Q&A: Is there anything i need to know about a bank loan?
Question by FlyingMattress: Is there anything i need to know about a bank loan?
Okay so im trying to get a bank loan cause im buying a car from a private owner, and i dont feel like i can trust the person im paying the car on! i need help in case there’s something im missing!? please help! thanks!
Best answer:
Answer by Dan B
It’s good that you are using a bank to finance the car. Why? Because the seller is (like most people) not well versed in financing. They don’t understand interest or how to track and document your payments.
Applying for a bank loan to buy a car is the same, whether from a private party or a dealership. But you have to be sure the car you are buying is worth what you are paying. The bank doesn’t care if the car is a piece of junk. If you are borrowing the loan value of the car, you’ll be stuck with the debt regardless of the condition of the car.
Before applying for the loan, check the paperwork on the car. Is the title clear of lien holders. The title must be the ORIGINAL, not a photocopy (which can be altered). Also, check the registration. The seller must be the same person on the front of both documents or the seller must have a power of attorney authorizing him to make the sale on behalf of the true owner. Also, the VIN# must be the same on the car, title and registration. Don’t accept a “typo error” as an excuse for the mismatch. There are no typos on these documents.
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Installment loans for people on disability with bad credit?
Question by Ellie Mae: Installment loans for people on disability with bad credit?
on social security disability and need a loan of about $ 2000. able to pay on monthly basis for installment loan, not payday loan.
Best answer:
Answer by gosam777
Your problem is lenders cannot garnish or seize government assistance money. Lenders need a guarantee if you default, they can recover at least some of their money. Since they cannot take SS money, they have no way to recover it, and won’t lend it out. Unless you have some collateral, a car with free title, electronics, furniture, something of value you can use as security, you won’t find anyone.
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Categories: Loan Questions Tags: Credit, disability, Ellie Mae, Installment, Know, Leave, loans, People, Question
Q&A: Does anyone know of a payday advance/ online place where I can get a small fast loan?
Question by miss_tink_21: Does anyone know of a payday advance/ online place where I can get a small fast loan?
I need a small loan.
And I need to be able to pay it off in small increments.
Does anyone know anywhere where this might be possible?
Best answer:
Answer by CatDad
Payday loans are never paid off in small increments.
Typical payday loan: You write them a check for $ 350 and postdate it 2 weeks in advance. They give you $ 300 and cash the check in 2 weeks.
With online payday loans, you give them your bank routing and checking #’s and in 2 weeks they debit your checking account, whether the money is there or not.
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What effect with the current market crisis have on my credit cards?
Question by happydawg: What effect with the current market crisis have on my credit cards?
I have several credit cards. Most of them have a zero balance. I do notice the credit card companies keep sending me blank checks wanting me to take advantage of low interest rates theyre offering.
Will the financial troubles have any effect on my credit cards? If so, what?
Best answer:
Answer by Tom P
The government is talking about eliminating 0% interest teaser rates on credit cards. This is probably why we are getting those blank checks with 0% interest right now. It is possible that credit card companies may lower credit limits, and even cancel the accounts of some customers in order to reduce bad debt liabilities. There is likely to be a wave of credit card defaults in the near future, which may trigger some of this activity. If you have a good relationship with your credit card companies I doubt you will be personally affected.
Good Luck.
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I’m in extreme financial trouble and I need help I dont even know where to begin?
Question by Dawn: I’m in extreme financial trouble and I need help I dont even know where to begin?
I have lost my home had my wages garnished and I have 8 payday cash advances out from when my work dropped our hours for over a year. Please can some body help me o dont even know where to start
Best answer:
Answer by Bolt Thrower
Declare bankruptcy. It will hurt your credit rating but it seems like that’s your only option.
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The Small Business Bible: Everything You Need to Know to Succeed in Your Small Business
The Small Business Bible: Everything You Need to Know to Succeed in Your Small Business
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How To Buy A Home Using A Va Loan: What Every Home Buyer Should Know
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Economic Capital: How It Works, and What Every Manager Needs to Know Reviews
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Q&A: Does anyone know where to get an installment loan if you’re receiving Unemployment benefits?
Question by 2NewHips: Does anyone know where to get an installment loan if you’re receiving Unemployment benefits?
I am currently out of work and in desperate need of a loan. I’d like an installment loan that I can pay back over time because I’m receiving unemployment benefits and money is really tight.
Best answer:
Answer by Satisfied Mind
I’m not entirely sure you can get a loan when your not working, at least not from anywhere legitimate. I am sure, however, that it is not a good idea to put yourself in a deeper hole.
Give your answer to this question below!
Categories: Loan Questions Tags: anyone, benefits, Installment, Know, loan, receiving, Unemployment, you're