge and prove your case. Research the Fair Debt Collection Practices Act as well. Also, if payday lending is illegal in your state, notify your attorney generals office about the situation. They will be able to give you more specific information for your state.
Can a bank discuss details of your loan with others?
Can a bank discuss details of your loan with others
I am talking specifically about banks not third party debt collectors so the FDCPA does not apply I was a few months behind on my car payment I have since caught up but while behind the bank contacted a sibling of mine I know that they can do that in order to locate me but they went beyond that and told them how far behind I was how much was owed and gave details about my account I thought they were not allowed to give that much information out I live in FL BTW
Can you get an auto loan in chapter 13?
Yes, it's possible. With the economy being what it is right now, it might not be easy, but it can happen. In fact, if you do get one, it's a great opportunity to make payments on time and reestablish your credit. Some companies like Autotrakk offer a service that is referred to as pre-paid auto leasing. You will actually make payments in advance, much like a prepaid phone. When you make a payment, you will receive a code to enter into a device in the vehicle. If you don't enter a code when your payment is due, the car won't start. It sounds worse than it really is. It's a good way to ensure that you will pay your payments on time because you have to if you want to drive the car, and it's a good way to rebuild. There may be other sub-prime lenders as well that may not require the prepaid service, or you could consider buy here pay here. Unfortunately, buy here pay here doesn't usually report to the credit bureau unless you don't make your payments, so that won't help your score much.
What are the benefits of a reverse to purchase mortgage?
Here are some bullet points. you can visit my site for a complete description or search online for more.
- No monthly mortgage payments are due as long as you live in the home as your primary residence.
- You keep home ownership and can sell and keep the equity at any time, you can pass on whatever equity is in the home to your kids.
- You will never owe more on the home than its value, nor will your estate. This means that if your reverse mortgage balance exceeds the value of your home you can walk from the property and the lender takes the loss. This applies to your kids as well. non of your other assets can be pursued.
- The money is received income tax free.
- The funds do not affect social security or medicare benefits. (Medicaid is different however- it can affect medicaid benefits)
- You can take the money in a lump sum upfront, in a credit line, or in monthly payments made from the lender to you.
- You can use the money for any purpose you want.
Is Jackson hewitt doing the iadvance loan in 2010?
is Jackson hewitt doing holiday loan for 2010 when can apply in Illinois
Is the mortgage paid out if your spouse dies?
Only if you cover that issue when you buy your insurance. It usually costs extra (doesn't everything!) but it insures that the mortgage balance is taken care of
They can still come after the cosigner, and it will still reflect poorly on your cosigner's credit history. You have been absolved of the debt, not your cosigner.
What can happen if you can't pay back on a installment loan?
It goes into default & will damage your credit. The only way it goes away entirely is if it's beyond statute (7 years generally) settled for some lump sum later or discharged in a bk.
Yes, its known as an acceleration clause. It was in your contract. That enables the lender to begin the process of repossession.
Can a car be reposessed if your loan is not in default?
Your contract may outline certain conditions that could still result in reposession, even if you're not late on your payments. For instance, the bank may require insurance coverage be maintained on the vehicle. Failure to do so could result in reposession. Read the fine print of your contract. If you can't find anything that helps you, contact a consumer rights attorney or bankruptcy attorney for a consult. They will most likely tell you the basics of what you need to know in your state for free.
Can a mortgage be modified twice?
Hi. My loan was modify about 3 months ago. I was told from my attorney and also from the mortgage company that the loan modification amount is include it with insurance and taxes (it was not on writing ) so I end it up accepting the offer that mortgage company has offered but the taxes and insurance was not include it to that payment n !. The mortgage balance at the time when I applied for Mod was $199K and when I accept it the Mod went to $215K but the payment was lower to $210 less that what I was paying before. The main reason that I accepted was that I did not wanna loose my house and the other reason was that I trusted my attorney. Now am I eligible for another loan modification ?
When you file bankruptcy, you may wish to reconcile a loan. Basically, it's a loan that you have that you don't want to file bankruptcy on. You intend to keep paying it as normal, while still declaring bankruptcy on other loans.
Why do bank still charges interest on loan?
Because, charging interest is one of the main sources of income for banks. Since you are borrowing money from the bank, it is the banks right to charge you an interest for lending you that money. Since they are giving you the money for your use, you are bound to pay them an interest for getting money from them.
When to apply for payday loan?
There are some urgent expenses, that are unforeseen and require fast reaction. They are urgent bills, credit card or mortgage payments, some medical or travel expenses, etc. Payday loans on-line was designed especially for such situations, as applying for instant payday loans you will get the requested money electronically deposited directly into your bank account the same day.
How can you get a 100 million dollar loan to buy a farm?
You probably can't unless you have 100 million dollars collateral already.
How do you remove a loan from the Kiva organization?
In order to remove a loan from the Kiva organization you will have to pay it off. After paying it off you can always take out another load if you need to.
What is the difference between equitable mortgage and registered mortgage?
A registered mortgage is a transaction whereby the borrower executes a formal written instrument that can be construed as a conveyance of their interest in land as security for a loan. The written instrument is recorded in the land records as a conveyance or a lien against the land. If the loan is not repaid, the lender can take possession of the land. If the loan is repaid, the rights granted to the lender under the mortgage are extinguished and the lender must release their interest to clear the title to the land. In many jurisdictions this is simply referred to as a mortgage or a deed of trust.
An equitable mortgage is an arrangement that involves borrowing money with the understanding the borrower's land will secure the loan or some other situation where a lien on the owner's real estate is implied by some credit arrangement. However, a formal mortgage document is not executed and recorded in the land records. It can arise under different circumstances and can also be referred to as an implied or constructivemortgage. A problem with equitable mortgages is that there is no notice to the public in the land records in most cases and the property could be sold without the loan being paid. Generally, if an equitable mortgage is not paid it must be enforced in a court of equity by a court decree against the debtor.
Examples of equitable mortgages:
1.) Charlie found himself in financial trouble after losing his job. He informed his friend, Stewart, of the situation by email and they discussed a loan whereby Charlie offered to place his home as collateral and repay the loan as soon as he found a new job. Stewart accepted the offer and sent a check but a formal mortgage was never executed and recorded in the land records. Stewart would have an equitable mortgage against Charlie's property.
Once Charlie found a new position that was better than his old job, he ignored Stewart's requests for payment. Stewart could enforce his equitable mortgage in court as long as he kept copies of those emails and the check. The court would grant a judgment lien that could be recorded in the land records and Charlie could not sell or mortgage the property until the lien was paid. However, if Charlie had executed a recorded or registered mortgage with a bank since that loan from Stewart and the bank mortgage was foreclosed, the foreclosure would wipe out Stewart's judgment lien against the real estate and Stewart would be back where he started trying to get his money from Charlie.
2.) A husband is to retain the marital home under a separation agreement in a divorce. His wife is to execute a deed that conveys her interest to him and he is to refinance the property in his name and pay his wife $50,000 for her interest within six months. The wife in this case has a $50,000 equitable mortgage on that property. If husband instead tried to sell the property without following the agreement, the constructive mortgage would be disclosed during the title exam performed for the buyer and the wife would be paid from the proceeds at the closing. Probate and Family Court records are part of the public records that must be examined by a title examiner during the course of a title exam for real estate.
On the other hand, if the husband continued to live in the property and simply ignored the separation agreement, the ex-wife could enforce her right to the $50,000 in court.
What are the positive and negatives on personal loans?
As a positive, I would say the borrower can obtain potentially reduced rates and a stretched out maturity if a family or friend is lending the money. On the flipside, money lending amongst family and friends has been known to really mess up what was once a good relationship; especially if the borrower takes doesn't takes advantage of the situation.
Yes it is possible to attain a payday loan from another payday lender if you already have a cash advance payday loan. Since the loan is for a temporary period, it is not an issue if you have another loan.
Also, there are no credit checks and so the process of attaining such kind of a loan is easy and hassle-free
Can you have 2 mortgage loans through same mortgage company?
Yes.
Your mortgage company may hold your first (or primary) mortgage as well as a second which may be represented as a home equity loan or a home equity line of credit.
