can payday loans take you to court

Posted by Ronak | General | Wednesday 19 September 2012 10:37 pm

can payday loans take you to court

can payday loans take you to court

how to pay back debt

Posted by Ronak | General | Monday 17 September 2012 1:59 am

how to pay back debt
how to pay back debt

Margaret Atwood’s Payback

If asked, can a collection agency choose to remove the paid debt from the credit bureaus?

How do I ask a collection agency if they would remove the paid debt from my credit report? I realize they don’t have to but how would I approach this?

You should negotiate a pay for delete agreement in advance of paying. If you’ve already paid, you can send a nicely asking if they will now remove the item. Some will, some won’t.

If this a single entry item like medical or utility bills, getting the item deleted will help your score. However, if this was a regularly reported item like a credit card or installment loan, pay for delete doesn’t work. The collection agency can only remove what they report. They can’t remove the original creditor’s charge off.

Original creditors will not remove accurate derogatory information. They rely on credit reports to make decisions on extending credit and want all accurate info to show.

unsecured personal loans

Posted by Ronak | General | Wednesday 27 June 2012 3:06 pm

unsecured personal loans
unsecured personal loans

Guaranteed Personal Loan Unsecured Personal Loans Cash Advance Loans – By Your trusted Source

secured loans

Posted by Ronak | General | Tuesday 24 April 2012 7:39 am

secured loans
secured loans

Secured Loans

easy loan

Posted by Ronak | General | Wednesday 15 February 2012 2:16 am

easy loan
easy loan

Commercial Loan and Commercial Mortgage Made Easy

loan services

Posted by Ronak | General | Saturday 15 October 2011 3:19 pm

loan services
loan services

Ocwen Announces Shared Appreciation Modification Program – Episode 87

what does it take to get a home loan

Posted by Ronak | General | Wednesday 27 July 2011 4:55 am

what does it take to get a home loan
what does it take to get a home loan

how to apply for a home equity loan?

I own a home that is completely paid for. Its appraised at $236,000. I have a few fixer up problems with the home and I want to sell it. I want to take out a home equity loan to fix the house so I can get the ocupancy permit since it wasnt finished when I bought the home. I have never done this before. Does anyone have any experience with this and what will the bank look for and home much do you think I can get. I know you dont know my credit or work income obviously but if you have a general idea. Thanks.

If it does not have a permit yet you have to get a construction loan, you can’t get an equity loan on something not legally habitual.

Home equity loan or line of credit?

I have a house I bought two years ago that I would like to either take out a home equity loan or line of credit against. My credit score is around 620. What is the best way to go about doing this? How long does it take? I’ve got a 30 year fixed at a rate I can afford so I am ok in that regard.

With the market being flat or down in most areas, you don’t have much equity from two years to present.
What is driving the need to the HELOC? Other debt? or remodeling?

if it’s consumer debt, consider doing a debt snowball rather then extending the life of the debt out to 30 years!

if remodeling I’d not go over 15 yrs.

How To Pay Off Credit

Posted by Ronak | Loan | Sunday 12 June 2011 12:13 am

How To Pay Off Credit

How To Pay Off Credit

How To Pay Off Credit

Mortgage Refinance & Debt Consolidation Video | Bills.com

Using a credit card to pay off other credit?

So I’ve racked up a large amount of credit (littlewoods,very and comet) and thought hmm this would be easier to control if all the debt was in one place. So, could I get a credit card (would be my first) pay off the different sources (total £1045) then gradually pay the credit card off. Is that how that would work? I’ve never had a credit card

You probably won’t get a credit card with all those account high balances reporting.

Better idea:
Make a plan to pay off those balances in full and get out of debt.
You can do this in one year or less.
By carrying these balances you could be destroying your credit.
Remember that employers check, so do car insurance companies (you’ll pay more).

Once you pay off all that debt, then get a credit card.
Use it for small things you need like petro or food and pay in full each month.
Carrying balances only causes damage – absolutely no benefit to your life or your credit ratings.

get loans

Posted by Ronak | General | Wednesday 1 June 2011 10:43 pm

get loans
get loans

How to make a Fixed Rate Loan/Mortgage Calculator in Excel

personal loan com

Posted by Ronak | General | Sunday 29 May 2011 10:17 pm

personal loan com
personal loan com

Bad Credit Personal Loan, No Credit Check And Credit Cards

Where/How to get a personal loan in Canada with FICO Score 636?

I’m trying to get a loan to purchase some inventory for an eBay business I’ve started. I have however not registered the business name yet so I’m looking to get a personal loan.

I’m looking for a ball-park figure of C$8,000. I have outstanding debt on credit cards (approx $8500) which has been closed.

As you can see my credit score isn’t good at 636 but is improving slightly from previous scores I had.
I just need this loan for 1 month and I can pay it back immediately after that but I’m not sure who would be able to lend me the funds.
I tried prosper.com but this site is only available to Americans (require Social Security Number – no space for SIN number).

This is my first time witting here and any help would be much appreciated.

Try wells fargo financial. They will give you a loan but for a rate of 14%or more. I am assuming you live in Canada???
you only need a credit score of 532 to qualify with them..
Another would be Citi Finacial or even HSBC , check out thier websites!

taking loans

Posted by Ronak | General | Saturday 21 May 2011 8:54 pm

taking loans
taking loans

Why is Obama taking over student loans?

Why would the Federal Government want to take over the Student Loan business?

So the students can at least get a decent interest rate and so the Government can make some money for all the health care cost they are going to have to pay for that they do not have the money for.
I wish college was free for those who would keep at least a B average.

First mothers how do you feel about PAP fund raising and taking out loans in order to adopt?

Is this becoming to common?

Natural mothers what do you feel of the adoption tax credit?

Natural parents how do you feel about your baby going to a home that is poorer than you?

Adoption is a government social program. The government, therefore, finds ways to fund it, as you have pointed out: the tax credit, entitlements under social security, government grants(taxpayer funded), adoption welfare subsidies, etc.

Private industry also is partnered with the government in the USA.

I am a natural family preservationist and I see no reason to promote adoption over the natural family.

It makes NO sense to give millions of dollars to people so they can adopt, when there are families that need money so they can stay together.

My son was adopted into a family that became poor and alcoholic and severely abusive.
My family was well-off.

But, more important…I would never have harmed my child.

100 Loan

Posted by Ronak | General | Monday 4 April 2011 1:34 pm

100 Loan

USDA 100% Home loan

How long Does It Take To Get A Student Loan

Posted by Ronak | General | Wednesday 30 March 2011 2:43 am

How long Does It Take To Get A Student Loan


how long does it take to get a student loan check in mail?

Depends on your lender and your school. I suggest checking the policies of both. Some lenders like astrive and chase deliver checks straight to you within a couple of days. Other lenders like sallie mae go through the school. Most schools give you the balance after a week at the most, but some have checks available the first day of classes. To make it easier in those cases you should just have the check deposited automatically in your bank account- most schools have a direct deposit sign up so you can do this

How long does it take a student loan to get to me?

I was approved for financial aid and my pell grant money came in the mail and it sounded like they told me the loan money would take longer to get to me (7-10) business days. Does that sound right?

universities.atwebpages.com – it provides some tips about applying to US federal and state grants for college students.

loan approved

Posted by Ronak | General | Wednesday 16 March 2011 5:47 am

loan approved

loan approved
Changes of getting mortgage loan approved right after a pre-approval?

Two weeks ago I placed on a offer on a house. In order for the offer to be valid, the seller required that I get pre-approved with a specific bank (SUNTRUST). I got pre-approved a day later, submitted my offer and my offer ended up getting accepted by the seller. My question is, what are the chances of my loan getting approved after the pre-approval I received a little over one week ago?

When a lender has pre-approved you for a mortgage loan you have completed a mortgage loan application provided all the W-2, Fed Income taxes, bank statements and other necessary information for this lender to pre-approve you.

The underwriter has seen your mortgage loan application as well as all documents necessary to issue an approval for a mortgage loan program. This mortgage loan program should indicate the amount of money to purchase house you are approved for, the interest rate, as well as the length (Terms) of the mortgage loan you are approved for.

You basically have a loan approval in your hand with the pre-approval. To close this pre-approval you would need to bring in perhaps a few more pay stubs, a bank statement and maybe a letter of explanation for an item on your credit report.

Lenders do not issue pre-approval for exercise and practice, they have seen your documentation, application, and have found a mortgage loan program that you have been approved for.

If you did not provide your mortgage banker/broker with your financial documents, complete a mortgage loan application, you do not have a pre-approval. You could possibly have a pre-qualified letter which is not good at all. You would still be required to complete the mortgage loan application.

I hope this has been of some benefit to you, good luck.

“FIGHT ON”

Military Loans

Posted by Ronak | General | Sunday 13 March 2011 7:23 pm

Military Loans
military loans

Video Camcorders Financing for Military Loans Camera

How Long Does It Take To Get A VA Loan

Posted by Ronak | General | Saturday 12 February 2011 9:13 am

How Long Does It Take To Get A VA Loan
how long does it take to get a va loan

United Breaks Guitars

How To Get A Personal Loan

Posted by Ronak | General | Wednesday 2 February 2011 5:15 pm

How To Get A Personal Loan

Loan Shark

Posted by Ronak | General | Tuesday 1 February 2011 6:47 am

Loan Shark
loan shark

loan shark mtv

i need a loan and fast and the banks will not help me so i need a loan shark?

please can someone help me. i have been refused loans left right and centre. Does anyone know of a loan shark in bournemouth. please please someone help me. I really need some help.

Please do not resort to using a loan shark; you will find pretty soon that your unpaid debt will increase by huge amounts: loan sharks charge exorbitant interest rates, and they prey on those who have bad credit ratings and/or are in debt – I presume that’s why the banks have turned you down. It sounds like you need advice on budgeting & managing your existing debts, but loan sharks aren’t interested in anything except making huge profits for themselves. You would soon find yourself in even more debt than currently, and some loan sharks are not averse to using violence if you cannot repay.
Speak to your local Citizens’ Advice Bureau; I’m sure they would help sort out your budgeting problems, or refer you to some reputable company who could help you.

marriage loans

Posted by Ronak | General | Friday 28 January 2011 6:03 am

marriage loans

401 K Account

Posted by Ronak | General | Sunday 2 January 2011 9:04 pm

401 K Account
401 k account

Saturna Capital 401(k)

Where can i cash a big 401 k check, i do not have a bank account?

i have a 2600 dollar check from my retirement check and nobody wants to cash more than 1500. I do not have a bank account and i can not open one either. What can i do?

why cant you open a bank account you don’t say are yu not telling us something?
a huge check most banks would LOVE an account like that,
too bad you didn’t tell us why you cant open an account maybe we could had suggestion but since
You didn’t say why you cant open one we cant really help you

Housing Loans For

Posted by Ronak | General | Sunday 2 January 2011 5:49 pm

Housing Loans For
housing loans for

Acorn Helping Illegal Aliens Get Home Loans

School Loan

Posted by Ronak | General | Tuesday 21 December 2010 6:25 am

School Loan
school loan

Illegal Immigrant Denied Student Loan

loan sharks online

Posted by Ronak | General | Sunday 28 November 2010 11:22 am

loan sharks online
loan sharks online

What Do You Do When A Loan Shark Is Chasing Down A Loved One?

abbey loans

Posted by Ronak | General | Friday 26 November 2010 2:45 am

abbey loans

abbey loans
i need to open a current bank account?

I have a savings account with barclay but cant do direct debits etc. tried to open 1 with abbey nat but told my credit check failed. all i want is an account to set up direct debits and maybe a debit card so i cant go overdrawn. who best bank that will help me out? i dont want a loan, no overdraft, no credit card. barclays wont change mine into a current account cos of my credit check. but i know i messed my credit history years ago and waited over 6years to even apply for anything. is there a bank that will offer me a basic current account with my status? i dont want to try every bank if i get same result as the rejects stay on my credit file.

Even Bankrupts can open what is known as a ‘Basic Account’ .. go back to Barclay’s and ask them again, this time informing them that you want a Basic Account ..

take over payments car loan

Posted by Ronak | General | Tuesday 23 November 2010 7:34 am

take over payments car loan
take over payments car loan

What is my liability to let someone take over my car payment?

I have a car loan, but can’t afford the payment now. Selling it is not enough to pay off principle. A company specializes in finding buyers to take over car payments. I am still on the title, but the buyer will purchase full insurance, and indemnify me from liability. But since I am still the registered owner, if an injury judgment is so large that his coverage and assets are not enough to satisfy, will I be exposed? I understand injury lawyers shoot first and ask questions later. Even if not legally liable, I can still get dragged through defending myself, which can be emotionally draining and expensive.

First of all, what you are suggesting is illegal in many states. If you don’t have the title, the vehicle simply is not yours to do anything you want with it. You are responsible for the loan, and will be until the loan is paid in full. So if someone else is driving your car and stops making the payments, the lender is coming after you, since you have the contractual obligation to make the payments on the vehicle.

Seriously, why don’t you just get a second job and keep the car? You will be a lot less exposed to legal problems.

Made contract agreement to take over car payments but I’m not on the loan…?

Made contract agreement for a car that I would take payments on, the guy that gave it to me was going to the military and couldn’t afford it. So I signed a agreement notarized that I would take over payments. I got the car and it started to have a lot of problems so when he came back I gave it to him. Now he is trying to take legal action towards me. Just want to know if he can actually do that. None of the original physical loan documents are under my name. Nothing. The only thing that he has is a contract with my signature on it. Notarized by his sister. We never went to the finance company or DMV, so can he actually take legal action towards me?

“notarized by his sister” – is she a notary public? They can’t do documents for their own family members!!

Fight it in court – you have a good case!

Deny everything / but tell the truth!

taking out loans for college

Posted by Ronak | General | Monday 22 November 2010 3:14 am

taking out loans for college
taking out loans for college

Is it better to pay in cash for college or take out student loans?

Law school will cost 150,000. If someone has that much saved up in cash, should they pay off their mortgage and take out student loans, pay for tuition or save/invest the money and take out student loans?
My mortgage is interest only and with my bad credit and no work history in the past year there’s no way I can ever refinance it for the next 10 years factoring in college time, etc.

If you can pay your mortgage off in 15 years, take the cash and pay for your schooling. If you won’t pay your mortgage off for another 20,25, or 30 years… pay your mortgage and find another way to go to school (grants, scholarships, work your way through).

Student loans are evil. You should avoid them at all costs. You can’t ever get rid of them…bankruptcy, default, nothing makes them go away except payment in full. And for federal loans, being in default means they can take your bank account, tax returns, and any assets to get their money. $150,000 is a lot of money, don’t even put yourself in that situation.

Should I take out College Loans?

Hi I’m a college student. I’m considering taking out loans for school this coming year. To be exact 35,000 in loans. Is it wise to take out this much money for school in one year? I know that is alot of money but I’m in a bad position. My school took away all of my grants because my father’s tax return showed that he has to more money to give to my tuition. My dad is making more money but he isn’t helping me pay for school therefore cutting down my grants and such. I’m really confused and stressed about these loans and my Dad screwing up my financial aid. Can someone help me out. SHould I take out the 35,000 in loans? What should I do about my Dad? Is there a way I can prove to my school he isn’t helping me pay for my tuition?

Thank you all in advance

$35,000 is a lot to take out in loans. Before taking out any loans, you should probably find out the school’s cost of attendance is.

Add up all your expenses and then take out a loan. Try to be as exact as possible because the smaller loan you take out, the less you will have to take out later.

Even if you are not eligible for grants, you should be eligible for some unsubsidized federal loans. This amount may not be much or cover your expenses, but it will have one of the lowest interest rates you will find… so I would start with that. You can get that when you fill out a FAFSA online at fafsa.ed.gov.

Here is what should go into your expenses..
Tution
Rent
Gas
Computer?? If necessary
Food estimate.
Books
Parking pass… if necessary.

Your school probably has a list or a cost of attendance calculator.. you should try that or speak with an advisor.

Talk to them about a special circumstance form and identify that you have a weird situation with your dad’s taxes and it shouldn’t be take accounted for. hope that helps!

taking a loan from 401k

Posted by Ronak | General | Monday 15 November 2010 11:42 am

taking a loan from 401k
taking a loan from 401k

Personal Investment & Loan Tips : 401K Tips & Advice

i am thinking of taking a financial hardship loan from my 401k what are the tax penalties?

its actually a withdrawal so if i loose the job or quite is it just regualr income tax and a 10 % penalty

If it is an actual “loan” there are not any tax penalties you just have to pay the money back.

If it is “distribution” then you would have to pay regular income tax and a 10% penalty on the distribution.

One last thing. If you quit or lose the job with a 401(k) outstanding, you will have to imediately pay back the balance of the loan or the remainging balance will become a distribution.

how to take out a business loan

Posted by Ronak | General | Sunday 7 November 2010 12:40 pm

how to take out a business loan

how to take out a business loan
how much should you take out in a loan for starting a new business?

my business is going to be a pet care business that offers boarding and daycare for cats and dogs

That’s too broad of a question. As it stands: it all depends. How much do you have in savings that you’re contributing? Are you taking on any investors that are contributing funds? What’s the operating capital (from your business plan) needed to run your business for several months at 50% of your projections? What will you use the loan proceeds on? I could go on. There are too many unanswered questions here that take priority to the overall question of “how much should I take out as a loan to start my new business?” Answer those questions and others, then pose your question again… if you even need to at that point.

For more information, please visit my company website (below) or check out our YouTube channel (http://www.youtube.com/504LoanExperts)

how to get personal loan from bank

Posted by Ronak | General | Thursday 21 October 2010 9:44 am

how to get personal loan from bank
how to get personal loan from bank

P2P Lending Sites – How to get a personal loan that is unsecured. www.WPLenders.com

loan out

Posted by Ronak | General | Monday 18 October 2010 8:48 am

loan out

loan out
How do I find out if a Payday loan company is using illegal practices?

I took out a payday loan and I do need to repay it. However, I don’t think this company is using legal debt collection practices. I have asked them for the documents regarding the loan, license number, company name, physical address, etc….I get nothing in response but rude and snotty emails. I have now asked them to stop emailing me at work. What should I do next? I am not arguing paying the loan, but I want to see the documents so I know what the fees were.

They should have sent you documents to sign electronically. Those documents should state the cost and the fees. Just pay it and be done with them. Never, ever use them again.

what do i need to take out a loan

Posted by Ronak | General | Wednesday 13 October 2010 1:59 am

what do i need to take out a loan

what do i need to take out a loan
what information do i need to take out a car title loan in alabama ?r=1252011702?

i desperately need a car title loan for cash now and i need to know what information and paperwork is necessary to do this

Hello, I am Faith Dodge I live in Hereford Texas in US with my son and daughter David and Emily,my husband died a year ago leaving me and the kids lonely,I am so much in short oif cash to pay my bills so I needed to apply for loan online I was scam the sum of 2000usd and I decide not to involve myself with loan online again,but I a friend of mine from Canada introduce me to mr Felix Brown I apply for loan and I was given a loan to pay my bills.So if you are in need you can contact him via email felixbrownloanfirm75@yahoo.com and you will get it without any delay.Thanks and wish you the best of luck.

tenants loans

Posted by Ronak | General | Tuesday 12 October 2010 7:15 am

tenants loans

www loans

Posted by Ronak | General | Friday 8 October 2010 5:26 am

www loans
www loans

Do the loans from this link require school involvement? http://www.finaid.org/loans/privatestudentloans.phtml

I hope not because my college dosn’t participate in any loan type programs.
Does anyone know of any loan company’s that lend without school involvement?

All “Student” loans require at least enrollment verification: proof that you are enrolled in school.

That’s not the same level of involvement that I think your school means when they say they dont get involved in student loans. My university obtains the loans for me, gets the money, applies it to my university fees, and gives me a check for the remainder. Your school says they won’t do that.

But they should do “enrollment verification” because that’s also what you need to prove you are enrolled in order to stay on your parent’s health insurance until your 25th Birthday.

-EN-

Can title loans like the payday advance be report to the bureaus?

http://www.privacyrights.org/fs/fs6c-CreditScores.htm#4

I pay my bills on time, but in cash. Can I ever hope to get credit?

Fair Isaac has developed a new scoring model designed to score credit risk through “non-traditional” data obtained from various data vendors. This, the company claims, will make credit easier for the nearly 25% of the population that either has no credit file or too little information to benefit from traditional scoring models. The kinds of accounts covered in what Fair Isaac calls the FICO Expansion Score include deposits with a bank, records with payday lenders, and purchase payment plans.

I have a loan on my title and having trouble building credit. If the info on the link is true how do I get it reported.

1) The creditor has to be someone who participates in the credit reporting system. Some lenders do not. Most title loan companies probably do, but perhaps not all of them. I’ve seen some very small store front operations that probably don’t use the credit bureaus.

2) Ask the title loan company to report your payments. See what they say.

3) Get a free copy of your credit report at annualcreditreport.com. Pick an item that is related to the title loan or to any other loan and “dispute it”. Use the dispute letter as a way for you to self-report your good payment history.

Good luck.

how to do a credit check

Posted by Ronak | General | Monday 4 October 2010 5:15 pm

how to do a credit check

how to do a credit check
Can a landlord do a credit check without my social security number?

I applied to rent an apartment. The application says that a credit check will be ran, but it did not ask for my SS#. How will the landlord run my credit report without it?

He can certainly verify your references without a SS#. He just calls them and asks for their experience.

how to get a loan to pay off debt

Posted by Ronak | General | Monday 4 October 2010 12:54 am

how to get a loan to pay off debt
how to get a loan to pay off debt

Pay Off Your Loans and Get Out Of Debt

how or whhere can i get a personnel loan to pay off some debts without me having alot of established credit an?

Re-consider the wisdom of generating debt to pay off debt, especially since a loan to someone without credit or with poor credit is likely to come with a high interest rate, if it can be had at all these days. A better approach might be to contact your debtor(s) to negotiate lower payment terms, a lower interest rate, a partial payment settlement. Alternatively, bankruptcy is not unreasonable for some. It will make getting credit difficult or impossible for several years, but that’s not always bad if it gets you to live within your means.

If you want to establish credit, however, consider a secured credit card tied to your available funds in a bank account from a reputable firm. It’ll break the cycle of living in debt while establishing a credit history for things that matter like a house or apartment when you’re ready to buy one.

wedding loans

Posted by Ronak | General | Saturday 25 September 2010 10:00 pm

wedding loans

interest free loan

Posted by Ronak | General | Tuesday 21 September 2010 4:20 am

interest free loan
interest free loan

What do you get when you give the government an interest free loan ?

A tax refund

Is there any organisation that give interest free loan?

It can only be from your Father’s or Mother’s pocket.

loan long

Posted by Ronak | General | Friday 17 September 2010 12:43 am

loan long
loan long

How long does a student loan take?

hey, i was just wondering, when i apply for the student loan (its the sallie mae signature loan)… how long will it take them to approve/decline giving me a loan? does it usually take like months or days, or what exactly?

Woah woah… Don’t apply for loans! You’ll be paying for the rest of your life! You should apply for grants or scholarships. You can get a scholarship for pretty much anything these days. You can even get a scholarship for simply being a certain race/ethnicity. You just have to be willing to look and not give up. But if you do have to end up applying for a loan, it usually takes about 2-4 weeks.

scholarships.com should help

How long does it take for a budgeting loan to go into your account once it has been approved of ?

Once you have signed the declaration for the budgeting loan how long does it take to go into your bank account? I was told once they have received the declaration they send your paymen out to your bank account but how long does that take?

normally about 5 to 10 working days, sometimes its less depends how busy they are. they normally send a letter confirming date of intended payment as well.
hope that helps

loan broker

Posted by Ronak | General | Thursday 16 September 2010 3:30 pm

loan broker
loan broker

Business Loan Broker, Fast Loan – MerchantCashAdvance.Com

What happens if a broker cannot sell your new mortgage loan because of the current state of the loan industry

I recently closed escrow on a new home mortgage, but because of the recent chages in the home mortgage industry, the broker cannot sell the loan to a traditional bank. They are basically stuck with the loan. Is there anything I should be concerned with?
I recently closed escrow on a new home mortgage, but because of the recent changes in the home mortgage industry, the broker cannot sell the loan to a traditional bank. In otherwords, from what I am being told by my loan officer, is that when the loan funded, the bank that was to buy the loan closed its doors. Now that brokerage is stuck with the loan… Is there anything I should be concerned with?

Just to clarify with the confusion I see in some of the answers…

Brokers can fund their own loans and then sell the loans.

For those who don’t understand this, run a search on “mortgage table funding” , “correspondant mortgage lending” and “mortgage broker warehouse line.”

Some brokers have taken on the name “Mortgage Banker” if they sell loans funded from their warehouse line. Some have not. Soon, “Mortgage Banker” will be completely accepted.

It sounds like, as someone else answered, the Broker funded the loan on their warehouse line and the investor—who made a commitment to immediately buy the loan—went out of business.

This is in no way the Broker’s fault and you should do all you can to try and help the Broker get this loan off his warehouse line.

You could run into trouble, but more of an “inconvenience trouble.” I won’t explain all the pitfalls of what I have seen in the industry here. I will just say you should, if you can, try and get this loan off the warehouse line as soon as you can by refinancing. You will probably save some money by doing so anyway.

loans for students

Posted by Ronak | General | Saturday 11 September 2010 5:07 am

loans for students
loans for students

Are there any financial institutions in England that give loans to international students from the Caribbean?

I am an international student from Jamaica. I would like to know if they have any financial bodies such as banks or firms that give loans to students that are not from the USA, Canada or the eastern side of the world.I have family currently living in england who would be able to cosign for me if that is the case. I just want to know if there are any financial institutions that give loans to international students.

Learners from poor families who need to have a higher education will normally have to acquire a loan from financial institutions in order to get an education. The government, through the local banks will advance such credit to students and have them pay them off once they have started earning. This may sound good but not until the former student is unable to pay off such debts.

http://www.worldbestloans.com/student-loans.htm

This is due to the high interest that such loans end up attracting making, it impossible for such a person to pay off the debt. Sometimes the student may stay for long before he can get employment, meaning the amount to pay continues to escalate. In cases like these, the debtor needs to get student loan help in order to keep abreast with such debt.

Can International students apply for student loans?

I am an international student and I want to get another degree, an MBA degree. But as you all know MBA fees and tuitions are sky high. I am thinking if I can use student loan to support my MBA study?

Thank you guys!

schools.medianewsonline.com – it provides some tips about applying to US federal and state grants for college students.

marriage loan

Posted by Ronak | General | Thursday 2 September 2010 8:29 pm

marriage loan
marriage loan

zakir naik cousine marriage in science student loan with out interest how to behave with mahajar if all thinges to be happen is written in quran what we are doing

Our marriage is in 10 months time but our savings is not enough.Is it advisable to take a wedding loan?

You should never put yourself in debt for a wedding. Just work within your savings and scale back. Its only one day, its not worth going into debt before you even get married.

take out a personal loan

Posted by Ronak | General | Thursday 2 September 2010 6:35 am

take out a personal loan
take out a personal loan

Loans & Credit Scores : How to Get a Personal Loan

Is it wise to take a personal loan to pay off credit card debt?

I have around $2500 in credit card debt which I want to pay off and have a clean slate..is it wise to take personal loan from a bank to do so? I am a little confused on what is the best way out of this..

Only if you can get a lower interest rate. Calculate out how much you can afford to pay on your card per month, by how many months it would take to pay it off. Then, ask about a loan, what your interest rate would be, and what your payment would be. Figure out which one actually costs more, and last longer.

In theory, a personal loan will have about half the interest rate as a credit card (pending your credit score), but the payments are usually a lot higher. Can you afford to pay $150 per month instead of $50? If you can, and you’ll stop spending on the credit card, then it’s a good way to go. If $50 a month is stretching your budget (or whatever your payment is), then stick with the credit card. You’ll have more leeway for smaller payments than with a personal loan.

Also, think about your liquid credit. If all of your credit is absorbed in this card, you may not have enough to obtain a personal loan. Talk to a banker or financial rep you trust. Ask them to help you weigh the pros and cons.

quick cash loans

Posted by Ronak | General | Friday 27 August 2010 2:40 am

quick cash loans

loan find

Posted by Ronak | General | Sunday 22 August 2010 11:58 pm

loan find
loan find

Why so many Education loan sites to apply or get help find loans instead of actually giving loans?

For personal information to aide in help answering question to this topic have given the following, as well as beign open to possible ways to fill things out to avoid work area since not employed at this time and not been since 5/9/09.

Sincerely
James Thompson
Washburn University Student
(785)670-3695

since then there is some assure to get pay again. As not like in other, after the education (degree or some what),the person may able to earn money and pay the loan. so there are some opportunities.

Where can I find this type of student loan?

I am trying to find a student loan (parents are going to co-sign) where I can defer payment til after I graduate and the interest doesnt start to accrue until after graduate as opposed to accruing as soon as I cash the check.
I already filled out a fafsa and the stafford loan comes straight to my school account… Im looking for a private loan or whatever to fulfill the rest of the cost of school.

You will not find any student loan that doesn’t charge you interest immediately. Only federal Subsidized Stafford loans do this. Private student lenders are in it for the money. PERIOD.
Do yourself a favor and don’t take out any private loans. These sub prime loans have high interest rates, substandard terms, little flexibility regarding forgiveness and forbearance.

Not to mention, you’ll end up borrowing more than what you can afford to pay back once you graduate. (Federal loans have limits on them to protect you and are for a reason.)

If you can’t attend college without taking out a private loan then find a cheaper school or have your parents do the Federal PLUS loan instead. If they are going to cosign for you, you might as well have it in their name anyway. Here is more info about the PLUS loan. Including interest rates.

loans fast

Posted by Ronak | General | Monday 26 July 2010 7:35 am

loans fast
loans fast

Could you give a good suggestion to get an USA fast loans with bad credit and a cosigner ?

Your help could keep me alive. Thanks

Hi,

If you want a fast and legit loans in 1 Hour. Just try this and once approved your loan amount will be transferred directly to your checking account promptly, and securely. Now you’ll be able to use the cash for all your necessities.

http://Best-Payday-Loans-USA.com

- 100% secure and processing
- No faxing -No credit check
- Immediate online approval
- Excellent customer service
- Get Cash in Minutes!

Hope this help,

where is a good website for fast cash loans and no credit?

im 18..own car,job apartment..im a bit behind but i keep getting denied loans because i have yet to build my credit any website suggestions?

the only loans you would be able to find would be very crappy rates.

Why do you need a loan?

bank loans

Posted by Ronak | General | Friday 16 July 2010 4:08 pm

bank loans
bank loans

How many rental properties can I have loans on before the bank stops loaning me money at an affordable rate?

How many rental properties can I have loans on before the bank stops loaning me money at an affordable rate? Or until banks do not loan to me at all- all of my properties cash flow nicely.

Thanks for the info

I have run into trouble with a limit of 10 per bank. None go over 10, at least for me. At 30 properties they squabbled about it a bit, but I am still getting loans.

What is the current interest rate on small bank loans?

If you don’t have very good credit, is it even possible to get a loan? and if so, what is the current interest rate? Do they vary according to your credit score?

Here there are good sites on business http://fin-site1.notlong.com/3AAwxLv

refused a loan

Posted by Ronak | General | Wednesday 14 July 2010 12:00 pm

refused a loan
refused a loan

Refused Loans to Clear Debts

Could I be refused a loan because of this?

Hello,

I am currently in the process of refinancing my home. The mortgage company (Stonegate) has already done the appraisal and all my paperwork has been signed and submitted. Yesterday the agent assisting me had me sign a form which will release my last two years tax returns…I guess to verify my bank statement and employment history? My question is this…I work in Iraq as a Department of Defense civilian and we have the same status as deployed military personnel. Can my loan be refused since I do not pay federal income taxes (wages under $91,500 are exempt from taxes by submitting form 2555) Bank of America would not even give me a good faith estimate because of this and I was later told they are not permitted to deny me because I am deployed military status..but, maybe someone knows better? Any info would be appreciated.

Thanks!

The underwriter wanted this form signed so as to obtain a record of your income tax forms. They do not receive your complete return, simply certain lines of your federal income tax return.

You would not be denied or refused for not legally being required to pay federal taxes. This actually might help as you now ave more provable income.

This question might have been asked of your mortgage loan officer, he/she get paid for answering these type question, and you are paying this loan officer.

Run this question by him to find out his reaction about deployed military and those civilians that are offered the same privileges. If he do not have an answer, tell him it is important to you, so please find out from someone. This could be a learning experience for him.

I hope this has been of some benefit to you,good luck.

“FIGHT ON”

settlement loan

Posted by Ronak | General | Thursday 8 July 2010 4:12 pm

settlement loan
settlement loan

Loan Modification & Debt Settlement III

what amount i should acccept to pay as final settlement of the loan?

my client has taken personal loan of Rs1,00,000 repayable in 48 EMI of 3438 each from Citi financial, India
He paid 21 instalments and 27 instalments are due
currenttly i am told Rs 80,000 is due from my client.
As a final settlement what amount should I negotiatate for? how do I justify.

Hi
I saw your question I have decided to help people out due to the fact that I myself has been scammed twice by fake lenders in my search for a loan but at last I got a reliable lender that gave me the loan($60,000 USD) that I was in dire need of. Hence I decided that I will refer anybody I come across to this God sent lender he is reliable and his terms are fair. a faithful woman of God, You can get to him via his email address: dr_leopaulson@yahoo.com, Or, Please tell him that Mr Frank Bross he gave out a loan to me . I have search for a legit lender until I got him and I decided to help my fellow humans with this because there are a lot of fake lenders out there and I do not want any body to fall a prey please get to him and tell him that I referred you to him.”
Thanks.

need a loan

Posted by Ronak | General | Thursday 24 June 2010 7:44 am

need a loan
need a loan

Loan Modification & Foreclosure Prevention (You DONT Need to Pay)

taking out a loan for a wedding

Posted by Ronak | General | Tuesday 8 June 2010 3:28 am

taking out a loan for a wedding

lenders

Posted by Ronak | General | Monday 17 May 2010 3:12 pm

lenders
lenders

Subprime Lenders

loan fast

Posted by Ronak | General | Saturday 8 May 2010 12:39 am

loan fast

loan advance

Posted by Ronak | General | Sunday 2 May 2010 3:21 pm

loan advance
loan advance

payday advance loan with no bank account?

Can someone tell me is there anyplace I can get a payday advance loan with no bank account. I only have a H R Block Debit card that I keep reloading and use for my direct deposit from my wages. Please help. Single MOM IN CRISIS.

THey use your check as a security instrument.

Can I get a payday cash advance loan without a checking account?

I am currently employed but don’t have a checking account, can I get a payday cash advance loan?

That answer depends entirely upon the lender. The lender generally sets the policies, not the law.

So, you just need to shop around.

unemployed loans

Posted by Ronak | General | Tuesday 27 April 2010 10:11 pm

unemployed loans
unemployed loans

Unemployed Loans, Borrow Money Today Without Hassle

loans for the disabled and unemployedunsecured loans for the unemployed?

unsecured loans for the disabled and unemployed

Sorry what is the question

take a loan from 401k

Posted by Ronak | General | Thursday 15 April 2010 8:25 pm

take a loan from 401k

take a loan from 401k
If you take a loan from your 401k does it show up on your credit report ?

no because its not a public loan its Private because your borrowing against yourself.

how long does it take to get a business loan

Posted by Ronak | General | Thursday 15 April 2010 6:08 pm

how long does it take to get a business loan
how long does it take to get a business loan

how long does it take to build business credit with a business under two years?

We are attempting to start a llc in the next month or so with a franchise i have looked at for over a year. With a good business plan as well as marketing plan is it feasible to get a loan in the recession? We are trying to clean up our credit the best way we can but can we also build business credit and apply for a small loan with a recession? Really is any bank or investor giving money out ?

Yes, All Sales are slow, so that is why they are coming down on things.As long as you can keep your job when you get a loan, buy a car, what ever you will be ok. Listen to the President when he speaks and you will learn all of this. I don’t like to just sit down and listen to him but I do get the important things that keep us on our feet. Good Luck JK

How long should it take to get a bank loan approved for a business loan??

I applied for a business loan to buy a shoplot.Its 1 week now after submitting all documents and the banker has yet to call me to say if its been approved. How long do I need to wait before taking action.The vendor is impatient and so am I ?

I agree with the others. Call and find out what is going on. A week should be plenty of time to approve a loan. It’s possible someone set it aside and forgot about it or they may need some more information but haven’t called you. Banks can sometimes be frustrating to work with. If they put you off and you can’t get anywhere with them then go to another bank.

loan need

Posted by Ronak | General | Tuesday 6 April 2010 9:15 pm

loan need
loan need

what do I need to provide to qualify for a personal or small business bank loan?

I am fairly new in the u.s here, will need some loan to do stuff, what are the requirement to qualify for such loans. I would gladly like to have an idea what the interest rate on such loans are for my planning. Bank want a one on one discussion on this issue but my work schedule is so tight, unable to visit at this time.Can somebody share?Great ideas are welcome. Thanks.

Some banks extend what they call “small business lines of credit” often through credit cards. Those are easier to get and can be based on your credit history alone. They typically are up to $100,000.

For example, Wachovia’s has various business lines of credits http://www.wachovia.com/small_biz/page/0,,446_612_1399,00.html Their business line of credit can even be approved overnight,

However, if you’re applying for a loan and if it is a big amount, banks and even the SBA may consider other factors aside from your business credit:

- A business plan explaining what the business is

- Your background and experience in the business — in my experience, this is KEY in the eyes of the bank because they want to make sure that you know what you are doing and that you can make the business work. If you don’t have any experience with the business, have someone on board that knows the business to give banks assurance that someone will guide you

- Your credit factors because it shows your dependability and how well you handle credit. They will do a credit check on you and poor credit history may be frowned upon, or even reason for the disapproval of your loan application

- Your collateral. Banks, even SBA guaranteed loans, want the borrower to show collateral. They want to be guaranteed that somewhere somehow they can get payment from you

- Condition or terms of loans. Banks would want to know three important things: “How much money are you requesting? What will it be used for? and For how long will it be needed?” Banks oftentimes prefer to approve loans for items that can be identified, has lasting value, and can be repossessed and sold if things fail.

- Equity investment as banks want to see you invested in the business as well (they wont give you the full amount you need)

Aside from banks I suggest you consider microloan providers. They typically fund up to $30K Read about the SBA Microloan Program http://www.sba.gov/financing/sbaloan/microloans.html and you can find SBA Accredited Microloan Providers here http://www.powerhomebiz.com/vol145/microloanproviders.htm

Do you need good credit to get approved for a first time loan?

I’m Alex and I’m 20 with good credit history. I make my payments on time so I assume I have good credit. Anyway, here’s my question I applied at Banner Bank for my first loan for a total of $900.00, what are my chances of getting approved? I have a total of 3 credit cards, I always pay my bills on time. This is my first loan ever, and they haven’t contacted me yet with a decision. What are my chances of getting approved for this loan, I need the money for a personal use. Will I or will not get approved, what are my chances? Only serious answers please, I need the money. Thanks for your answers everyone. I have an account with Banner Bank. Also, if I don’t get approved what would you recommend as for applying somewhere else for such loan? It’s been almost a week and they haven’t called me back with a decision.

Alex

You’re credit is great, and if its the only factor, you will get it…

Here’s the problem. A loan for $900 is considered a “convenience loan,” and if its a bank you have no relationship with, I’m afraid they won’t help you out.

If they say no, call one of your credit card companies and ask about a “convenience check” and if you need it, an increase in the line of credit so you can hit your $900.

Before you write the check (they may send in mail), pay off your balance on the card and don’t use that card anymore. Keep only the $900 you wrote.

holiday loan

Posted by Ronak | General | Saturday 3 April 2010 11:47 am

holiday loan

take over car loan

Posted by Ronak | General | Thursday 25 March 2010 7:24 pm

take over car loan
take over car loan

Taking Over Car Payments And Car Loan? Help Please!?

So, We know someone that Wants someone to take over his car payments, but He wants us to take over the LOAN from Toyota Financial.

Are They Going to Check Our Credit: The reason I’m asking Is, Right now, We are trying to Rebuild our credit, It’s pretty bad. And I don’t think anyone Would give us the loan.

So everyone’s help is appreciated!

Thanks!

To take over a loan, you need to be approved just the same as when YOU buy the car new.

how to take out loans for college

Posted by Ronak | General | Tuesday 23 March 2010 1:24 pm

how to take out loans for college
how to take out loans for college

How long is it going to take for me to pay back all my college loans?

I took out a lot of loans . I graduated last december 2006. But i don’t want to live in a career as an electrical engineer. I want to go to another country . But this loan is like a liability now . What can I do ?

Man, I feel you on that. First off, you can try gov’t jobs overseas I think the gov’t helps you out on the loans. Or, you could try to find work as an engineer, maybe Lockheed Martin?.

how to take out a small loan

Posted by Ronak | General | Thursday 18 March 2010 11:29 pm

how to take out a small loan
how to take out a small loan

Government Small Business Grant verses Small Business Loan

I would like to take out a 3000 dollar loan?

I’m 22. I currently work at Safeway for about 8.75 and hour, and make around 150 to 250 a week. But I need need need! a car! I don’t have bad credit, but I have very little credit. What little credit I do have is fairly good. I want to take out a 3000 dollar car loan. I know most banks probably don’t allow a loan that small though, and I don’t even know if they’d accept me.

I want to spend around 600 to 1000 on the car itself. Probably around 800 to 1000 to get it in good running condition where I don’t have to worry about it not working, and then around 500 dollars for 6 months of insurance.

Can anyone give me tips or advice on how to go about getting credit and the best places to get it?
I can make a pretty large down payment as well. Up to 900 dollars.

Sorry, but a bank or credit union will not lend you money for a car that costs $600 to 1k. A car in that price range is basically a clunker and probably over 10 years old with at least 100k on the engine. It is not a good investment for them. You would need to buy a car that is no older than 5 years and no more that 60k on the engine. It also has to meet certain KBB standards as far as how much they would loan on the car. You would also need a 20% down payment, because most banks and credit unions will not do a 100% used auto loan.

If you have $900, keep saving and buy a car for cash outright. You just aren’t going to get a loan for the scenario you are describing. I haven’t even gotten to the fact that you have limited credit and most likely would need a cosigner! LOL

how long does it take to get a loan approved

Posted by Ronak | General | Friday 19 February 2010 10:24 pm

how long does it take to get a loan approved

how to take personal loan

Posted by Ronak | General | Monday 15 February 2010 11:17 am

how to take personal loan
how to take personal loan

How much does opening a Personal Loan affect FICO score?

Due to a family emergency I’m looking to take out a personal loan to help. My FICO score is currently 780-800 across all three credit bureaus. I’m wondering how badly the score will be affected by taking out a loan of about $4k. I can definitely pay it off within three or four months tops – there is no plan to open any other lines of credit other than this.
Rayna: I have good credit. Are you a spambot? :)

Opening the account would drop it a few points but as long as you made on-time payments to it, then you’ll get those points back fairly quickly.

How to find a ‘good’ Personal/Student loan?

Hi, I am a 18 year old High School Senior and currently considering taking a personal loan for $3000 to $4000 for a new flute. I currently make about $400 a month (part time) and plan to work full time next summer also. Ideally, I would be able to pay off this loan within a year or before leaving for college. Is this a good plan or should I look for other options?

Also, as I will be using this for school, is it possible that I may be able to take out a student loan to cover it? I’m unsure of the terms of both personal and student loans, but as I am 18 I have no credit.

Thanks for your answers!
Thanks for all your answers guys! But to clear up a few things, I require this flute within a month or 2, as I am going to be auditioning for scholarships and the flute I currently have is not up to par. So far, with a personal loan it looks like the interest starts at 10.5%, no idea how that would adjust for me however.

Some student loans are possible without co-signer
there are private loans with very low interest.
I found interesting information about your answer, college loans with low interests, scholarships, college grants here.http://all-student-loan-consolidation.blogspot.com/2007/07/college-loan-consolidation.htmlGood luck!

how to get a business credit card

Posted by Ronak | General | Tuesday 9 February 2010 7:39 am

how to get a business credit card
how to get a business credit card

How to Get Unsecured Business Lines of Credit | Guaranteed

Credit Card Machine/business questions?

Hi! I am starting a small home business with my mother and we are curious how to get one of the black credit card machines to run credit cards from home – or is it easier to do it over the internet? Also, do you set up an account with the credit card companies? If someone has done this before, can you please explain the beginning of the setup to us please – Thanks so much ;)

I would recommend checking out www.godatawest.com

They can help you with the credit card processing either through a standalone terminal (the black machine), through your computer or even integrated with some cash registers.

Processing directly is less expensive than going through paypal.

ccj loans

Posted by Ronak | General | Monday 8 February 2010 6:56 am

ccj loans
ccj loans

Bad Credit Worthy People Apply for CCJ Loans in UK

i need a loan but i hav a CCJ from about 2 months ago, where could i get a loan???

i can’t go bankrupt as i have a house and don’t want to lose it!
the loans is to pay off creditcard and overdraft so i only have one payment goin out every month!

If bankruptcy is even a possibility, the last thing you want to do is get a loan from somewhere.

Do you really NEED a loan? You should question what the loan would be used for, do you really NEED whatever it is, or do you just WANT it? If you don’t need it, don’t get it.

Concentrate on reducing your outgoings and increasing your income instead.

If you have debts over £15,000, consider an IVA (google it and check it out).

how to take out a loan

Posted by Ronak | General | Thursday 21 January 2010 11:03 pm

how to take out a loan
how to take out a loan

Get Out Of Debt Free Pt.3.

Someone is trying to take loans out from the bank under my parents account?

so….what should we do? because we called the bank, and they wanted our social security number, so how do we know if it’s not a fraud or not, its the 2nd letter that we got, and we didn’t EVER ask for any loans. do we trust them, or not?

It is pretty simple.

You never give your social over the phone. The most that will ever be asked is the last 4 digits, mothers maiden name and that sort of business.

There has to be employment verification and such. Someone has to sign something on paper. Letters could be a bigtime scam. You go to the bank and sign. The online thing does not work as the person who was applying could be anybody.

So your parents just go to the bank in person and sort out what is up. If something is wrong you file a police report so if something does go wrong the bank will shut it all down.

No calls, no online. Somebody has to go to the bank.

loan agencies

Posted by Ronak | General | Wednesday 20 January 2010 3:01 am

loan agencies

loan agencies
I have a pay day advance loan agency arguing that a loan was advanced to me?

I have a pay day advance loan agency arguing that a loan was advanced to me in which I did not pay back, when I know for a FACT that this is false. I receive multiple calls daily regarding it as I try to explain that the information they have is incorrect. I am willing to provide an E-Statement just to prove they are wrong. I never agreed to any loan. Can I sue for harassment?

Next time they call, tell them you demand validation of debt. They then will have to provide you with written documentation of the debt and who it is for before they can further harass you.

taking out a car loan

Posted by Ronak | General | Tuesday 19 January 2010 1:51 am

taking out a car loan

taking out a car loan
Can i move to California with my car if i took a loan out for it in Texas?

I have a new car and i am making payments on it and i took the loan out in Texas what i was wondering if there would be any restrictions for moving out of state with the car if i still owe money.

There ABSOLUTELY NO REASON why you can’t move here! I have a truck that I am financing here (in Cali.) and I’m moving to Minnesota! All the Finance Co. cares about is that you PAY YOUR PAYMENT!!! It doesn’t matter WHERE IN THE WORLD YOU ARE!!! They just want their $$$$!!!!! Good luck to you here! Where at in Cali. will you be going?

loan approval

Posted by Ronak | General | Sunday 17 January 2010 5:35 pm

loan approval

loan approval
How does Job Change effect on approval of Home loan?

I have decide to buy a FLat in Kolkata,India. Recently I have got a new job. Though still I have not joined.I will aplly for Home Loan to purchase the flat.

I want to know what will be the effect of the Job change on the approval of Home loan?

Job change for better prospects will be considered positively.

But Get approval from Home Loan Company and buy it before changing the job as the individual who deals can make confusion and delay the process.

cheap loan

Posted by Ronak | General | Sunday 10 January 2010 12:35 pm

cheap loan
cheap loan

Is it possible to get a paypal loan as cheap as £3?

what it is i need to purchase summet for 9 pounds and only have 6 pounds in paypal!

is there any website that will do so ?

my paypal e-mail address is : lillewp@hotmail.com

lol, please dont listen to these idiots.

You can open a line of credit with paypal within 5 minutes. Best part is that paypal gives you instant access to your balance as soon as you get accepted, and you dont have to wait for your card.

What is a good and cheap way to advertise for a loan officer?

i already have met and built up relations with realtors, and have already been in contact with friends and family. i am looking to advertise in a costly matter just for a few deals and build up more contacts. is it worth advertising in bulletins? newsletters? where is a good place to start?

Do you have a website? Get it listed on all of the local business directory sites and on the national mortgage directory – http://www.regionalmortgages.com

credit union loans

Posted by Ronak | General | Thursday 7 January 2010 11:58 pm

credit union loans
credit union loans

Money Federal Credit Union – Student Loan Commercial

payroll deduction for credit union loan?

I applied for a loan through my credit union today for a personal education loan. will I have a better chance to get the loan because of the fact that it will be taken directly out of my paycheck?

It depends on the credit union but I’m sure they will prefer you have a payroll deduction just to ensure timely payments. Probably more important is how long you have been working and the status of your other credit history.

I like having loan payments taken directly from my paycheck because it makes it less hassles to worry about making the payment.

how to take education loan

Posted by Ronak | General | Saturday 2 January 2010 2:23 am

how to take education loan
how to take education loan

7 tax saving tips you might not know

How to Save Tax On salary?

my salary up to dec 08 is 224000/- i want to save Tax on it,
i do not have any saving like lic,ppf , taken education loan in 2003 of Rs.75000/- for 7 years can it help
i pay rent for house of Rs.1500/- pm & TA of Rs. 800/- pm from home to offc is it help to deduct tax

I don’t think that you have to pay tax for this fiscal year. because
(a) Rs 1500/- of your house rent, TA @ Rs 800/- per month, and interest on your educational loan can be deducted from your gross income of the year.
(b) compulsory deduction of 10% of your pay for PF per month for the fiscal year will fall in the rebate arena of max of Rs 1,00,000/-.
(c) Finally after deducting the above from the gross income, no tax will be deducted upto Rs 1,50,000/- of your taxable income.
Therefore, I think your income will not attract tax in this fiscal year.

taking out a business loan

Posted by Ronak | General | Wednesday 23 December 2009 2:56 pm

taking out a business loan
taking out a business loan

Would A Foreclosure Loan Help You Save Your Home?

I’m taking out a small business loan…?

…but I don’t want to put all my cash on the line. I am in the process of applying for a small business loan. I have approx. the same amount of cash as I am requesting, but I don’t want to danger losing it all. How do bank people “think” in such matters? Are they only looking for 20-30% of the loan sum?

Thanks for the suggestions….
The loan is for working capital, and typical start-up costs. There is no real estate involved. In general the SBA wants 20% of the loan sum as collateral.

It really depends on what the loan is for and how you are securing it (or not). For example: on a loan to buy land a bank will probably led 65% loan to value but on a house they can go to 100% since the asset is a good collateral that secures the loan. If the loan is base exclusively on you credit it depends on the politics of your bank. You should ask your bank on their policies and what they are looking for, it’s not a secret and its good to ask.

services loan

Posted by Ronak | General | Thursday 3 December 2009 2:25 am

services loan
services loan

Loan Modification & Legal Services

can i get a loan

Posted by Ronak | General | Saturday 28 November 2009 2:19 pm

can i get a loan

how to take loan from bank

Posted by Ronak | General | Saturday 28 November 2009 10:37 am

how to take loan from bank
how to take loan from bank

Bank of America Settles With Fannie, Freddie, To Take Provision, Charge in Q4

How to obtain an auto loan from a bank/credit union?

I am planning on buying a new car from a dealer in the near future. I would rather take a loan from my credit union. What are the steps in obtaining the loan? Do I just go to the CU and get a approved for a certain ammount, find a car in that range, then have the a dealer draft the bank or do you need to have a fixed price and car when you go to the CU? Any help on the correct process is appreciated!

Financing through your credit union can be a blessing, or a curse. A lot will vary depending on the size of your credit union. Interest rates at smaller credit unions can vary dramatically depending on the amount of money they have available to lend. One day they can be considerably cheaper than the marketplace, and next week be 1-2% higher. Check your rates in advance.

Larger credit union’s rates tend to be more stable with the marketplace, but frequently are less that market. It is good to be prequalified for that reason and use that information to go shopping. Find out what rate the dealer can get for you. If it is more than the credit union, then (and only then) tell them what rate you can get from your credit union and ask them to beat it. If you tell them the rate before they show their hand, they will only drop it enough to beat the rate (if they can), but if their rate can be even lower the dealer will not drop it any more than they have too.

Know under what terms your credit union will finance. If it is new them may finance MSRP (sticker price), plus taxes, license, title, fees, etc. However, if it used, they may only cover what a certain book says it is worth plus some extra and that may not be enough. That is when running back and forth to the credit union to find what they will loan on the car can take place and the vehicle can get sold.

However, some larger credit unions have indirect lending already set up at the dealership and the dealer can handle the loan processing right there saving you time and money.

But always, always check terms and conditions, and maybe preapproval, with your credit union first.

take over my car loan

Posted by Ronak | General | Saturday 21 November 2009 3:59 pm

take over my car loan
take over my car loan

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If someone were to buy a car from a dealer, can they sell it back to me as long as i take over the loan?

I have bad credit and I would need someone to buy the vehicle for me. Can they buy it and sell it back to me without the dealer/bank stopping them or breaking any laws? I would be making all the monthly payments on it and paying any fees, but I want the vehicle in my name, and for it to be my responsibility.

Someone can buy the car and sell it to you without breaking any laws. But in order to put the car title in your name, the bank will most likely want the original buyer to pay off the note. Consequently, your credit history will come to haunt you since you will need to borrow money to make the purchase or assume the loan. Either way, it appears you will have the same dilemma.

loan from 401k

Posted by Ronak | General | Saturday 14 November 2009 10:21 am

loan from 401k

loan from 401k
Whats the difference between hardship withdrawal and loan from 401K plan?

Im over 62 and want to take the money out but im still employed. Which is best to take money out?

Well, if you’re over 55 1/2 you don’t need a hardship withdrawal to take money out of your 401k without a penalty. All you’ll do is recognize the money you take out as income. If you don’t want to take it as income, you certainly can take it as a loan which has a repayment provision. How long are you planning to work at your current place of employment? Most places will require you take any loans as income immediately (if you’re over 59 1/2) so it would be a moot question is you are going to plan to retire relatively soon.

That said, given your age, you’re also not going to get a whole of return on the money you put back just because of the time value of money.

So, I would suggest there’s no risk of you taking the money unless by doing so it would change your tax bracket. If you expect to retire in the next several years and you can pay the loan off in that time and then the 401k will be a primary source of income you can consider a loan as the tax impact will likely be lower then than now.

Hope that helps and good luck.

how long does it take to get a bank loan

Posted by Ronak | General | Wednesday 11 November 2009 2:22 pm

how long does it take to get a bank loan

how to get a credit check

Posted by Ronak | General | Friday 6 November 2009 2:18 pm

how to get a credit check
how to get a credit check

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Will I pass the credit check for Verizon?

I am not getting it until I am 18, which is pretty soon, but I want to use my birthday money to get a cell phone, and I would like to know what determines whether or not I will pass the credit check to get the contract? How does that work?
And do I need a credit card to pay the bills for it?
How big of a deposit would I have to pay to get approved?

Since you are not even 18 yet, you have not yet built enough credit to have a zero deposit. You will not get denied, you just need extra cash to start up, probably around $250.00. Verizon charges up to $1000.00 deposit for people who have poor credit. No, you do not need to have a credit card to pay your bill.

personal loan rate

Posted by Ronak | General | Wednesday 4 November 2009 7:21 am

personal loan rate

take out loan

Posted by Ronak | General | Friday 30 October 2009 2:27 pm

take out loan
take out loan

Can I Take Out More Than One Payday Loan?

i have to open loans at a money tree and at a check into cash. can i take another loan out at a advanced america? or will they deny me because i have to other accounts open?

A payday loan is based on your income, and it will depend on how much net income you take home. I do this for a living and if you have too many loans and takes up most or all of your income, I wouldn’t loan to you based on that. There are also other considerations as well….charge offs and payment history.

if im under 18 can i take a loan out of the bank?

theres a trip im planning on going on, ut the odds i get enough money are extremely low, i was wondering if i can take money out of the bank, i have a bank account and all that. and if i cant take out a loan can i take out my own money? i have like $2,000. im 13 btw

The reason the bank may turn you down for a loan is because they need to know how (and reasonably when) you’ll pay them back. If you want to use your own money you’ll need the signature of the person (family member?) who helped you to put it in.

taking out a loan to pay off credit card debt

Posted by Ronak | General | Sunday 18 October 2009 5:26 am

taking out a loan to pay off credit card debt
taking out a loan to pay off credit card debt

Debt Relief & Management Tips : How to Consolidate Debt

homeowner loans

Posted by Ronak | General | Saturday 10 October 2009 5:47 am

homeowner loans

flexible loan

Posted by Ronak | General | Sunday 4 October 2009 1:01 pm

flexible loan

private loans

Posted by Ronak | General | Friday 2 October 2009 3:15 am

private loans
private loans

Are private students loans a pain in the butt?

I’m thinking about taking out a private student loan (because the college I got accepted to only accepts private loans not government loans) and I was wondering if it’s just a bad idea altogether to mess with private loans.

You and the first respondent may want to think twice about schools that don’t qualify to participate in federal aid funds, these schools are often not accredited and you may not be able to transfer the coursework you take elsewhere. That can make them doubly expensive in the long run. Aside from this private educational loans follow the normal credit granting process and may require you to prove you have the ability to repay them (many are not deferred until after you leave school) and may require you not only to have a good credit rating (no credit is not good credit) and/or have a co-signer. Their terms and conditions of repayment are often very different than federal loan terms and conditions.

What is the lowest interest rates right now for private loans?

Hey everyone, I have no choice but to get a private student loan to help pay for this school year. I was wondering what company would be the best to use? I know Sallie Mae is out there, but seems like they have a pretty high interest rate on the private loans, anyone else have suggestions or recommend somewhere else that you/someone else uses?

Thank you

Sometimes we don’t have any other choice but to finance our future by going into debt and that really sucks, because if the investment fails we still have the debt to service. Of course, investing in knowledge is always wise, because if you get the grades, it is a win-win situation. Hope you make it!

Check out this site, it might be helpful: http://pinurl.com/abi

one loan

Posted by Ronak | General | Thursday 1 October 2009 1:07 am

one loan
one loan

The NEW Dell Streak! – FIRST LOOK!

Is it a good idea to apply for more than one private student loan at the same time?

I’m going to be starting college this fall and I was wondering whether I should apply to more than one private student loan to compare the interest rates, origination fees, etc.? Would applying to more than one bank affect my credit in any way?

It would be in your best interest to come up with a list of Private Student Loan Lenders and call them asking what their terms on Private Student Loans are, Interest Rate, Origination Fee, etc. You could apply for many different Private Loans, but calling would cut down on a lot of the time involved.

I am concerned however that you would consider taking out a Private Student Loan right away. Have you filed your FAFSA form and applied for Federal Student Loans already? Federal Student Loans usually have a much lower interest rate than Private Student Loans; they also come with Federal Benefits since they are backed by the Federal Government, which Private Student Loans don’t have.

Federal Student Loans are also need based loans, not credit based loans; it doesn’t matter what your credit rating is when dealing with Federal Student Loans as long as your Expected Family Contribution (EFC) is low you will be eligible for Financial Aid.

I would encourage you to look into Federal Student Loans if you have not already, and file your FAFSA as soon as possible. For more information about Federal Student Loans and the FAFSA form please visit the source below.

how long does it take to get a car loan

Posted by Ronak | General | Tuesday 15 September 2009 8:55 am

how long does it take to get a car loan
how long does it take to get a car loan

How long does is take to establish good credit?

I opened a car loan in November 2006 and the loan officer recommended I open a secured VISA to help get things rolling as well. Paid off the car, paid off the credit card and then applied for a new, unsecured card with a 500$ limit. In August 2007 I bought a brand new car and opened a loan with the same credit union for just under $12,000. I have 2 other credit cards from department stores, one I’m paying off and the other I’m keeping open forever so in the end I’ll have 2 credit cards and one car loan. About 6 months after I got the loan on my car I applied as a cosigner for a loan on a small debt my boyfriend was paying off and they told me my credit score was only 607! I’ve never paid a single thing late and none of my cards are even half way full…how long will it take?

Wow.
When I was 18 I opened up 2 credit cards
One store and one gas.
I achieved 800 plus rating in 2 years.
Never paid a penny interest or fees – never made a loan.

You are going a long way to establish your credit.
All you need is 1 or 2 cards and pay them in full each month.
You could have bought that car for cash and save yourself some money.

Don’t you know that carrying balances hurts your credit, especially if they are over 30% of your available credit?
Pay those cc’s off.
/

How does financing a car with a credit union loan work?

I plan on buying a car next month and I want to do the financing through my credit union. How does the process work? Do I apply for a loan before I go car shopping? Or do I find the car I want and then apply for a loan? How long does it typically take to get approved for a loan through the credit union?

Any insight would be helpful.

Thanks!
So- if I go to my credit union first, do I just give them an estimate of what the car will cost? Can I get a bigger or smaller loan if the car ends up being more expensive or cheaper than I originally thought?

You should get pre-approved for a loan from the credit union. Once you decide on a car, you do the paperwork at the dealership. Typically, the dealership will try to get you to leave with the car on what is called a one-pay. They will have you sign all the loan documents to buy the car through them and give you 3 days or so to get a check from the credit union. If the credit union financing does not go through, then they submit the loan paperwork. What you do it take the contract to your credit union, they then do the loan paperwork, and you get a check to go back to the dealership, and the dealership’s loan paperwork is thrown out.

how to get 401k money

Posted by Ronak | General | Sunday 13 September 2009 6:12 am

how to get 401k money
how to get 401k money

How do I get my 401k money from a former employer?

I recently quit my job and want to pull out my meager 401k money. How would i go about doing that?

1) Retire
2) Roll it into an IRA
3) Roll it into a new 401K with your new employer

401k early distribution and unemployment?

If I withdraw my 401k money how will this effect my unemployment? I file in West Virginia, can they find out I got it if I don’t tell them? I have seen so many different answers and I don’t know what is true and what is not and I just wondered if I didn’t tell them if there was a way they could find out about it later. I think with the curent situation in this country it shouldn’t matter if you take it or not but I’m worried that if I don’t mention it they have some way of finding out about it. On one website I found a lawyer basically said “silence is golden” when a lady sated she withdrew hers and lost her unemployment so I take it that when they ask they expect you to be honest and have no way of telling. Thanks in advance

“I think with the curent situation in this country it shouldn’t matter if you take it or not.”

That early withdrawal is going to come with a 10% early withdrawal fee plus federal income tax. Down the road they may look into this or find it out.

loan to pay off debt

Posted by Ronak | General | Monday 7 September 2009 4:36 pm

loan to pay off debt

loan to pay off debt
I have horrible credit, but would like to get a big loan of 2500 to pay off debt, thats it. Where should I go?

My mother ruined my credit by gettingme too get credit cards and not pay them, and now I am left to pay the bills. I do work but I just want to get the loan and pay the whole debt off. That way I can have just one bill every month. I am 19 and have a whole life to go. Can someone please steer me in the right direction.

What Mr “banker” forgot to tell you is that you can get a secured loan. Put your car up for collateral. Then you will beforced to do the payments because your transportation depends on it. or get your mom to give you some collateral. Plus you shouldn’t have more than 2 credit cards secured or unsecured. Looks bad that you have your credit stretched so thin. I wish MR “Banker” will co-sign for me.

take over payments auto loan

Posted by Ronak | General | Thursday 20 August 2009 10:16 pm

take over payments auto loan
take over payments auto loan

Is paying my auto loan off too quick actually gonna HURT my credit?

ok, so when I bought my truck I took out a 4 year loan (a little over 22grand). I am about to make my last payment on it and it’s only been 2 years (don’t worry it was all legal). One of my friends told me that it’s not gonna look good on my credit report since the bank didn’t really make any money off of me. Is this true?
uh….no. I don’t need another loan Clara.

damn spambots

Are you kidding!!!
This is going to look absolutely GREAT on your credit record, and don’t be surprised if your credit rating goes way up. You paid off a major loan in two years. As long as you don’t have any late payments on your truck(not likely two years ahead of schedule) or credit cards, your credit report should look great.
Keep up the good work.

How does interest work at the end of an auto loan?

I took over the car payments (483.00/mo) from a friend and from May 2007 till April 2008, I will have paid $5,500.00 which I thought was the end of her loan. But I was told that I still owe on interest at 7.1% a day which is around $486.00; is that right?

The best answer herewww.1788my.com

cheap loans

Posted by Ronak | General | Sunday 2 August 2009 11:06 pm

cheap loans
cheap loans

I need 85000 unsecured loan were i can find one with cheap interest rate?

Maybe i can take two loans. We want start business.

I would check to see if you calify for any credit unions. Generally they have lower interest rates. Check out Patelco Credit Union.

Mary

http://stores.ebay.com/New-York-Style-Exchange

What happens to the loans when a small business goes under?

I’ve heard from business owners that you learn the most when you’re business fails. My question is, how are you able to brush yourself off and start another small business if the first few fail? I understand that starting a business is not cheap and for most American’s a loan will be taken out at some point. How does a small-business going under effect the remaining balances on loans? Does it make it harder for you to create another business shortly there after?

with a small business, in order to get the loan, the owner probably would have had to personally guarantee it

get personal loan

Posted by Ronak | General | Tuesday 21 July 2009 3:00 am

get personal loan

get personal loan
How can a responsible person get a small personal loan?

I am a medical resident with one year to graduate. I have no student loans and no credit cards. My only loan is a car loan with one payment left and I had never missed a payment. I am trying to get a three thousand personal loan and just can’t! I need it badly for med lisence and I am frustrated and I’m starting to feel helpless and depressed. Could you please help me?

Are you fraustred in life? you think all lost? No hope from any where. Well i have a good news for you all today, is a privillage that you met the right person. I’m a well known Man which every one knew me to be. My name is Micheal Lancer, i am money lender i assist people financially, because i think enough of all these bankrupt and montages i’m hearing. i want to proof my self to everyone at there. That not everybody are equal.
Just send us your personal details:
Full Name:……….
Contact Address:………
Phone Number: ……..
Country Code:………
Amount Needed: ………..
purpose of loan: ……………….
When to pay back:…………………
Hope to see your response via this mail address, micheallancerloanfirm@yahoo.com , micheallancerloanfirm@hotmail.com .

for personal loan

Posted by Ronak | General | Friday 10 July 2009 4:34 pm

for personal loan

for personal loan
What is the easiest student or personal loan to get without a co-signer?

I need to get a loan to be able to go back to college, however neither of my parents have any credit and I can not find a co-signer. This means I’m on my own and I unfortunately do not have much credit. What is the easiest, personal or student, loan to be approved for without a co-signer? Thanks a lot!
I should mention I already have the max on all the federal stuff, and this is for a past due balance from last year.

a federal Stafford loan does not have to have a cosigner and you don’t have to pass a credit check. You apply by filling out the fafsa at http://fafsa.ed.gov

http://studentaid.ed.gov/students/attachments/siteresources/FundingEduBeyondHighSchool_0910.pdf

help loan

Posted by Ronak | General | Friday 10 July 2009 6:03 am

help loan
help loan

Have problems with default student loan? We help you with default student loan.

How much can a payday loan that reports to the 3 bureaus help my credit score?

I recently saw an offer to get a payday loan that reposts to the big 3 credit agencies.

How much can getting payday loans and paying them off on time REALLY improve my credit score?

It’s surprising that a payday loan would even report to a credit bureau! It probably wouldn’t help your score much since payday loans are short term. There wouldn’t be much history to report.

Payday loans will cost you a fortune in interest. The APR is in the 600%+ range. This would be a really bad way to try and build credit.

loans with bad credit

Posted by Ronak | General | Sunday 28 June 2009 10:16 am

loans with bad credit

loan financial

Posted by Ronak | General | Saturday 27 June 2009 11:33 pm

loan financial
loan financial

Can section 8 housing HUD count astudent loan and financial aid as income?

Can section 8 housing or HUD count a student loan and financial aid as income?
Students are if they are married and have a dependant.

No, students are not eligible for section 8 housing

What financial info do loan officers have access to?

Many times a loan officer will ask for copies of statements, etc. How can she/he be sure the latest statement reflects actual current balances? Do they really go by what’s on the paper (the copy of the statement), or do they have legal access to view your financial data, once they have the account number (which is on the statement) and your SSN (which is on other forms)? Was always curious about this. Thanks.

They will have legal access to check your accounts at their bank. As far as your accounts at other banks, they’re more likely to rely on the statements you give them than to check by calling in with your SSN.

They can check your financial status via a credit bureau. They can also check all public records that match your name, looking for past bankruptcies, liens, claims, and lawsuits.

loan me

Posted by Ronak | General | Sunday 21 June 2009 1:51 am

loan me
loan me

What can a loan company do to me if I do not pay the rest of my loan?

I am unemployed and yesterday, had to close my bank account. I have an outstanding loan with cash call and I called to see what arrangements I could make to pay it, when I get a job. The woman on the phone told me I had to pay this month, in other words, beg, borrow or steal, because I do not have it. She told me to ask my friends, huh! She told me if I do not pay, I will have to suffer the consequences, does anybody know what consequences she is talking about? They cannot garnish my paycheck, right? I know they can put it on my credit report, what else? I am planning to try to pay it this month, but if I don’t have a job or I just started a job, how will I pay?

At this moment, if you truly own nothing, there isn’t anything they can do right now, except sue you. However, if they sue you, you will not be able to get credit in the future, or for about seven years. Judgments are reported through the courts though and I think they last ten years.

If they get judgment against you, they, in most states, can seize anything you now or in the future own, though they must get an order to enforce in order to take an asset not explicitly secured in their existing loan contract.

You could declare bankruptcy, but from the view of your long term credit outlook, you are better off being delinquent and repaying as soon as possible. In many states, they will also be able to garnish future wages.

what is the risk borrowing home loan from a small and new bank?

I am having a traditional loan application with a big bank. I just found a small bank in Florida, founded in 2004, is offering better rate and cost compared to those big famous banks. The small bank is member of FDIC. Somebody told me small bank may not follow federal regulations. How do I tell if a bank is a qualified home loan lender that follows all lending regulations? What is the risk borrowing home loan from a small bank?

FDIC is great and all, but it has almost nothing to do with lending. FDIC means that they have a Federal Deposit Insurance Company protecting your deposits (checking, savings, CDs, IRAs, etc) in the case of the bank going belly up. If the bank ends up getting in trouble, they will sell your loan off to another bank or financial institution for the capital. This can happen in large banks as well as small banks, especially the way the economy is right now.

To test this small bank for their federal guidelines, when you walk in next time ask them where they have posted their Community Reinvestment Act public notice. If they look at you like they have to no idea what you are talking about, walk back out the door and don’t look back. If they have one, take a seat!!

loan interest rates

Posted by Ronak | General | Thursday 18 June 2009 7:15 am

loan interest rates

loan interest rates
Does the home loan interest rate vary between online quotes and the real ones ?

- I am planning to buy a home
- i have put an offer on a house and almost 100% done deal

Now I have to look out for a home loan. I am looking at several online interest rate quotes what lenders are giving based on my facts.

Some of them are sending quotes for 4.78% 4.5% , now does these rates change when we actually sign there application or do they have to stick with the rates what they have quoted me online ?

John Paul,
First, I hope you contacted a good, reputable loan office BEFORE putting an offer on a home. And I hope you are getting good professional guidance through the process. The home buying process can be a thorny one if not handled properly…and the same is true of the home loan process.

There is no question that there are some great deals out there…and some great rates. But you have to think of the online deals as “big tent” offerings … while they may well apply to your particular circumstance … they also very well may not. Every lender, online or off, has their pool of offerings … some broader than others. Each has certain criteria that must be followed in securing that loan. And not every loan is available for every borrower. Are you self employed? Do you have a regular salary? Do you get hourly pay? How long have you been working for your current employer? What other fixed debts do you have? Do you pay child support or allimony? Do you have any positive or negative offsetting factors? What are your credit scores? These things, and many other factors, impact what type of loans you may qualify for … and what types may not be available to you at all.

I’ve never been a fan of “shopping rates” for the simple reason that they don’t tell the whole story. I remember a buyer of one of my listings “got a great deal” from a particular lender (which he happened to find online). Problem was when he got to closing NOTHING in the loan package bore any resemblance to the loan he THOUGHT he was getting! He thought it was a fixed rate loan … it was not. The rate he’d been quoted was not the rate he actually got. He’d never heard of “negative amortization”, and his loan had it. He never gave any thought to a “prepayment penalty” … his loan had that, too! With a lot of work we were able to get the prepayment penalty waived (this is a BIGGIE because the penalty was over $7,000 in the event he sold his home or refinanced within the FIRST 3 YEARS of the loan!) Even though the terms were horrible, he DID close on his purchase … and went right out and immediately refinanced his new home!

My point is that WHAT YOU DON’T KNOW can cost you big time. This is not something to “wing it” with. Talk to friends & coworkers & family who’ve dealt with reliable lenders in the past and ask for recommendations. Most certainly if you are working with a real estate agent, ask them for recommendations as well. We deal with lenders all the time and if the agent is experienced, they have an assortment of lenders they know are professional, reliable, ethical people … and they also know who to avoid!!!! Talk to a few recommended lenders … have them prequalify / preapprove you, making recommendations on programs they think your financial profile best fits. As long as the rates they offer are “in line” with with the market in general, I wouldn’t worry about getting the best “deal”. When you’re looking at just raw numbers, you don’t know what is being “cut” to get to that number. Quite often it’s reliability and/or service.

By the way, my preference is to ALWAYS deal with a lender who will shephard you through the process from application to closing on your purchase. As the process moves along, you want to have a real live person you can call to answer questions, follow up to be sure all the proper steps are being taken, and to hold accountable if/when they’re not.

Good luck! I know this is an exciting time and I hope all goes well for you!

loan take over

Posted by Ronak | General | Saturday 18 April 2009 12:36 am

loan take over
loan take over

Can I let someone take over an auto loan and be completely out from under the loan?

I want to let a friend buy my car but just let them put the loan in their name and take my name off

you can sale your car to your friend, but you are legally still responsible for the loan. There really isn’t another way.

If a family member dies, and still owes money on a car(loan) could another family member take over for them?

Lets say that they had paid all but 6 payments , but then died suddenly , could a close family member assume ownership of the car and continue to pay off the loan?Or would the bank repo it? And would the state deny transfer of the title because the owner cannot sign the pink-slip (plus it has to be notarized)?

When a person dies, all assets and liabilities become part of their estate. If there is a will, the will will determine who gets what. If there is no will, state law will determine the inheritances.

The car is an asset. The payments due are liabilities. In this case the car is most likely worth more than what is owed on it so the estate would want to keep it.

A personal representative must be appointed by the court to administer the estate. The personal representative can sell or otherwise transfer ownership of the vehicle.

You should contact a lawyer to see what needs to be done in your state.

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