Recent questions tagged loans

Description : Will this hurt my credit?

Last Answer : I would focus on just the one for awhile, to be safe. Spend wisely and pay off monthly until done. If you're doing well on that loan or pay it off, as far as payments and being on time, ... , he's helped millions of people get a realistic view of credit and debt. Highly recommend you read the book.

Description : Can a private loan company call my friends?

Last Answer : I don’t think it’s legal. They have nothing to do with your loans. You can check with a attorney though for next course of action.

Description : Is taking out a HELOC a good idea?

Last Answer : Perhaps you’d tell us what a HELOC is.

Description : Can you go to jail if you can't pay back loans, such as student loans?

Last Answer : No, you can’t go to jail. You may end up bankrupt, and you may be in debt for a long time. But you won’t go to jail.

Description : Are my estimated closing-costs too high?

Last Answer : This seems very high. I’ve bought 3 homes in my lifetime and refinanced a few times (am in the process of refinancing right now) and I’ve never paid more than 2,500 in closing costs.

Description : Does this mortgage payment sound realistic?

Last Answer : What’s the amortization? If you’re working with a mortgage broker then you should be able to trust what he says your payments will be as long as your ok with the amortization.

Description : Questions about loans and credit?

Last Answer : answer:There's more to a credit rating than using credit cards. Your income is very important. They want to see that you know how to handle money. Paying off your bills each month in full is a ... days. Banks are very stingy due to the banking crisis. They may require a down payment of that size.

Description : Which available method should I use to pay for this class I'm taking?

Last Answer : answer:Girl friend. Absolutely. Cheapest form of money. And you're good for it, right? Of course, you could maybe get a student loan somewhere. There may be grants, as well or other scholarships. If ... . Instead I had to borrow from my father. That was all right, but a girlfriend is even better.

Description : If you have a loan or credit card balance, and you pay over the minimum due, whatever you pay over goes directly to the principal, right?

Last Answer : answer:The longer you have the debt the more interest you pay as each month more interest is added. If you only pay the minimum you will have the debt for much longer and you will pay more interest. The ... . Even I you pay the loan of early you will stay pay the interest for the full loan period.

Description : Should I payback my student loan?

Last Answer : answer:I am always in favor of paying off date. What I would do is save save save save. Continue to pay the $116, and then when you have $20K+ in the bank, pay off the loan (It will be lower by then) and start looking for a house while you continue saving. @johnpowell What are you talking about?

Description : What is the best way to improve my credit?

Last Answer : answer:1 Not impossible to get, but difficult. You may have to pay TWO months rent ahead along with security deposit. 2. Timely payment is the biggest thing. 3. Do not close an unused credit card, use it on a limited basis. Then pay off ALL of balance each month.

Description : Can I legally cancel a loan contract?

Last Answer : answer:Not really, unless there is a clause, in the contract, that allows this. Read the fine print.

Description : Why am I required to obtain credit?

Last Answer : It’s all part of the game.

Description : When I compare my school loan statements and my credit card statement and my car loan it appears to me that school loans operate like credit card debt?

Last Answer : My loans were like a car payment, if I remember correctly. But have you ever deferred any of your loans or ever had them in forbearance? Depending on the type of loans you have, that would effect the total amount ... to pay them off. Ugh! Can't tell you how glad I am that that's over and done with.

Description : Can someone buy a house in America if they only come here on a visitors visa?

Last Answer : Anyone can buy a house in America, even if they never step foot in this country. Lenders will loan money to anyone they believe will pay it back, so all anyone needs is proof they can repay a loan, or better yet, most foreign investors simply pay in cash.

Description : Where can I get a loan to purchase a business, even though I have bad credit at the moment?

Last Answer : Even small businesses with great credit and history of success are finding it hard to get a loan right now. I would be surprised if you can get the loan. And if the seller has any sense, s/he will put ... down payment cannot be borrowed. I hate to be so negative, but that's the facts as I see them.

Description : What does a credit score of 816 actually mean?

Last Answer : 816 is very high, I think the highest is 850. You should have no problem getting a loan or a credit card or an apartment, or whatever you want. I am shocked that is considered a B rating. Any score ... Or, a credit card you no longer use might have some crazy $35 charge on it you are not aware of.

Description : Help on getting a loan returned from a good friend?

Last Answer : Stacy, you know I’m not in the best of times right now, I could really use some money I loaned you a while back. If it doesn’t go as planned, just laugh about it and ask someone else :p

Description : Question about refinancing...

Last Answer : he has no incentive to report you but she may not be able to do the re-fi. You used to have to give all this info years ago, then everything got loose. It’s now tightening back up.

Description : Where should I open Credit card?

Last Answer : why do you think you should open one at all? If you already have one, why do you want/need another? If it’s because the Capital One card is maxed out, you do NOT want another. Fix your lifestyle so that you can get out of debt, do not accumulate more!

Description : What are some options for paying (off) school loans?

Last Answer : You could ask your parents to pay for it and then they wouldn’t charge you interest.