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Debt Consolidation Loans in Canada, Consolidate Your Debt #bridging #loans

#debt consolidation loans

Debt Consolidation

Debt Consolidation

When we take stock of our finances, it can be easy for our debts to overwhelm us. We see our credit card balances and other consumer debts, and we can feel as if there is no hope that we will ever pay off our creditors. Those living with the burden of debt often experience fear, anger, frustration and even depression. Entire families suffer from the effects of heavy debt as worry and resentment cause loved ones to withdraw from each other. These problems are real, but consumers are fortunate to have many options that make getting out of debt a real possibility. Debt consolidation loans are one option that allow debtors to pay off their consumer debt with single affordable monthly payments.

Debt Consolidation Loans Canada

When it comes to debt consolidation Canada is seeing increasing numbers of its residents looking for a way to reduce the number and amount of monthly debt payments. Debt consolidation loans involve combining several high-interest loans or debts into a single debt with a lower interest rate. A debt consolidation program works to simplify life for the consumer by replacing a number of bills with one lower monthly payment. For example, a consumer with four credit card bills can get a debt consolidation loan to pay off the credit cards, resulting in one payment, rather than four.

Advantages of Debt Consolidation Loans Include:

  • One monthly payment. The fact that you are left with one payment means that you no longer have to worry about sending payments to several different banks and creditors. Having multiple payments increases the odds that you will forget to pay a creditor, and missing a payment can impact your credit negatively. It is far easier to pay one payment each month, and it is unlikely that you will forget to pay the one consolidation loan.
  • Lower interest rates. A debt consolidation company will typically charge a lower rate than credit companies charge. If this is the case, the debt consolidation loan will reduce interest payments and help eliminate credit card debt completely. This frees up more money each month that you can use for other expenses or to pay extra toward your loan principal.
  • Lower monthly payments. Consumers are generally offered the option of a longer repayment period, which will lower monthly payments. The consumer no longer needs to spend all monthly income on debt repayment, a great incentive to consolidate debt.
  • Prompt payment to creditors. All creditors will be paid quickly, reducing the chance of damage to the consumer’s credit rating. Following the terms of the consolidation plan and making timely payments will further protect your credit rating and in some cases may actually help improve it.
  • Reduction of pressure from creditors. A debt consolidation program will end telephone calls to the consumer from various creditors seeking payment as from their perspective the debt has been paid.
  • Simplification of the household budget. With only one payment to manage, much of the stress of household budget management is relieved.

An online debt consolidation company will tell you if consolidation is the best course of action. Certain types of debt are eligible for consolidation, including credit card debt. consumer loans and public utility debts. People seeking to consolidate debt may not include mortgage debt in consolidation programs. Consumers looking to lessen their financial burden should draw up list of current debts to calculate total debt. A trained credit counsellor will effectively determine if consolidation of debts will be of benefit in each particular case. The consumer can compare monthly payments with and without a consolidation program.

Are There Disadvantages to Consolidation Loans?

Canadian debt consolidation is probably the most common debt solution for anybody thinking of getting out of debt. And although it is far better to consolidate loans than it is to continue paying many different creditors, consolidation loans are not necessarily the best option for retiring your debt. Many people who go down this route end up with more debt than they had to begin with. This is because you do not lower the principal you owe when you consolidate your loans. The interest rate is lower, but after consolidation, you will still have to pay off the total amount you owed before you consolidated your loans.

Consequently, debt consolidation may not significantly shorten the length of time it will take to pay off your debt.

Debt settlement  is a better option if getting out of debt faster is your goal. Under a debt settlement plan, creditors agree to forgive part of the principal that you currently owe. This means that your debt load is lightened considerably, reducing the time it will take to pay it off. The average interest rate on your debts is usually lowered as well, making it even easier to pay off your creditors.

The drawback to debt settlement is it will hurt your credit score, making borrowing later on more difficult.

Ready to learn more about debt consolidation and other debt relief options? Fill out the debt relief form and get the information you need right away.

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Debt Consolidation By Province

Debt Consolidation Loans – What They Are and How They Work #micro #loans

#unsecured debt consolidation loans

Debt Consolidation Loans – What They Are and How They Work

A debt consolidation loan is a type of financing that is extended to people that have multiple debts, allowing them to consolidate (or combine) all of their debts into one new loan.

While debt consolidation loans can be used to consolidate various types of personal debt. the most common is credit card debt. The loan is intended for people with multiple credit cards who are struggling with making the minimum monthly payments to their creditors.

Benefits of Debt Consolidation Loans

The benefits of a consolidation loan can be a worthwhile solution to climbing out of debt for candidates with heavy debt that is dispersed amongst multiple credit cards.  Essentially, when taking out a consolidation loan, you are paying your credit card debts in full and the new loan is established in their place.  Taking out a consolidation loan is beneficial in the following ways:

  • May reduce the number of collection calls you receive from multiple creditors
  • Allows you to make one monthly payment to one source
  • Provides you the opportunity to improve your credit score over time by making timely payments

Secured vs. Unsecured Debt Consolidation Loans

There are two basic types of consolidation loans – secured and unsecured.  Secured loans are tied to an asset (house, car, piece of property) and used as collateral in the event that you default on your loan.  Unsecured loans are not tied to an asset and are based largely on your credit history because you are considered high-risk for a lender.

Secured Loan: positives and negatives

+ Easier to obtain from a lender

+ Higher borrowing amount allotted

+ No asset risk

+ Shorter repayment term (lower cost in interest over time)

 Harder to obtain from a lender (high risk borrower)

 Lower borrowing amount allotted

 Higher interest rate

 No tax benefit

How Will a Debt Consolidation Loan Affect My Credit?

A debt consolidation loan can provide an opportunity to improve your credit if you use it as a financial plan, as opposed to just shifting debt around.  When you take out your consolidated loan, your credit card debt will be paid in full and you will focus on paying down your single new loan.

If you need to take out a consolidation loan, it is safe to assume that your credit has already taken a hit with delinquent payments.  As your score won’t immediately improve, timely payments on the new loan will start to positively impact your credit rating over time.

Debt Consolidation Loans For Help With Bad Credit #same #day #payday #loans

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Debt consolidation loans

A debt consolidation loan can seem like an ideal solution if you re struggling with all the organisation and administration required to manage multiple debt repayments.

People with multiple creditors (such as credit cards) may consider debt consolidation as a way of paying off the balances of their debts and instead make the one repayment on the debt consolidation loan. But there are some serious implications with regard to debt consolidation that you need to know in order to avoid falling even further into debt.

To debt consolidate or not to debt consolidate?

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Debt consolidation after credit

In recent years, with the increased availability of credit, many people struggling with several monthly debt payments have attempted to use a debt consolidation loan to put all their debts into one supposedly affordable payment, either by securing their debt on property or through an unsecured loan.

Some people find that the debt consolidation loan interest rate is lower than the interest rates they re paying on their other debt (credit cards and payday loans being typically expensive forms of credit). So a debt consolidation loan that means one monthly payment that is simpler and cheaper than trying to manage several other more expensive loan repayments can seem a tempting course of action.

Debt consolidation the pros

In some circumstances, it may seem sensible to debt consolidate.  If you can identify that you re in debt difficulties before you ve actually missed any payments, then your credit rating won t be affected, assuming that Default Notices   haven t been issued already on the debts you owe.

If you choose a good debt consolidation loan with a cheaper interest rate than your other debts, then that should mean you ll then have a lower monthly payment to one creditor.  Your income and expenditure should help you decide what you can and cannot afford if in doubt, contact a Payplan debt adviser ,  or for more information on how debt consolidation could work for you, take a look at this interesting and informative guide to debt consolidation .

Debt consolidation the cons

Some people who take out a debt consolidation loan subsequently take out more credit or use their credit cards again. This compounds their debt problem even more, of course, and leaves them even worse off than they were before. If you take out a debt consolidation loan, you need to be totally sure that you won t need to use your credit cards or take out any other credit while you re repaying your debt consolidation loan.

Debt consolidation may be harder for people with poor credit ratings, and the high rates of interest that people falling into this category are offered may not even cure the symptoms of unaffordable monthly debt repayments. Secured loan interest rates are generally lower than unsecured loan interest rates, but to benefit from these you normally need to be a homeowner.

Debt Consolidation Loans What Can You Do Next?

As a next step, contact Payplan for free, sympathetic and immediate advice regarding the dangers of debt consolidation loans. Telephone free on  0207 760 8977   or use our debt help form ; your free debt advice begins as soon as you contact us.

Unlike so many other debt management companies, here at Payplan we don t charge any upfront fees for debt solutions such as Individual Voluntary Arrangements and Debt Management Plans; instead we receive our income primarily from the credit industry. That is, your creditors recognise that our debt solutions are a sustainable and realistic strategy in getting you debt-free, and agree to arrangements that will typically complete with no fees charged to you.

Payplan provides expert, impartial confidential advice debt solutions to our clients.


Debt Consolidation Loan #grants

#debt consolidation loan

Debt Consolidation Loan Directory

Find companies providing consolidation loan programs and related debt relief services. Save time and money when you learn about and then compare financial services at

Debt Consolidation Loans and Other Types of Debt Relief

Consolidate Debt Without a Loan

Consolidation of Debt through CareOne Without Loans

The providers of CareOne’s Debt Relief Services have considerable experience providing legitimate debt solutions to consumers needing help. Call or request a free debt analysis online.

Terms Terminology with definitions, along with those defined in the text on this page:

We also feature personal finance tips and additional resources written by our staff, as well as those provided by other websites. These are given to you to help you get your monthly budget and personal finances under control. Save money when shopping for financial services. Start the process by doing more for yourself than just saving on your current needs. Learn about personal finance and save money on a go-forward basis!

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General terminology used to describe the combination of multiple debts owed to credit card lenders into one (typically) smaller and easier to manage payment amount. It is often assumed that getting a consolidation loan is required to consolidate debt, however, there are multiple methods of accomplishing this goal. Each type of debt help (or relief) has its own set of pros vs. cons, and the list can be different for each consumer depending upon their personal financial situation. Get more info and Find Debt Consolidation Programs .

This type of lending is can be used for consolidating credit card debt and other (typically) smaller bills, or for a wide variety of other purposes. They can be offered as unsecured loans. or they can be secured to a borrower s personal collateral. Unsecured loans are usually available for smaller amounts of money and qualification is typically much more difficult than it is for other types of lending. Get more info and Find Personal Loan Options.

What is Credit Counseling ?

Credit counselors may be able to help a consumer obtain better interest rates, get penalty fees waived and help them manage their personal finances better through a consolidation of debt that is managed by the credit counseling agency. The consumer makes one payment to the counselor s firm, that (in turn) pays the borrower s creditors. This is why this type of service is also referred to as debt management. Get more info and Find Credit Counseling Help.

This form of debt relief is the process by which a company negotiates a lower balance on a consumer s outstanding debts with their creditors. The credit accounts are closed and the consumer agrees to make payments, per a schedule, until the balance is paid off. However, any amount of forgiven debt may be considered taxable income. Get more info and Find Debt Settlement Services .

Debt Consolidation: Get Tips on How to Pay Debt Off – CIBC #quick #personal #loans

#consolidating debt

Learn How Debt Consolidation Works

Even if you don’t have a stack of credit card bills with high interest rates, you may have school loans, car loans or high-interest loans. There are ways to manage your debt so you can pay less in interest, minimize monthly payments and eventually eliminate these loans altogether. Consider these three ways to reduce your debt.

1. Look for lower interest rates

A lower interest rate allows for a higher portion of your payments to go towards paying off the principal of the loan, so you can pay off the debt faster. Here are a few ways to get a lower rate:

  • Request a lowered interest rate from your credit card provider
  • Open a lower interest credit card, and make a balance transfer
  • Move balances off of cards with especially high interest rates, and onto cards that can minimize these charges

2. Consolidate debt with loans or lines of credit.

Not only will debt consolidation help you better organize your monthly payments, but it should also allow you to pay less in interest than all your previous rates combined. Here are just a few ways you can combine and manage your debt:

  • Apply for a debt consolidation loan, and then pay just the single monthly payment on your new loan
  • Open a line of credit rather than taking out another loan, then repay the line of credit as you use it

3. Refine your debt paying strategy.

Once you’ve consolidated your debts into as few loans or payments as possible, you may still have to prioritize the debts you can afford to pay first. There are two schools of thought on this.

Pay off your highest interest loans first

Some financial experts will advise you to tackle the highest-rate debt first because interest is accruing at a brisk pace. If the loan balances on your high-interest debts are within your reach to pay, this can be a good strategy. However, the debt with the highest interest rate may also be the largest loan or debt you have, meaning it will take longer to pay it off and make a dent in your overall debt load.

Pay smaller loans first

Eliminating several smaller loans and debts first may be a better solution. You’ll reduce your overall debt load, and get the satisfaction of having some initial success.

CIBC has a borrowing solution for you.

CIBC Personal Loans and Lines of Credit enable you to borrow with flexibility at competitive interest rates. Talk to a CIBC advisor today at 1-866-525-8622. You can get your questions answered and learn about CIBC’s lending products. Or, start your loan application online now.

Debt Consolidation 2015 – Reviewed and Ranked #car #finance #calculator

#loan consolidation companies

Debt Consolidation


Debt consolidation can make a lot of sense for people with a high level of debt or paying a lot of bills. In these tough economic times many Americans are faced with significant credit card debt and are looking for help reducing their monthly payments. Debt consolidation is a method often used in this situation and helps consumers simplify their budget.

After consolidating their debt. many people report a reduced sense of stress. This is especially true when debt consolidation allows the consumer to better meet their obligations and get back on their feet financially. It’s important to remember that after debt consolidation. consumers should closely monitor their finances and avoid taking on any new debt.

Finding the right debt consolidation program can be confusing for many individuals. Thankfully a number of reputable financial companies allow consumers to search and apply for debt consolidation online, from the convenience of their home. This increases the chances of finding the right debt consolidation program that meets their needs.

Before applying for a debt consolidation program. you should consider these important points:

    Method. What options will the company provide you with in their debt consolidation program? Cost. Does the company charge a fee to review your finances and identify financial solutions? What are the details you can anticipate with your debt consolidation program? History. Does the company have a long history of successfully helping clients with their financial needs? Is this a company you can trust with debt consolidation? has reviewed and ranked the best Debt Consolidation programs available today. We hope you find these reviews helpful in finding a debt consolidation program that meets your financial needs!

Disclosure. We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we are compensated for links and advertisements on our website. Click here for details.

Debt Consolidation Calculator #consolidate #loans

#debt consolidation loan calculator

Below, check out the awesome new debt consolidation calculator that lets you compare interest, cost and options in evaluating your own debts.

What do all your loans actually cost you? When you make a plan to pay off your debts, do you consider the total cost you will pay over time?’s new debt consolidation calculator helps you calculate your real cost of debt and find ways to save money.

Very few of us pay for our major purchases in cash. The only way most of us can afford to buy a home or car, or to pay for college educations, is to borrow money. How you borrow money and the way that you pay it back determines how much your purchases actually cost us over time.

Don t get caught in a trap where you only think about your ability to afford your monthly payments. Think strategically. Examine how much you pay in total interest over the life of any purchase you finance.

When you borrow money, whether in a mortgage, car loan, student loan, or on a credit card, you re paying interest. If you have a $150,000 30-year mortgage at 5% interest, you re going to pay over $140,000 in total interest over the life of the loan. A 1% reduction in interest will save you over $32,000, cutting your total interest almost 25%!

The average credit card interest rate is about 17%. With rates so high, you need an effective strategy to pay down any credit card debt you carry.

Use the debt consolidation calculator to understand how small changes with your mortgage, auto loan, credit cards, and student loans can lead to big savings. Our free tool also connects you with solutions that will save you money and improve your financial health.

The more money you can save, the faster you can pay off your debt and the more money you can put towards building up your retirement fund and long-term savings.

Dangers of Fast Personal Loans #personal #bank #loans

#fast personal loans

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With anything in life, rushing through often brings severe consequences. Obtaining fast personal loans to make a purchase is no different. Even when time is short, you can take certain steps to prevent falling prey to scam artists or unscrupulous business practices.

Why fast loans tempt borrowers

Fast personal loans are attractive to consumers because of the right now society in which we live. A lending officer might tempt you into submitting your application with the promise of getting to leave with extra cash in your pocket. A short underwriting turnaround can also mean less time for someone checking your credit to notice the blemishes that usually lead to credit decline.

Why fast loans cause problems

In many cases, the lender offers you a legitimate loan product with an expedited processing period. These loans are fine, but offering fast personal loans is a way for predatory lenders to lure you deeper into debt. Instead of performing your due diligence on the loan s terms and conditions, the siren s song of quick cash distracts you from the facts. The lender knows this.

The top sign of a questionable personal loan is a loan officer who s unwilling to discuss the specific details. Rather than providing appropriate disclosure of terms and fees, he focuses on the speed of approval. When you need money to cover your expenses, the turnaround time is important, but not the only factor in accepting the loan offer.

Another questionable practice is targeting individuals with low credit scores for high interest loans. Yes, loans for bad credit do feature high interest rates to compensate the company for taking additional risk, but the rates and fees are not typically unreasonable in nature. Businesses that employ predatory lending practices for fast personal loans, hope you ll apply and accept the loan before you investigate the company or the terms. Because individuals with low credit scores have trouble obtaining financing through conventional methods, they may apply out of the sheer relief that they finally received a loan offer. It s only after months of paying exorbitant interest rates that they realize the mistake.

Avoiding personal loan scams

Always consider the logic behind any credit offer before you accept fast personal loans. If the deal sounds a little too perfect to be real, there s an excellent chance something else is going on that you don t see. Protect your finances by investigating every loan offer you receive to determine whether it s a valid option.

Debt consolidation calculator #fast #payday #loan

#debt consolidation loan calculator

Debt consolidation calculator

Debt consolidation calculators will often tell you about the best available deals to consolidate your debts. Ours is a little bit different. Rather than try to persuade you to take out a debt consolidation loan, our calculator helps you understand whether it s a good option for you.

We want you to know if debt consolidation is something that suits your circumstances. Answering these seven simple questions will help you understand your situation a little bit more.

Risks of debt consolidation

“I wish to thank your staff for all the great help they gave me when I was in so much debt.

They were a pillar of support to me.” (Leslie, Essex)

Foundation for Credit Counselling (trading as StepChange Debt Charity ) is a company limited by guarantee registered in England and Wales (Company No: 2757055 ) and a charity registered in England and Wales (Registered Charity No: 1016630). Registered office: Wade House, Merrion Centre, Leeds. LS2 8NG. Consumer Credit Counselling Service (Scotland) trading as StepChange Debt Charity Scotland is a company limited by guarantee registered in Scotland (Company No: SC162719) and a charity registered in Scotland (Registered Charity No:SC024413). Registered office: 33 Bothwell Street, Glasgow G2 6NL. Authorised and regulated by the Financial Conduct Authority.

Student Loans #bad #credit #loans #australia

#fafsa student loans

Student Loans

AIU accepts a variety of student loan options to fund all or a portion of the cost of your education. There are two student financial aid loan programs students can consider:

  • Federal Loan Programs – Through several outlets, students can obtain low-interest or structured federal student loans that are designed specifically for students coming from challenging economic conditions. Students can apply for these loans through the federal aid web portal and by completing a Free Application for Federal Student Aid (FAFSA) application.
  • Private Loans – Many companies offer private student loans depending on the student’s need. Compared to federal loans, private student loans tend to involve higher interest rates and long-term costs, but can also provide aid for students who do not qualify for federal aid.

As a borrower, you should understand that interest rates can vary based on a number of factors, including the borrower s and/or cosigner s credit rating and credit history. Terms and conditions will vary by lender, so be sure to read all of the details on the loan before you borrow. If you have any questions about financial aid through federal or private loans, contact AIU today .

Learn More About AIU

Fill out this brief form to learn more about how AIU’s flexible programs can work with your busy life to help move your career forward.

CreditXtra – Moneylenders, Instant Cash, Pay Day and Fast Cash Loans in Singapore #unsecured #loans #bad #credit

#instant cash loan

Credit Xtra Welcomes You

Credit Xtra specializes in giving complete and honest worthwhile service to the customer, while working with specific goals in mind. From the very beginning Credit Xtra employed a team of professionals to manage its centres. Only the most skilled and experienced financial specialists are involved with their transactions. Once the trends of the financial market have been thoroughly investigated by these financial specialists, who make up the core of this institution, loan schemes are then created and customized to suit the specific needs of customers.

Credit Xtra in Singapore, is the one you can approach and depend on if you are considering taking a cash loan. Immediate cash loans are determined by your financial circumstances and may not be easily available. However, you are certain of quick results with regards to financial evaluations and proposals. If you complete an application for the loan you want with all the essential documentation, you will be contacted by an assigned customer service representative.

An unforeseen turn of events or occurrence may affect your circumstances in a way that requires much needed financial assistance. You may need extra cash to meet your requirements immediately, if you do not have contingency plans in place for unanticipated circumstances. You are welcome to contact the service professionals at Credit Xtra for help at any time. No matter what the need is, Credit Xtra assures you of quick approvals for extra cash loans.

With Credit Xtrais one of the foremost financiers in Singapore, you are also able to access their business or property loans. Credit Xtra can offer you a selection of property or business loans, which include mortgage or buyouts. These loans are conveniently accessible because they are extended at very reasonable terms.

Credit Xtra also offers advances or Salary loans. Government or private employees located in Singapore may simply make application for such loans. You will be able to easily arrange your monthly financial budget ahead of time, and meet your expenses within the set time limits.

The complete functional unit of Credit Xtra has been designed for efficiency. It is advisable to first submit all essential required documentation to the institution when applying for a loan scheme. The documentation will then be examined by the institutions verification division. Once all documentation has been verified, you will be eligible to receive a loan.

Crisis Loans #nationwide #loans

#loan uk

Crisis Loans

If you need financial help with an emergency or disaster you may be able to get a Crisis Loan. You will have to pay a Crisis Loan back, but you will not have to pay interest. Find out more, including how to apply.

Who is eligible?

You can apply for a Crisis Loan if you:

  • are aged 16 or over
  • you don’t have enough money to meet your (or your family’s) immediate short term needs in an emergency or as the result of a disaster
  • think there will be serious damage or risk to your (or your family’s) health or safety without the loan

A Crisis Loan can help cover the following short term needs:

  • meeting daily living expenses
  • rent in advance
  • board/lodging charges
  • residential charges for a hostel
  • pre-paid meter fuel debt
  • travel expenses if you are stranded away from home
  • household items

A Crisis Loan can also help if either of the following applies:

  • you have suffered a disaster like a fire or flood that has caused a lot of damage and you need help to meet other expenses like replacing household items and clothing
  • you ve been awarded a Community Care Grant because you’re moving out of institutional or residential accommodation and don’t have enough money to pay advance rent to a private landlord
  • Community Care grants

How much do you get?

There is no set amount for a Crisis Loan. The amount you may be able to borrow will depend on:

  • your individual circumstances
  • any savings you have
  • whether you have any unpaid loans from the Social Fund

How Crisis Loans are paid

The loan is paid into a bank, building society or other account provider’s account

How do you repay it?

If you qualify for a Crisis Loan you’ll need to agree how you are going to pay it back.

An adviser at your Social Security or Jobs and Benefits office will talk to you and agree a repayment plan with you that you can afford. If you’re on benefit, the loan is normally repaid out of your normal benefit payments.

You don’t have to pay interest on a Crisis Loan, which means you only repay the amount you borrowed.

Credit Unsecured Loans #payday #loan #store

#bad credit loans no guarantor

Bad Credit Loans

Bad Credit Unsecured Secured Loans to £75,000+

If you have been refused loans by high street banks and other lenders you may believe that your financial situation is impossible. But don’t panic – financial help is at hand. 

Borrowing Options To Consider

5 Star Service



Correspondence Address: PO Box 414, Reigate, Surrey, RH2 2DN.

Solution Loans is a licensed credit broker. Nothing on this website constitutes financial advice. If you need financial advice you should speak to a qualified financial advisor. This website provides information only. The choice of product is yours and your alone. As a broker we process the information you provide us and we may pass this onto our trusted third party lenders and brokers. All credit is subject to you being a UK resident, aged 18 or over and your personal circumstances. All lenders operate responsible lending policies and as such credit is subject to affordability. § Visit how we earn revenue for more information.

© 2005 – 2015 Solution Loans. All rights reserved.

Credit Unions Are Good for Auto Loans #plus #loan

#used car loans

Credit Unions Good for Auto Loans

By Keith Griffin. Used Cars Expert

Keith Griffin has been an automotive journalist and new car reviewer for more than 13 years. His experience as a journalist dates back 35 years. He is currently immediate president of the New England Motor Press Association.

Less than one in five used car loans are made from credit unions, which is surprising because they can be a great source of low-cost loans because they can offer competitive financing rates to their members versus other institutions.

What’s a Credit Union?

Credit unions are financial institutions formed by a group of people with a common bond (like a church, business or union). Credit union members pool their assets to provide loans and other financial services to each other.

These factors allow credit unions to pay dividends to their members (not shareholders) and offer them lower loan rates, higher savings rates and fewer service fees.

Who Can Join a Credit Union?

There are various types of credit unions. Some are affiliated with professional groups, others are part of companies, and some credit unions have geographical requirements for membership. So, basically you can join some depending on where you live.

Typically, credit unions are smaller organizations, which means you’re also going to get faster service.

Decisions are almost always made locally. Your loan check is going to be cut right there so you avoid overnight delivery fees. Other processing fees are typically lower, too.

Possible Savings

According to CUDL. the country s leader in indirect and point-of-sale lending for the credit union industry, credit unions accounted for 16.9 percent of all auto loans originating in 2007, down slightly from 18 percent in 2006. The average used-vehicle loan amount was $18,199 in 2007, a $45 increase from 2006.

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The advantage to credit unions is they are owned by their members and are not-for-profit. Terms are usually better with lower interest rates. That means your loan is going to be shorter. CUDL reports that used-vehicle loans, meanwhile, decreased in average maturity from 70 months to 65 months in 2007.

Get Shorter Loans

Find a Credit Union

The Credit Union National Association (CUNA) maintains a website that can help you find a credit union near you. It also has some good financial tools that could be helpful when making decisions about your loan.

Credit Union Personal Loans – North Carolina Personal Loans at Premier Credit Union #loans #calculator

#personal loans rates

Personal Loans

Regardless of whether you are an experienced borrower with great credit or a member with no credit history at all, with Premier you ll have access to the full range of credit union personal loans at low rates for all that life has to offer.

With Premier Federal Credit Union s personal loans:

And, for your convenience, you can make same day payments with MoneyGram Express.

Personal Signature Loan

Use a personal signature loan for anything you need. It is quick and easy to apply with no collateral required.

Personal Line of Credit

Enjoy terms up to 60-months and a great fixed rate that is lower than most credit cards. It s a smart way to get a little extra spending money.

Overdraft Line of Credit

The perfect complement to your Premier checking account, this overdraft protection loan gives you up to $5,000 (based on credit worthiness) any time you need it to cover drafts on your checking account.

Share Secured Loans

Premier will loan you money against your shares or share certificates on deposit with us. Borrow for up to 120-months at a fantastic rate – our best share dividend rate or certificate rate + 3.00%!

SmartStart Loan

Borrow up to $5,000 for up to 60-months. If you are looking for a great way to establish loan history on your credit report or searching for ways to rebuild your credit, a SmartStart Loan may be a good choice for you!

Holiday Loan

This year as you make your list and check it twice, remember your credit union can help ease your holiday worries. We make it simple with a $1,000 Holiday Loan and 10 easy monthly payments*.

Treat yourself to worry-free holiday shopping without turning to expensive department store credit cards. You could even pay for travel expenses or throw a terrific holiday party. Our Holiday Loan will provide all the money you need, with a money saving interest rate!

To apply, call us at 800.873.2929 or stop by your local Premier Branch today!

*Loan approval based on credit worthiness. Payment may vary based on different repayment frequency. APR may vary based on credit worthiness but will not be higher than 14.00% APR. Holiday Loan only offered from October 1st – December 31st.

Credit Life / Credit Disability Insurance

As an additional benefit for our members, Premier offers credit life and disability insurance to protect you and your family in the event of death or disability. Our Member Services Representatives will fully explain all of the benefits of protecting your loan.

Credit Card Debt Consolidation Canada #bad #credit #unsecured #loans

#credit card consolidation

Debt Management Professionals Waiting To help You!

Credit card debt consolidation in Canada, learn how to get debt free while lowering your monthly payments. Consolidate debt without consolidation loans . we offer 100% pure Canadian credit card debt consolidation services. Why is this important to note? Since 2010 Canada has become under attack from American debt settlement companies looking to try an exploit Canadians who are struggling with their debts. These companies use false advertising and commission based sales people with sales pitches that can be very misleading in an attempt to try and make a fast buck. Luckily many Canadians can see those claims as too good to be true, but others have fallen victim and ended up in worse financial shape instead of the debt freedom they were hoping for.

Our site offers the finest credit consolidation services including Canadian debt consolidating programs and Canadian debt settlement services. If you need help with a debt problem then use the FREE form on the right to talk to a Canadian debt management professional who can help you regain financial control over your life once again. This is an absolutely no obligation free consultation service that could end up saving you thousands in interest and debt payments.

Do Debt Consolidation Loans Work?

When you get so far into debt that you think you can never get out from under the rug, then think again. You do have some options. One to apply for credit card debt consolidation loans to consolidate or pay off your debts and the other is credit counselling. The more preferable option is to consolidate debt using debt consolidation loans and get a fresh start without involving your creditors, but if your debt load is far greater than you can manage given your circumstances then to consolidate debt through credit counselling and credit consolidation programs may be your next best recourse.

To consolidate debt through credit counselling offers a range of services that include advice to debtors and suggested solutions to help consumers deal with serious debt problems. These suggestions often include making informal arrangements with creditors, consolidating debt in one payment, and in the most serious situations recommending that a debtor declare bankruptcy.

There are for profit and not for profit debt counselling services in the marketplace and the differences between them are in their fees structures, services offered, and the expertise and experience of their staff. Some of the Not for profit credit counselling firms tend to be a tiny bit cheaper but for profit debt and credit consolidation companies (in Canada) often have more qualified staff. Either type will assist you well in getting out of a debt crunch in the fastest and most effective manner possible.

Usually the process will work by having a free phone interview or consultation with your credit counsellor after which they will access your financial situation and provide you with a report that outlines your current credit score or rating and begins to discuss your options for moving forward. If possible they will help set you up in the debt management program that restructures your debt under a credit consolidation arrangement.

In this process the credit counsellor will negotiate with your creditors on your behalf and convince them to take a less than the full amount of payment in return for a guarantee of payment. They then arrange a payment schedule for you that you can afford to pay and over a much shorter period of time. This process will quickly help you to consolidate debt with the end goal being to cancel out your debts and get a clean slate.

It only takes a minute of your time to fill out the short contact form on the right. A fully qualified Canadian credit and debt consolidation professional will contact you to help you out of your debt situation. And YES, this is a free no obligation service for Canadians, by Canadians. eh!

Let us show you how to get Lower Monthly Payments, Reduce Your Interest Rates and Avoid Bankruptcy.

Just fill out this short form to get started Today!

Credit Card Debt Consolidation – Become Debt Free? #personal #loans #for #bad #credit

#credit consolidation

Credit Card Debt Consolidation

Choosing Credit Card Debt Consolidation is an important decision and you have a few things to consider before signing your name.

If you decide to consolidate your credit card debt with a financial institution, you may have to apply for a secured loan against an asset that will serve as collateral, most commonly your house. We ll be frank. The notion of you taking out a secure loan and using your home as collateral, to consolidate credit card debt, is a very risky decision with obvious downsides the recent turmoil in the housing and financial markets makes this evident.

If you decide to consolidate your credit card debt with a for-profit debt consolidation company, you may have to apply for an unsecured loan, in which you do not have to put up collateral. In this case, you will be signing your name to an unsecured loan to payoff your other unsecured debt. This type of unsecured debt consolidation loan is very rare and equally risky. The amount of trusted companies offering debt consolidation loan programs without collateral are scarce.

At Springboard, we offer a risk-free way to consolidate credit card debt payments. When you receive your free credit counseling session, ask about how to consolidate your payments into a Debt Management Plan. If you qualify, you get to pay one monthly payment to your credit card companies and you benefit from the incentives they may offer you without putting your home or other assets at risk.

Rebuild a Responsible Credit History

When you begin a Debt Management Plan (DMP) with Springboard, your credit lines are closed and you agree not to use credit while you are on the plan. This is noted on your credit report. In the short term your credit score can potentially go down. You will also be denied if you apply for credit, but that is because you have just agreed not to use credit. As soon as you complete your DMP or decide to leave your DMP (at any time), you are again eligible for new credit. The DMP notation on your credit history is not a negative mark, so don t expect that to harm your credit score now or in the future.

In the long term, your credit score will begin to reflect your regular on-time credit payments, credit lines being paid down and preexisting late accounts being brought to current. These are all positive credit history marks that can make a significant long-term impact on your credit score.

Our Credit Card Debt Consolidation Services Top Benefits

When you decide to partner with Springboard Nonprofit Consumer Credit Management, you ll experience the benefits of having expert credit counselors and personal finance educators to support you. We believe the cornerstone of financial security is a strong financial education. You ll learn money management and personal finance tips that will benefit you and your family for a lifetime.

If you decide to sign up for our credit card debt consolidation services, you will get these immediate benefits:

  • Make one convenient monthly payment to pay down all unsecured debt
  • Reduced fees and/or interest rates from your creditors
  • Well-planned household budget to help you save more and pay-down debts

Our Credit Card Consolidation Accreditation

Springboard is a 501(c)(3) nonprofit organization founded in 1974. Our mission is simple, yet vital: our people improve the lives and financial well-being of individuals and families by providing quality financial education and counseling services. Reputable counseling agencies like Springboard demonstrate their credentials be undergoing rigorous audits and reviews from independent third party regulators.

We proudly wear the following accreditation and memberships:

Accredited by COA (Council on Accreditation)

HUD-Approved Housing Counseling Agency (Housing and Urban Development)

Founding member of HPF (Homeownership Preservation Foundation)

Members of the Southern California Better Business Bureau

Members of the NFCC (National Foundation for Credit Counseling)

Members of FCAA (Financial Counseling Association of America)

Subprime auto loans are up. Here s why that s not a crisis – Jan. 4, 2015 #secured #loans #calculator

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Subprime auto loans are up. Here’s why that’s not a crisis

Subprime auto loans are making a comeback.

So, is there another subprime financial crisis in the making? Experts say it’s not likely.

For one thing, the overall auto loan market is comparatively small — $900 billion — compared to $8 trillion of mortgage loans. Subprime currently makes up about 30% of overall car loans.

Cars cost a lot less than homes. And, historically, borrowers tend to make car payments a higher priority than mortgage payments or credit card bills.

The thinking is that subprime auto loan borrowers will not default in big numbers the way homeowners did because they need their cars to get to work, school and for many other daily necessities.

The numbers back that up. In November, 0.71% of all subprime auto loans were in default, barely higher than the 0.69% in default a year earlier, according to Equifax.

Analysts also point out that subprime loans are rising along with an overall rise in lending.

The main reason overall auto loans are up is because car sales have been strong. U.S. auto sales are on track to reach 16.5 million this year, up from last year and near a record high.

“The reason subprime is growing is because sales are growing,” said Marc Cannon, a spokesman for AutoNation ( AN ). the nation’s largest auto retailer.

Auto sales have soared as the economy has improved and unemployment has declined. The low interest rates are also making it more affordable to finance a new vehicle.

Even so, the rise in subprime auto loans has caught the attention of regulators.

The concern is that lightly-regulated finance companies, as opposed to banks, are fueling the subprime market, according to Richard Cordray, director of the Consumer Financial Protection Bureau.

“In this market, as in others, subprime borrowers may be more vulnerable to predatory practices, so direct oversight of their lending practices is essential,” Cordray pointed out in September.

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Utilizing any personal loan Contract sample is becoming less complicated day-to-day. But when Contract sample it is about house financial loans United kingdom next the bank loan sanction is almost simple as reducing by having a piece of butter.

When the person fulfills the application form, it’s going to be prepared through the lender if he detects the necessary paperwork eligible for the financial loan.

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Following generating a credit card applicatoin for a financial loan it Contract sample initial must be approved and soon soon after it receives authorised this expected money might be shortly used your money. You will be aware that house loans have been devised to serve the need of home constructors and people who needed to own a dwelling.

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No credit assessment automobile loans are provided at better pay appealing available in the Contract sample market but there like a tough competition you are able to work out a persons vision rates. It s a virtually risk free mortgage service which comes with a little bit highly-priced interest rate and Interest rates.

Cost of a Payday Loan – Consumer Information and Prices Paid. #15000 #loan

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How Much Does a Payday Loan Cost?

Annual Percentage Rate: 300%-500%+

Also called a paycheck advance, a payday loan lets an employed person borrow a relatively small amount of cash for a short period of time (typically two weeks), to cover expenses until the next payday. The Federal Trade Commission has issued a consumer alert[1 ] calling payday loans “very costly cash” and suggesting alternatives.

Typical costs:

  • Amounts borrowed vary from $100-$1,500, but most payday loans are for $100-$500. Fees are typically $15-$30 per $100 borrowed (or 15%-30%, if the payday loan company charges interest rather than flat fees).
  • For example, to borrow $300 with a fee of $15 per $100, the borrower writes a personal check for $345 (the amount of the loan plus the fee) and receives $300 in cash. The payday lender holds the check until an agreed-upon date, typically up to two weeks. On that date either the borrower gives the lender $345 in cash and gets the personal check back, or the lender deposits the check its checking account and the money is taken out of the borrower’s checking account. In some cases the money is transferred electronically by the lender, rather than depositing a paper check. Whichever way it’s done, the loan and fee are paid in full.
  • However, a borrower who isn’t able to repay the entire amount of loan and fee can choose to pay another $45 fee to “roll over” the personal check for an additional two weeks. If it’s difficult to pay off the entire loan, fees for extending the loan every two weeks add up quickly.
  • Because state laws vary, payday lending fees are different in each state. For example, Check Into Cash charges $10 per $100 borrowed in Oregon; $17.50 per $100 in California and Alabama; $20 in Colorado; $24 in Nevada; and $30 per $100 in Delaware.

What should be included:

  • Payday loans are fast (typically approved in one or a few hours, and almost all go through within 24 hours) and relatively easy to obtain. No credit check or collateral is required, and the loan amounts are usually far smaller than those typically available through banks, credit unions or other lenders. Usually the borrower needs to show a photo ID and proof of employment or income (pay stubs and/or bank statements), and must have a personal checking account. Payday lenders rarely turn down an applicant who a job, ID and checking account.
  • Many payday lenders offer loans online, 24 hours a day, with supporting documents faxed to the lending company. The loan amount is transferred by a direct deposit into the borrower’s checking account and on the due date the loan and fee amount are withdrawn electronically.
  • Payday loans are for such short periods of time that many borrowers are not able to repay the debt and must roll it forward. Annual percentage rates on these loans work out to 300%-500% or more, and payday loans can be a short-term solution to what may be long-term financial problems, Consumer advocates allege that a few payday loan companies have used unscrupulous, unethical and even illegal means to collect unpaid loan amounts.
  • The Center for Responsible Lending charges that payday loans lock borrowers into a debt trap[2 ]. The center provides an example[3 ] of a consumer who borrows $300 with a $50 fee and rolls the loan forward nine times (the average per year per borrower), paying $450 in fees while still owing the original $300 loan amount. However, the Community Financial Services Association, a trade organization that represents the interests of the payday lending companies, asserts that such charges are myths.
  • Payday loans or paycheck advances are illegal in some states, and other states limit the maximum loan amount. summarizes payday loan regulations[4 ] by state.

Related Costs: Line of Credit. Credit Card. Credit Report

Additional costs:

  • If a borrower doesn’t have enough money in his or her checking account when the lender deposits the personal check, the borrower will be charged bounced check fees (typically $20-$40 per check) by the bank and by the payday lending company.

Shopping for a payday loan:

  • Payday loan and paycheck advance companies advertise heavily in all media — radio, television and online. If a payday loan appears to be the best way to cope with unexpected expenses, Community Financial Services Association of America[5 ]. the payday lending organization, suggests choosing a lender who follows its code of best lending practices[6 ] .
  • The Consumer Federation of America offers consumer help[7 ]. suggesting ways to cope with a cash-flow gap[8 ] without borrowing.

What People Are Paying – Recent Comments

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Consolidated loans #payday #loans #no #credit #check #no #employment #verification

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Contact the Federal Direct Consolidation Loans Information Center, if you’re applying for a Direct Consolidation Loan. You can reach them or the web or by calling 1-800-557-7392. TDD users may call 1-800-557-7395.

When you have more than one student loan, you may elect to combine them into one consolidated loan, which may create more favorable terms and simplify repayment, benefitting both you, the borrower, and the lending agency. There are different types of consolidation loans, based on what loans you want to consolidate, and various other conditions.

  • The Federal Family Education Loan (FFEL) program, an income-sensitive plan
  • Ford Federal Direct Consolidation Loan Program (Direct Loan program), an income-contingent plan

Under either of these programs, a borrower s loans are paid in full and a new consolidated loan is created, in the amount of the combined total of the previous loans. The new consolidated loan streamlines repayment by eliminating different terms, repayment schedules, or lenders. There are numerous other differences between the FFEL and the Direct Loan consolidation program.

Federal Direct Consolidation Loans

Look carefully at the consolidation loan details on the Federal Direct Consolidation Loans Information Center website of the U.S. Department of Education to make sure you are selecting a consolidation loan that serves your best interests.

Eligible loan programs

If you have University-administered, private, or state of Minnesota loans, take a close look at the One Stop’s Eligible loan programs . Not all loans are eligible for consolidation under all federal programs.

Consollo Guarantor Loans Home #real #estate #loans

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Representative XX % APR Apply Now!

What is a Guarantor Loan?

A guarantor loan is a specialist product designed for those with poor credit ratings to help get themselves out of debt. It’s just like any other loan, except the difference is that Consollo will overlook a poor credit score, as long as you have a guarantor who will vouch for you, and, should you miss any repayments, will cover the cost themselves. This guarantor could be a family member, a friend, a neighbour or a colleague. It really doesn’t matter as long as they believe that you can make the repayments.

How Can Consollo Help You?

If you’re constantly borrowing from payday lenders, the interest will quickly rack up and you may find yourself in an awkward position. With Consollo, you can consolidate those loans by borrowing between £1,000 and £7,500 and repay over a period of between one and five years.

We know that when it comes to money, not everyone fits the same mould. A low credit score can mean that you won’t be considered for a loan, no exceptions, until now. We are happy to overlook your credit score as long as you can provide a guarantor – someone to ensure that you can make the repayments, and, should you not be able to repay, will make the payments on your behalf.

What’s even better, is that apart from getting the loan you need, your repayments will also help to build your credit score, and leave you in a better financial position once the guarantor loan has been paid off.

So if you’ve been rejected by other loan companies, don’t give up. We don’t judge you based on what a computer says. Our decisions are made by people, and if we feel that we can trust you and your guarantor to pay us back, then we’ll happily give you a chance.

Consolidation of soil #bank #loans #calculator


Consolidation of soil

I talked about compaction of soil and how removal of the air voids in the soil makes it more dense. Consolidation is the removal of water from soil. In other words, it is the squeezing out of water from the soil to make it more dense.

In case of coarse grained soils like sands and gravels, the removal of this pore water is easy since water freely moves from one region to another within these soil types. However, in case of fine grained soils like silty or clayey soils, consolidation is a time consuming process.

As an analogy, consider soil mass to be like a sponge that is slightly wet. If we press the sponge, it will deform by compressing the air out of it. If we squeeze it further, water will be removed and the sponge will be compressed further. If the sponge (soil mass) is completely wet or soaked, it is termed as saturated. This is the condition when all voids are filled with water and no air voids exist.

In case of fine grained soil on which a structure is to be built, high water content is not desired as the weight of the structure may cause sinking (consolidation settlement) of the structure in due time. Typically the permeability (ability of water to move through the soil voids) of fine grained soils is low, hence it takes a long time for consolidation process. So two aspects of consolidation settlement are important: the rate at which the consolidation is taking place and the total amount of consolidation.

It is very important to note that unlike settlement in sands and other coarse grained soil, consolidation settlement of fine grained soil does not occur immediately. Hence, it is common practice to ensure that the consolidation process is expedited and that most of the consolidation takes place during the various phases of construction.

If the soil is such that it has never experienced pressure of the current magnitude in its entire history, it is called a normally loaded soil. The soil is called pre-consolidated (or over-consolidated) if at any time in history, it has been subjected to a pressure equal to or greater than the current pressure applied to it. In case of normally consolidated soils, the consolidation will be greater than that for a pre-consolidated soil. That is because the pre-consolidated soil has previously experienced greater or equal pressure and has undergone at least some consolidation under that pressure. So a pre-consolidated soil is preferred over a normally consolidated soil.

The rate at which consolidation will take place, will depend on the nature of soil, the degree of saturation (how many percent voids are filled will water), the amount and nature of the load on the soil, the soil history (normally or over -consolidated), etc.

Copyright Kshitija Nadgouda.

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Consolidation Loans

Apply for a quick consolidation ,loan in 60 seconds. Yes you can now apply for a consolidation loan in 3 easy steps

The definition of a consolidation loans is to take out loans to the value of all your small loans or debt settling amounts and consolidate all of them. In return you only have one premium to repay with one loans interest and fees.

With the cost of living or even surviving increasing every day, more and more people end up being over-indebted, creating a situation where they go under debt review, obtain Bad Credit Records or in some cases be on ITC.

In which case turning to a consolidation loan is the next best option. By taking out one loan and settling all your small loans and debt and creating only one loan installment. By doing this you are ensuring you do not pay more than you have to on interest rates and reduce all of the overall fees payable, this will also in return assist you in ensuring you don’t miss a payment as it is only one debit instead of a few. This way you can save money and have more cash available at the end of the month. Eliminating those unexpected expenses that is caused by private loans and other debt such as admin fees and interest rates changing .

Consolidation Loans for People with Bad Credit

Setting up and sticking to a monthly budget is becoming more and more difficult for households with the current economic standing and every day more and more people are turning to cash loans and credit services to assist them with their day to day expenses such as to buy food and clothes which can so easily spin out of control and then people end up making more debt to pay of other debt. Before they know it they are under debt review or the owner of a bad credit record or even placed on ITC, which is then very difficult to have removed from their names. This is a vicious cycle that people slide into very easily and it is most definitely not very easy to find your way back to making your monthly income and finances work for you.

Consolidating your debt involves a person requesting and getting settlement amounts for all his/her current debt and going to a licensed financial institution and applying for a loan to the value of all his/her outstanding loans and debt and if he/she receives approval that amount is to be taken to all companies he/she has loan funds from and settling all that debt and only repaying one loan with one installment, one debits bank fees and one loans interest rate, ensuring you do not have unexpected expenses and that you are overpaying on loans.

The Consolidation loan mostly consist of consolidating all unsecure loans but in some instances it can involve the loan being secured against an asset such as a vehicle or a house which in return serves as collateral for you to obtain a bigger loan amount where necessary. This is mostly the case when you have a really large sum that you are applying for. Providing collateral will insure the financial institution that they will be receiving their monthly payments and if you are unable to pay they can repossess the item that you have provided as collateral, sell it and in such a way still receive the funds owed to them. Also if you can provide collateral such as land or a house your interest rate might also be much lower but only in some instances and it also depends on the financial institution.

Consolidation of loans is most definitely advisable when it comes to credit card debt. Some households have more than one credit card and some of them might already have been maxed out and because of that households struggle to make payments and fall into the debt trap and in such a way that it creates a bad credit record. In these cases getting a such a loan comes highly recommended, as this will assist in clearing the credit cards of all outstanding credit and the card holders name at the same time and therefore giving the credit card holder a much better credit score. Also the interest on credit cards are known to be much higher than on most small loans and accounts and therefore the premiums are also much higher and do the loans/ accounts take much longer to finish paying off. The same applies to student loans. The repayment structure may vary but in the end most of the installments are also much higher and are paid off over a very long period of time.

Read more about our low interest personal loans . If you have two or more vehicles and you qualify for the full amount to settle all the financing then you can finish paying off the vehicles at a much lower interest rate and with just one premium. This is a great way also for a company to make their debit orders and repayments less. In these cases the financial institution will require collateral to be provided by the client or the company as the amount of the loan would be much larger than the normal loan amounts.

Current research has been done and shows that there is only 11% of the population that is taking advantage of this very effective and smart opportunity/way to manage all their debt.

As with any loan you take out at financial institutions, there are positive points and negative points. In the case of loan consolidation there is more positive points than negative points. There are mainly two positive points, one being you will end up having only one premium to pay monthly instead of five or six and the other being that you save money every month by not paying fees on four or five loans but only paying fees of one loan and by receiving a much better interest rate to suit your pocket. This way you will save so much more and be able to get a hold on your financial situation. The negative would be that you fall back into the debt cycle by miss managing your finances. Once you have consolidated all your outstanding accounts and loans and placed yourself in a better financial situation, you should try your best to constrain yourself from making any further debt as this will defeat the object of consolidating all you debt and loans.

Some financial institutions have the ability to provide consolidations loans for people with bad credit records. These financial institutions have seen that there is a need for theses type of loans for people with bad credit records, as they only need one loan to give them the opportunity to regain full control of their financial situations. With the current economic situations people mainly do not have bad credit records because of bad financial management, but because the cost of living has raised so immensely and they are forced to pay their debt selectively. Should you be able to receive a consolidation loan from one of these financial institutions, it would give you the opportunity to change the status of your credit record from bad to good. Making the financial future for you and your family much easier.

For some people it was impossible to receive a consolidated loan because they are on ITC, but no more. There is now a few financial institutions that have the ability to provide clients with consolidation loans. Being on ITC does not necessarily mean that a client managed their funds badly, clients can be on ITC because of faulty debit orders or misunderstandings between product providers and clients. Once you are on ITC it is very difficult to get the listing removed, but depending on the situation and actions leading to that, some financial institution might just be able to assist you. Therefore it is now possible to apply for a consolidation loan .

Go to all of your debt institutions and request the settlement amounts to be supplied to you in writing. In some cases the financial institution you are applying with can request the settlement amounts on your behalf and pay it for you. In return they have the ability to get a better settlement rate. This loan needs to display the following details for you to be able to make a sound decision: all costs that are involved in the loan, each and every possible cent you will be repaying needs to be indicated on the quotation, All administrative fees need to be clearly indicated and what these administrative fees entail, if there is any insurance involved then all details regarding the insurance needs to be displayed, with every loan where there is interest applicable, make sure your quote shows the exact interest rate that you will be repaying. By getting all this information you will know which financial institution is the perfect one for you.

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Payday Loan Debt Settlement

You are here because you pushed the button for payday loan debt settlement. That’s great! We hope we can help! Payday loans are extremely popular in America today for a number of reasons: they are quick, they don’t require a credit check, and they can be acquired online. For as efficient and useful as they may seem, they can also lead to a slippery slope of unwanted debt. If the debtor pays the loan back late or misses the due date altogether the penalties and fees can be detrimental.

There are programs like payday loan consolidation (also known as payday loan settlement) that are designed to reduce the amount of payday loans you have to a more realistic amount that will fit your particular income level. The process is simple: once you select a payday loan settlement company they will go over the fees with you and find a monthly amount that you can pay into a new savings account that they will open in your name. You will deposit a certain amount into that account each month, and when it reaches a set level your payday loan settlement company will begin negotiating settlements with your creditors.

The payday loan consolidation company will aim to reduce your balance with your creditor in order to “settle” the account. Once they have agreed upon a settlement amount the payday consolidation company will begin to pay the creditor with the money you have deposited into the new savings account. Once the creditor has received the funds they will mark the account as settled and report it to the credit bureaus as such. This process can take anywhere from 6-18 months depending on the amount of debt you have and the amount of money you can deposit into the savings account each month.

Like we mentioned earlier payday loans can be extremely efficient. However, if you are thinking about applying for a payday loan make sure you know what you are getting into. In some cases payday loan companies charge up to 400% interest on loans that are not paid off on time. Just make sure to read the fine print before signing up for any payday loan, and do not take one out if you don’t think you can pay it off with your next paycheck. Once those penalties and fees hit they continue to accrue each day and can quickly become a mountain of debt.

How will you ever know if it is really time for you to start searching for payday loan help? Here are a few signs you can look for:

  1. You get a phone call, email, or letter from a payday loan company everyday requesting payment from you.
  2. Your wages are being garnished by a payday loan company
  3. You have been summoned to court by a payday loan company

If you are dealing with any of these 3 scenarios it may be time to consider finding payday loan help. Fill out our online evaluation or call our toll free number for more information today!

Payday Loan Consolidation Companies

If you have decided that you do need payday loan help then the next step is finding the right payday loan consolidation company for your situation. A good payday loan settlement company will provide you with a few things up front such as a standard timeline of how long they anticipate your settlement will take, how much they think they can reduce your balances by, and how much their fee will be. If you are not given this information then there may be a reason to be wary. Don’t hesitate to ask questions! Your knowledge of the process will help you stay confident and stress free for the duration. Payday loan consolidation companies have the same goal as you: reduce the overall debt.

Payday Loan Debt Assistance

If you are dealing with payday loan debt amounts that seem like something you will not be able overcome alone do not wait to seek out assistance. You are not alone, thousands of people each day are struggling with payday loan debt and are asking for help. Payday loan debt settlement companies can be extremely beneficial if the debtor is proactive and committed to getting out of debt. Fill out our no obligation evaluation to see how payday loan debt consolidation could help you or call our toll free number and speak with a representative if you have specific questions.

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  • I got more our of this program than I ever expected and would recommend it to anyone facing a similar challenge and needs personalized and professional attention. SGF achieved results I never thought possible. For that I am very thankful. Kenneth C. – Graduated Client
  • Since enrolling in the payday loan consolidation program. I have successfully, with SGF representatives help paid all off all of my payday loan debt accounts. I never would have been able to do this on my own and with my limited knowledge of how payday lenders operate. John W. – Graduated Client

Payday Loan Consolidation Program

Act now by calling 1-877-785-7817 and see how you can save up to 50% on your our current Payday Loan Consolidation Program.

Solid Ground Financial is committed to getting you out of Payday Loan debt. Our Payday Loan Consolidation program can Consolidate your Pay Day Loans into one monthly payment and be debt free in as little as seven months! Call now.

Our professional team can help save your hard-earned money by reducing the amount you are paying every month. Let us help stop the interest fees from adding up and give you the opportunity to regain finanical stability.

Call us toll free at 1-877-785-7817 or fill out our simple Free Consultation form above so that we can start helping you immediately to free yourself from the burden of the Payday Loan Debt Cycle! Get the Payday Loan hHelp you deserve today!

Results may vary on a case by case basis.

Program Benefits
    Reduce Payments By As Much As 60%! Stop Debt Collection Calls Eliminate PayDay Loan Debt Fast Significant Reduction In Interest Rate Consolidate To One Easy Monthly Payment

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At Nationwide Bank, our goal is to help you make the most of your money. We’re here to help you pay less on what you borrow with a loan rate that fits your financing needs.

Whether you’re applying for a mortgage loan or you’re looking for financing to purchase a car, boat, motorcycle or RV, we have the bank loan rates that fit your budget.


APR subject to change. Fixed rate terms up to 48 months require a minimum amount financed of $50,000 to obtain the lowest APR. Fixed rate terms of 60 months and beyond require an amount financed between $25,000 and $49,999.99 to qualify for the lowest rate. See below for payment examples. APRs shown assume excellent borrower credit and a 1% discount for automatic ACH payments. Rates will be 1% higher if automatic payments are not selected or cancelled after loan closing. Loan is subject to approval. Additional terms and conditions may apply.

Payment examples: A 48 month loan for $50,000 at 3.58% APR would have 48 monthly payments of $1,119.58. A 60 month loan for $25,000 at 2.99% would have 60 monthly payments of $449.11.

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Data Sources

*Disclaimer: We strive to keep the information provided here accurate and up to date, however we cannot make warranties regarding the accuracy of our information. Please verify FDIC Insurance status, loan information, and interest rates during the application process. Please note that FindTheBest has financial relationships with some of the merchants mentioned here. Direct links are provided for your convenience, but FindTheBest may be compensated if consumers choose to utilize those links and generate sales for that merchant.

Core banking services, such as checking and savings accounts, make up the central hub of personal finance, but most banks also provide a comprehensive array of additional services. By meeting the financial needs of their customers, banks create lasting relationships with them that can offer cost savings and added convenience. However, the relationship with a bank can be difficult to end once it’s formed, so it’s important to choose carefully. The key is to figure out what you need and work on finding the perfect fit for you. Here are some important things to keep in mind as you look for a bank.

Traditional Branch-Based vs. Exclusively Online Banks

First determine whether you would prefer using a traditional bank or an online bank. Large traditional banks are likely to have hundreds or even thousands of branches located around the world, which is beneficial for frequent travelers. Branch-based banks also offer a higher level of personal customer service that is attractive to many consumers. You may enjoy having the ability to walk into a branch and meet with a representative in person when you have a problem or need to carry out a transaction. Most branch banks offer online services in addition to those offered by physical branches, although those offered by smaller banks may be less advanced or comprehensive than their larger or online counterparts. If you decide to choose an exclusively-online bank, your accounts will only be available online or over the phone. This may be discomforting to some consumers, but there are various benefits to choosing online banking. Since online banks do not have to deal with maintaining numerous physical branches, they are able to pass the savings on to you in the form of higher interest rates and lower account fees. Most online banks are also open 24/7, providing you with real-time access to your accounts from anywhere at any time. Bear in mind that online banks are completely dependent on technology, so if your computer or Internet connection goes down, you will not have access to your accounts until the technical problems are fixed. Also, if you’re thinking about an online bank, ensure that it allows you to pay for daily expenses with a debit card and that it provides access to ATMs in your area.

How to Choose the Right Bank for You

Once you have narrowed your options to either traditional banks or online banks, consider the following criteria:

  • Fees. Bank fees often depend on your banking habits and behavior, so be aware of these habits while comparing banks. For instance, you will need to be aware of fees related to minimum balances, overdraft fees, fees for balance transfers, and charges for using other banks’ ATMs. Remember, banks like to collect fees from their customers, so be sure to read the fine print.
  • Accounts Available. It is critical to see if the bank offers the types of accounts you need. The two most common accounts offered are checking and savings. A checking account is where you keep most of your funds. Checking accounts typically provide you with a debit card, the ability to write checks, automatic deposit, and the option to transfer funds to other accounts within the bank and to an external bank. Online automatic bill payment plans may also be available, especially with the larger banks and online banks. A savings account is where you store your emergency funds. Since the money in a savings account is intended to stay put, you don’t need to worry as much about accessibility issues. In fact, most savings accounts limit the number of withdrawals you can make each month. These accounts typically offer a higher interest rate than standard checking accounts. For convenience and potential savings, you may want to consider using the same bank for multiple accounts.
  • Interest Rates. An additional element to consider is the amount of interest you can earn. Ideally, you are looking to generate high-interest income through saving accounts and certificates of deposit; however, you may have to give up other benefits to find a bank with good interest rates. For example, a bank may have the best customer service in the area, but if the interest rates are really low, then you may want to pass to find a better deal. Similarly, you might consider putting up with additional restrictions if it means you can earn a maximum level of interest on your deposits. That said, make sure that you won’t incur extra fees by tolerating restrictions. Depending on your account balance, fees can quickly negate the amount of interest you’re likely to earn.
  • Services. It is best to choose a bank that is readily accessible, whether it is on the phone or in person. If you choose a traditional bank, check the hours of operation, branch and ATM locations, and types of support available. If you are banking with an online bank or one that you cannot easily access, then the customer service options available to you will be crucial. In addition to evaluating the quality of customer service, it is important to know if a bank offers the services you need. If you’re tech-savvy, you may want to choose the bank with the best electronic banking services. These services let you check your account balances online, arrange transfers, view checks you have written, automatically pay bills, and more. Some banks will also give you the option of having electronic bank statements, where you receive a monthly email with a link to your statement. Other services may include direct deposit, cashier’s checks, and wire transfers.
  • Financial Products. There are two primary types of financial products available from most banks: loans and income generating assets. Many banks will provide car loans, student loans, home mortgage loans, and home equity loans for those who qualify. Check for low interest rates, origination fees, prepayment penalties, and any closing costs before accepting a loan. It is also important to consider the various loan terms and how they fit your needs. If you’re searching for low-risk investments, see if the bank offers certificates of deposits (CDs).

  • Consolidate Loans Meaning #203k #loan

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    Loan Consolidation

    About Federal Student Loans

    If you make more than one monthly student loan payment, you may find life easier with one affordable payment. A Direct Consolidation Loan brings all of your federal student loans together with a fixed interest rate. The rate is determined as an average of the loan rates that are being consolidated (rounded up to the nearest one-eighth percent).

    Consolidation gives you up to 30 years to repay your loan, depending on your loan balance. Though increasing the repayment period also increases the total amount of interest you will pay over time, you can always pay more than the minimum due with no penalty.

    Most federal student loans, including subsidized and unsubsidized Direct and Family Federal Education Loan Program (FFELP) Stafford and PLUS loans, are eligible for consolidation. Private education loans are unfortunately not eligible to be consolidated.

    If you have any questions about consolidation or need assistance, please call us at 866.426.6765.

    How to Apply

    Apply online for a Direct Consolidation Loan here. You will need your PIN, which you can get at You can choose your servicer and your application will be forwarded to your new servicer for processing. The consolidation process will take approximately 30 days after your application is received.

    Once your Direct Consolidation Loan is completed, the servicer you have chosen will provide your customer service—answer your questions, discuss your repayment options, and process your payments.

    Adding Loans to Your Direct Consolidation Loan

    After your new Direct Consolidation Loan is complete, you still have the opportunity to add additional eligible loans. If you would like to add other eligible loans, your servicer must receive your Request to Add Loans Form within 180 days from the date your Direct Consolidation Loan is completed (originated). Please note that if you have more than six loans to add to your consolidation loan, you will need to submit more than one Request to Add Loans Form.

    If your Direct Consolidation Loan is serviced by Nelnet, you may request to add other eligible loans to it by completing this form and mailing it to:

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    Compare Rates on Car Loans

    There is a method to buying a new vehicle, and this includes such things as price, color, budget, warranty, and other considerations that are most important in the potential purchaser’s mind. But the place that really needs to be considered first of all is the financial area, because without this vital item, the chances of purchasing that new vehicle would probably only be a dream for many people desiring some new transportation. There are a number of ways in which to address this aspect of a new car purchase, but rest assured, without taking the proper time and due diligence to investigate the various aspects of car financing, many shoppers are left confused after sitting down with the financial people at the auto dealership.

    This untimely mess doesn’t have to be a part of the purchase agreement if the right steps are taken before the process of searching for a new car even begins. Consumers in the know will start off by locating a fair number of auto financing institutions, and try to get pre-qualified for a car loan before even going to a dealership to look for a new ride. Although many individuals have a good credit rating and can get auto financing through the financial services at the dealership, there are times when this might not be good enough, or the deal is not the same type as available through a third party. The possibility also exists that the loan application may be turned down without the proper authorization, so that is another good reason for going the extra mile first.

    Usually people with a good credit history will have no trouble getting an auto loan approved by almost any lender. There is built-in equity with every car that provides some type of insurance in case a problem arises when paying off the loan itself. For those individuals with a poor credit rating however, they are likely faced with the possibility of a higher interest rate for their loan application, because lending institutions consider them a poor risk, and likely to default on the agreement. Consumers in this situation sometimes have little choice but to agree to this type of financing if they need to purchase a new vehicle. It really doesn’t matter a great deal to the high risk group, but it is important to try and obtain financing through another party other than that of the auto dealership, because then there are other options available, and the best rate most likely will be garnered.

    With the growth of online technology, many lenders are now establishing themselves as a major broker for these types of services, and they make it easy for any individual to apply for auto financing right from the comfort of their armchair. It is important to have all of the proper paperwork ready to input, because this help to verify the proper credit rating, and will quickly indicate what types of plans are available for the particular vehicle under consideration. When this process is completed, there will be a set amount of money offered, which will give a consumer the starting point to begin looking for a new car.

    The very best way to get financing for an automobile is to go through the pre-qualification process through any number of lenders, both online and off. The online route has its advantage because there is no need to go from place to place in search of the best deal that is available. It can all be done right from the computer, and those individuals with a good credit rating have a wide variety of choices from which to select the best deal.

    This entire process starts by first going to the bank or credit union to be used for financing. Many times consumers can get a much better deal than through financial firms that specialize in the area of new car loans. It is easy to get started, and with information from a past lender, it is simple to get approval based upon past history of successful repayment of another loan.

    For those people with a poor credit history, it is still possible to get the pre-qualification status from a sub prime lender. This can be done online or through a broker. The pre-qualification process is the same as any other loan. The only difference is the personal information supplied by the consumer is the basis for the process. An offer is extended if successful.

    An official application then follows that step. After the application is verified, and proof of income established, the loan itself is either accepted or rejected.

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    Best Student Loan Comparison Sites

    The most useful student loan comparison sites need to satisfy the following minimal standards:

  • Present consumers with actual interest rates and fees. not just the best advertised rates or average interest rates. This will ensure that consumers are making comparisons based on relevant information.

  • Include a critical mass of lenders sufficient to ensure that the borrower has a reasonable chance of obtaining a rate that is close to the best rate the borrower could find on his or her own.

  • Minimize the impact on the prospective borrower’s credit score. Each credit inquiry for student loans results in up to a 5-point hit to the borrower’s credit score. More than three or four such inquiries are likely to shift the borrower from one credit tier to the next, increasing their costs.

  • The presentation of information must be based solely on the prospective borrower’s best interests. In particular, the initial sorting of results must be based on the total cost of the loan. including interest rates and fees, not paid placement or other criteria.

  • The lender listings must provide sufficient information about the loans to permit the prospective borrower to make an informed decision.

  • The sites must provide clear disclosures regarding any potential or actual biases. In particular, the comparison tools should disclose whether the lenders provide any payment for inclusion in the loan comparison tool and whether the payments influence the ranking of the loan product comparisons.

  • The comparison site should provide sufficient contact information for the lender, such as telephone numbers and web links, to permit the prospective borrower to apply for the loan.

  • Prospective borrowers should not be charged any fees for using the comparison site.

  • Loan comparison sites should recommend, in a clear and conspicuous fashion, that prospective borrowers should borrow federal first before relying on any private student loans.
  • To date, none of the loan comparison sites satisfy all of these standards, although all satisfy some of them.

    Student Loan Comparison Sites (Live)

    The following student loan comparison sites are live and list more than one lender. The student loan marketplaces built by Overture Technologies have been listed first because they come closest to satisfying all of FinAid’s criteria. The other student loan marketplaces are listed in alphabetical order. Overture Technologies also operates a student loan marketplace under its own brand for students in other states, the Overture Student Loan Marketplace.

    ElmSelect is a school-specific tool that lists the college’s preferred lender list. The loan comparison information does not include repayment examples and is unstructured, without consistent information about all lenders. It also does not adequately distinguish between federal and private loans.

    Graduate Leverage offers a loan comparison tool called Insight that ranks FFELP lenders according to “effective APR”, which takes into account the industry-wide or school-specific likelihood of qualifying for a loan discount. They provide comparisons for Stafford, PLUS, consolidation and private student loans. Their undergraduate site is called Collegiate Leverage.

    SimpleTuition offers loan comparison tools for Stafford, PLUS, Consolidation and Private education loans. The private student loans include both school-certified and non-school-certified loans. The results are initially in random order, but with the paid placement lenders (“Simple Tuition Partners”) listed first. Prospective borrowers may have to take an action to see an expanded list of lenders or to sort the loans. Ranking by cost is based on best advertised rates, not actual rates.

    Student Lending Analytics provides star ratings for private student loans for undergraduate students. They do not receive any compensation from lenders for the ratings or referrals.

    Student Loan Network provides a list of six private student loan programs without any analytical comparison of the loan programs. The comparison chart does not list interest rates side-by-side or provide any kind of feature-by-feature comparison.

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    Compare Personal Loans

    Low APR Personal Loans from £500 – £100 000

    Comprehensive search of UK Personal and Homeowner Loans. Access to the UK’s leading loan providers with no obligation to accept any offer made. Find out if you are eligible for an any purpose loan. simply choose your product below for a free quotation.

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    Comprehensive search of UK Personal and Homeowner Loans. Access to the UK’s leading loan providers with no obligation to accept any offer made. Find out if you are eligible for an any purpose loan. simply choose your product above for a free quotation.

    Looking for cheap Personal Loans?

    It’s difficult to know where to find the best personal loans as the personal loan market is so competitive. MoneyExpert searches the whole market to find the best personal loan for you – saving you time and money by doing all the hard work. View our personal loan comparison tables letting you see the rates, monthly payments and total payable on all personal loans, whether from banks or non traditional brands such as supermarkets, all providers are listed.

    In only a few short minutes you can compare and apply – it really is that simple. MoneyExpert is a free, no obligation service that is quick and easy to use that provides personal loan comparison in minutes without carrying out any credit checks..

    Are you confused about which personal loan is right for you? Are you unsure whether a secured or unsecured loan would best suit your requirements and circumstances? We can introduce you to a loan broker and they will go through your circumstances with you and provide advice on the best loan for you. They may even be able to contact your preferred personal loan provider and negotiate a discount. Personal loans for any value or purpose can be found with MoneyExpert’s easy to use comparison service. It’s quick, easy, free and there are no credit checks or obligation to purchase… why not give us a try today?

    After a personal loan with the lowest rates possible? We can help you find a personal loan whether it’s for a new car, holiday or consolidation of debts. Whatever your circumstances and for whatever the value or purpose you need the loan we can help. Tenant, homeowner or requiring a bad credit loan can help you find a cheap personal loan. Our personal loan comparison is free, fast, easy and comes with no credit checks. or obligations to purchase. Compare all personal loans and apply within minutes and even receive advice on the cheapest loan for you.

    Our top deals are all loans that you can apply for through Money Expert. Where a company has more than one loan with the same features or interest rate, we reserve the right to remove the duplicate from the results to give you a wider view of the market

    Personal Loans News

      29 Oct 2015

    One of the biggest payday lenders in the country will give back £15.4m to nearly 150,000 customers after they were looked into by the Financial Conduct Authority.

    Soon, psychometric personality tests could be added to the myriad ways in which lenders assess the eligibility of potential borrowers in the future.

    With the new registration date fast approaching and car buyers on the lookout for the best deals, Clydesdale and Yorkshire Banks’ lowest ever loan rates could help ease the financial pressure.

    7 Aug 2015

    Lloyds bank has released results of its latest survey and it suggests that most people who are applying for personal loans are either using them for debt consolidation or to purchase things such as bikes or cars.

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    Companies that Own and Manage Payday Lending and Check Cashing Stores to Settle FTC Charges That They Tossed Sensitive Consumer Data into Trash Dumpsters #calculate #car #loan

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    Companies that Own and Manage Payday Lending and Check Cashing Stores to Settle FTC Charges That They Tossed Sensitive Consumer Data into Trash Dumpsters

    Will Pay $101,500 Civil Penalty


    A company that provides management services to more than 300 payday loan and check cashing stores, and an affiliated company that owns and operates several stores, will pay $101,500 to settle Federal Trade Commission charges that they violated federal law by allowing sensitive consumer information to be tossed into trash dumpsters.

    The FTC charged that PLS Financial Services, Inc. and The Payday Loan Store of Illinois, Inc. failed to take reasonable measures to protect consumer information, resulting in the disposal of documents containing sensitive personal identifying information – including Social Security numbers, employment information, loan applications, bank account information, and credit reports – in unsecured dumpsters near several PLS Loan Stores or PLS Check Cashers locations.  PLS Group, Inc. which owns PLS Financial Services and The Payday Loan Store of Illinois, was also named in the complaint.

    According to the complaint filed by the FTC, PLS Financial Services and The Payday Loan Store of Illinois violated the FTC’s Disposal Rule by failing to take reasonable steps to protect against unauthorized access to consumer information in the disposal of credit reports.  They also allegedly violated the Gramm-Leach-Bliley Safeguards Rule and Privacy Rule, which require financial institutions to develop and use safeguards to protect consumer information, and deliver privacy notices to consumers.  Further, the FTC charged that all three defendants violated the FTC Act by misrepresenting that they had implemented reasonable measures to protect sensitive consumer information.

    This is the third time the FTC has charged a violation of the Disposal Rule, which requires that companies dispose of credit reports and information derived from them in a safe and secure manner.

    According to the FTC complaint, PLS Group owns approximately two dozen operating companies, such as The Payday Loan Store of Illinois, that in turn own and operate more than 300 retail stores in nine states under the names PLS Loan Stores and PLS Check Cashers.  These stores offer a variety of products and services, including payday loans, check cashing, automobile title loans, debit cards, phone cards, and notary services.  PLS Financial Services provides management services to the PLS Loan Stores and PLS Check Cashers locations, including establishing their policies and procedures for the handling and disposal of consumer financial information.

    In addition to the $101,500 civil penalty imposed on PLS Financial Services and the Payday Loan Store of Illinois for violation of the Disposal Rule, the settlement bars all of the companies from violating the Disposal, Safeguards and Privacy Rules and from misrepresenting the extent to which they maintain and protect the privacy and integrity of personal information.  The order also requires that the companies implement and maintain a data security program with independent third-party audits every other year for the next 20 years.  It also contains certain bookkeeping and record keeping provisions to allow the Commission to monitor compliance with its order.

    The Commission vote to approve the proposed consent decree was 5-0.  The Department of Justice filed the proposed consent decree on behalf of the Commission in the U.S. District Court for the Northern District of Illinois.  It was signed by the judge and entered by the court on November 1, 2012.

    NOTE:  This consent judgment is for settlement purposes only and does not constitute an admission by the defendant that the law has been violated.  Consent judgments have the force of law when approved and signed by the District Court judge.

    The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them. To file a complaint in English or Spanish, visit the FTC’s online Complaint Assistant or call

    1-877-FTC-HELP (1-877-382-4357). The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 2,000 civil and criminal law enforcement agencies in the U.S. and abroad. The FTC’s website provides free information on a variety of consumer topics .  Like the FTC on Facebook. follow us on Twitter. and subscribe to press releases for the latest FTC news and resources.

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    Compare Home Loans: Home Loan Comparison Guide

    Rates and Fees verified correct on November 18th, 2015

    Is your home loan costing you too much? Here is how you can find out.

    Comparing your home loan to others in the market is free and could save you thousands of dollars. A home is usually the most expensive asset you’ll own and the average home loan is taken out over as long as 30 years. Combine that with interest calculations and ongoing fees and you’ll find that you pay a significant amount of interest over the whole loan.

    Use our table below to compare home loans using interest rates, comparison rates, application and annual fees and the maximum amount you can borrow in relation to your property value. You can also type in the amount in the calculator at the top of the table to see what your monthly repayments would be. If you’d like to find out more about the loan, click the ‘More info’ button, otherwise you can enquire directly with the lender by clicking ‘Go to Site’.

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    Payment Options

    At SunTrust Mortgage, we have created several convenient avenues for handling your payments. The list below highlights the different ways you can make your monthly mortgage payment.

    1. U.S. Mail Postal Service

    • How it works: Pay via check and include the coupon from your monthly statement.
    • To use the service: Mail to the billing address on your monthly statement by the due date.
    • Cost: First Class Stamp.

    2. SurePay SM ACH Online Payment – Our most popular option

    • How it works: Authorize a recurring monthly debit 1 from your bank account.
    • To use the service: Log On to Your Account to sign up or complete and return the form on the back of your monthly statement.
    • Cost: Free

    3. ePay Electronic Bill Payment

    • How it works: Schedule a one-time payment online 1. at your convenience.
    • To use the service: Log On to Your Account to sign up. You’ll need to know your mortgage loan number and bank account number along with your routing and transit numbers.
    • Cost: Free

    4. SunTrust Bank Online Bill Pay (SunTrust checking customers only)

    • How it works: You have 24-hour access to your SunTrust account(s) from which you can pay all your bills electronically.
    • To use the service: Go to to sign up for SunTrust Online Banking and Bill Pay.
    • Cost: Free

    5. SpeedPay ®

    • How it works: Authorize a one-time draft 1 from your bank account to make a payment that’s processed and applied the same day (for payments made before 7:30pm EST).
    • To use the service: Log On to Your Account and click the “Pay My Bill” link in the left menu, then the “SpeedPay” link. Or you may contact a representative by calling 800.634.7928.
    • There is no charge for this service.

    6. The Bi-Weekly ® Mortgage Payment Plan


    1 Sufficient funds must be in your bank account at time of automatic debit.

    SunTrust Client Commitment: SunTrust will never send emails asking for personal or account information such as passwords, Social Security numbers, PINs, credit or Check Card numbers or other confidential information.

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    Car Finance Comparison

    Call one of our consultants today to discuss car finance comparison options. We have access to the most products in the market and are experts at recommending the best finance to suit your situation. When undertaking a car finance comparison we ll talk to you about the amount you wish to borrow, the rate at which you wish to pay back, your assets, credit history and any other factors that are important. We can then work with you to make the best decision on which financier and product is most appropriate for you.

    Compare Car Loans

    Give us a call today to compare car loans from a variety of options. We have relationships with financiers and are experts in helping you to compare and get approved on the following:

    Car Loans Comparison

    At Platinum Direct Finance, we work with a number of partners. This means that when you talk to one of our car loans comparison experts, you can be sure that with one call you re getting access to the widest range of finance and a comprehensive car loans comparison. Save yourself the hassle and headache of dealing with multiple touch-points. Our consultants are able to compare car loans from the following financiers:

    Would you like more information?

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    Compare loans quickly and easily

    Hunting around for a loan which is right for you can be a challenge, that’s where our easy to read best buy table can help. You can quickly compare information such as provider, product, representative APR, total amount repayable and monthly repayments to find the loan that’s right for you – it’s that easy! If you are a homeowner you may also wish to compare homeowner loans through us.

    For how long?

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    Personal and Homeowner loan

    Why choose a loan through compare the market .com ?

    We’ve tried to make it quick and easy for you to compare personal and homeowner loans to find the one which is right for you.

    It can sometimes be a bit of a challenge trying to understand all the terminology associated with loans and deciding which type you are looking for. We could help make it a little simpler and help demystify the types of loans out there for you.

    An unsecured loan, or personal loan as it is commonly known, is based only on your personal circumstances, such as how much you earn and your monthly outgoings.

    What is a homeowner loan?

    A homeowner loan is secured against your property, so that you must be a homeowner (either own outright or have a mortgage) to be eligible for this type of loan. It is worth being mindful that if you do not keep up your repayments then your property may be at risk with this type of loan.

    It’s important to remember every time you are refused an application for a loan it may impact your credit rating. It is advisable to only apply for the loans that you are confident of being accepted for.

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    Alternative Student Loans

    A Community First Exclusive!

    Still short on tuition funds after FAFSA, Federal Loans and Financial Aid? Community First’s Alternative Student Loan is designed to assist you in borrowing additional funds, at an affordable rate, to achieve your educational goals.

    Responsible: School certification of expenses helps to avoid over-borrowing for your education.

    Easy Disbursements: Tuition, room and board and meal plan expenses will be disbursed directly to your school to meet expenses. Excess funds will be refunded to you by the school.

    Deferred Payments: While in school at least half-time and for six months after leaving school.


    • Student must be a Community First member
    • Co-Signers/Co-Borrowers must be Community First members with an active checking account and full Direct Deposit
    • Student must be enrolled at least half-time at an Approved School


    Our specialized student loan application makes it easy to apply anytime from anywhere for both students and co-signers. Whether you are applying for the first time or a returning student borrower, please use our checklist to ensure you have the right information available to complete your application.

    Are you applying for the first time?

    • Both students and co-signers will be asked to create unique user names and passwords to complete your application now and to access the system for a loan request each subsequent academic year.

    Please note that this application process is separate from Online Banking and CFCU’s other online applications, so your Online Banking user name and password will not work.

  • Are you a Returning Student Borrower?
    • Login using the user name and password you set up previously.

  • Use our Application Checklist to gather the information you need to make completing your application easy!


    If you have questions regarding your application or loan status please call


    Can CFCU Finance My Federal Loans Too?

    Community First does not finance Federal Loans. Make sure to contact your school’s Financial Aid Office for more information on Federal Loans and other financial aid options.

    SunTrust Review 2016 #military #auto #loans

    #suntrust student loans

    SunTrust Review

    SunTrust bank is a lender that offers private student loan services to undergraduate and graduate students. The maximum loan limits for both the undergraduate and graduate loans offered by SunTrust are slightly lower than other college loan institutions. Yet, as private student loans are usually used in addition to federal student loans, the limits offered by SunTrust should be sufficient for most lending needs.

    Student loan companies typically offer consolidation loans; however, SunTrust doesn’t. Private consolidation loans bring together all student loan amounts, both private and federal, into a single loan amount. This singular payment is usually lower and has a more competitive interest rate than keeping student loans separated.

    Student loans are easy to get with this lender’s online application form. In addition to competitive interest rates for both its fixed-rate and variable-rate loans, SunTrust offers additional incentives to lower your overall APR. SunTrust has an early application incentive that can save you up to 0.75 percent off your APR if you file for a loan before the end of July of the year you are attending school. You can also get up to 1 percent off your APR when you graduate. SunTrust has one of the best rate-reduction incentives, offering up to 0.50 percent off your APR when you set up automatic monthly payments. All rate-reduction offers are subject to your credit worthiness and the basement APR offered by SunTrust.

    SunTrust provides student loans with a maximum 15-year term and a minimum seven-year term. If you have bad credit and need a cosigner to receive approval for a loan, you can later release them from your loan after you make 48 consecutive, on-time payments after your grace period has ended.

    The best student loan companies include detailed cost information. SunTrust has a cost calculator to help students and parents plan more effectively for college without overspending and increasing their total debt. SunTrust also has a scholarship-finding tool. This is a great resource for students to use in order to find alternative sources of income to pay for schooling.

    SunTrust offers a variety of help and support options that are standard in the college loan industry. An effective FAQs section on SunTrust’s website answers many of the common questions that borrowers have about college loans. This bank also offers phone and email support to help with more complicated questions. Unlike the best student loan companies, SunTrust doesn’t offer live chat support on its website.

    Commercial Mortgages #home #loans #calculator

    #commercial loan rates

    What is a Commercial mortgage?

    Commercial mortgages are used to buy business premises or to buy an existing business in its entirety.

    Lenders generally require a deposit of around 25%-40% of the total value and mortgage terms can run for one year, up to 40 years.

    Obtaining a commercial mortgage is based on the ability of your business to make the repayments. You will also find that lenders will assess your business before quoting you an interest rate.

    They generally look at past performance, the current position and long term future plans of the business. The interest rate you will be quoted may be based on these factors and may be higher if the underwriter identifies higher risk in the proposal. You may need to provide a detailed business plan which demonstrates that you can make repayments, and a professional valuation will usually be required.

    Our commercial mortgage best buys

    Our commercial mortgage best buys show a selection of the most competitive lenders operating in different lending sectors. It is usually the case that these lenders also consider other types of property (a lender which lends on garage showrooms may also lend on office buildings for instance), although you should note that the deposit you are required to provide may differ between lending sectors, so it’s always best to check the deposit you’d need for the type of business premises you have, or are considering.

    Speak to a commercial mortgage advisor

    Suntrust Student Loans, Online Suntrust Student Loans #cash #loans #no #credit #check

    #suntrust student loans

    Suntrust Student Loans

    Suntrust student loans are private student loans. They are designed for students who want to pursue undergraduate and graduate programs. A Suntrust student loan allows you to have money for tuition as well as other related expenses on easy terms and conditions.

    Featured Schools

    Types of Suntrust Student Loans

    Suntrust student loans include federal as well as private loans. You can apply for federal loans such as Stafford loans (Subsidized and Unsubsidized). The government is responsible for paying loan’s interest in subsidized loans while in case of unsubsidized loans the borrowers have to manage it themselves. Subsidized Stafford loans are granted on the basis of need; Unsubsidized Stafford Loans are not based on need. Student loans Suntrust also include PLUS Loans. These loans are meant for the parents of the students who need financial help to enable their children pursue their educational goals.

    Private Loans by this bank include options such as Academic Answer and Custom Choice Loan. The rate of interest of Academic Answer is variable. Custom Choice Loan, on the other hand, includes both fixed and variable interest rate.

    If you want to pursue undergraduate programs you can find suitable Suntrust student loans. To apply for these loans you need to be a U.S citizen. It is also important to be at least half time enrolled in a program. These loans are offered at affordable interest rates and do not have any charged fee; the interest rate is fixed. You can begin returning the borrowed money 6 months after graduating. These types of loans usually allow you to borrow up to $100,000.

    Suntrust Student Loans for Graduate Students

    Graduate students can also get Suntrust student loans. To apply for these loan programs, you need to be a U.S citizen other than being half time enrolled in an institute. You can usually get upto $ 150,000 in these programs; the repayment starts 6 months after graduation. You can repay the borrowed money usually over a period of 15 years in these Suntrust bank student loans.

    Commercial Business Loans #mortgage #calculators

    #small business loan

    Search Results For Business Loans

    Small Business Loan Report: You Have the Right to Remain Funded

    Hunting down hard-to-obtain business loans can be a challenge. View our Small Business Loans report to learn more about what s available.

    • By Editorial Staff
    • June 13, 2014 Whitepaper

    Getting By Without a Business Loan

    Bootstrap Your Small Business With These 5 Alternative Funding Methods

    Entrepreneur Funding: Business Loans, and More

    the wisest option is not to attach your personal assets as collateral, so consider your other options, including business loans, angel.

    How Lenders Use Personal Credit to Approve Small Business Loans

    Before the Business Loan: Questions That Must Be Asked

    Small Loans to Start or Grow a Business

    Need a small loan to start or expand a business — a so-called microloan? If so, there s good news. Despite what you might have read.

    6 Easy Ways to Improve Your Chances for a Small Business Loan

    Getting a small business loan is no easy matter these days. Robert Seiwert, an official with the American Bankers Association, offers.

    Is Finding a Business Loan a DIY Kind of Thing?

    College loan #personal #loan #bad #credit

    #college loan

    Financial Aid Loans

    Federal educational loans have significant advantages over consumer loans including low interest rates and favorable repayment terms. To be considered, you need to complete the Free Application for Federal Student Aid (FAFSA ) as well as any other documentation that may be requested by our office.

    North Central College participates in Direct Lending through the U.S. Dept. of Education for processing both Federal Direct and PLUS loans. With this program, the federal government provides funding and their servicing agency collects payment on the loans when they go into repayment.

    Federal Direct loans are awarded based on financial need and offered through the federal government’s program, Direct Lending.

    • Subsidized — Awarded to students with financial need. You’re not charged interest while registered as a student (at least half time). The federal government subsidizes or pays the interest during this period.
    • Unsubsidized — Awarded to students without financial need (you still must file for financial aid). You’re charged interest from the time the loan is disbursed until it’s paid in full. You may choose to pay the interest while in school, or if you don’t, the interest will accumulate and be added to the loan principal balance.

    Dependent Students*

    Coastal Carolina University – Private Loans #online #personal #loans

    #private loans

    Private Loans

    Private loans can only be used to pay for educational expenses, such as tuition and fees, room and board, books and supplies, and transportation. We strongly recommend that you begin by completing the Free Application for Federal Student Aid (FAFSA) and apply for a Stafford loan, then use private loans to complete your financial aid needs.

    • MUST be in the student’s name (Parents may cosign)
    • FAFSA not required, but highly recommended
    • Variable interest rate, adjusted quarterly. Fixed rate available also.
    • Any unpaid interest that accrues while the student is in school (and not making payments while in school) will be capitalized and added to the principal balance when the student enters repayment.
    • Private loans available with and without the half time requirement (at least 6 credit hours).
    • Undergraduates usually need a cosigner, preferably a parent or guardian.

    Please note: All private loans require you to complete a Self Certification form. This form must be completed and received by the lender before CCU will receive notice of your loan. Most lenders offer this form as part of the electronic application process.

    Classic Car Financing – How to Secure a Classic Car Loan #easy #cash #loans

    #classic car loans

    Classic Collector Car Financing

    So you have found the classic car of your dreams to buy, and you now need to get a loan for it. A classic car loan is not the same as a typical auto loan, and most conventional auto lenders do not deal with classic cars due to the difficulty of determining the true value of a classic car or collector car. I will go through the details of classic car loans, and how to apply for one.

    Advantages of using a specialty car lender

    Even if you find a general lender to finance your classic car, you may still want to look into a specialty lender for a few reasons.

    Specialty car lenders know about classic cars – most standard auto lenders use Kelley Blue Book or NADA price guides, and these guides just do not work with older collectibles, especially when it comes to restored cars, hot rods, etc. Using a specialty lender may considerably speed up the process, AND you may get a lower interest rate because they understand the true value of your purchase.

    Longer loan terms – Typical auto loans are three to five years, whereas specialty classic car loans can be up to 10 years. You will of course have a higher interest rate the longer your loan is, but the options may be there, unlike with a standard auto lender.

    Steps to apply for a classic car loan

    Your first step should be to check your credit score and make sure your credit is in decent shape. You should have no problems getting a loan if your credit score is above 700, and anything below 600 may make it difficult or nearly impossible to get a loan. Any recent bankruptcies or pending lawsuits will disqualify you as well.

    Generally you do not need to have the car you want to purchase found and ready to buy. Specialty classic car lenders know that you are looking for that car that fits you, whether it is a limited manufactured collectible, to a unique color or specific options of a car. You may have 30 to 60 days to find and purchase the car, but you can be prequalified before searching.

    You will probably need to have some money saved before getting a classic car loan. Most specialty auto lenders require a 20% down payment on the classic car, or 30% for a hot rod. The required down payment amount can go up or down depending on your credit score, so knowing this beforehand can be helpful.

    Make sure the seller has the title to the vehicle. Eight states do not issue titles for collectible cars, and this will make it nearly impossible to acquire a loan from ANY lender. If you have found a car before applying for a loan, you may want to get a photocopy of the title for the lender, which may speed up the approval process.

    Determining a Classic Car Loan Amount

    When the time comes to determine the loan amount, consider these costs that you may want to incorporate into the cost of the car.

    Travel and shipping costs – You may want to inspect your car first hand before purchase, and if the car is not in your area there will be travel costs involved. You may not want to drive your new collector car 1000 miles back to your home, which will require shipping costs to be incurred.

    Classic Car Inspections – Most specialty lenders require the car to be inspected by a specialty car inspection service before a loan can be approved, and that can cost a few hundred dollars. This is not a bad thing in my view. Not only do you want to know whether you are truly buying an original model and/or paying the correct price for the car, but the lender wants to know as well. If you default on your loan and the lender has to confiscate the car, they will want the value of the car to be what they lent (or very close to it). If you were already planning on using an inspection service, you may want to talk to your lender and see what they use, since you will be required to use them anyway. No need to use two different inspection companies if you don’t need to.

    Should I still finance my classic car if I have the cash to purchase it?

    Many car collectors finance their purchases even if they have the cash. Classic cars over the last 10 to 15 years have exploded in value, sometimes growing at 15% a year. That makes your car purchase a true investment since it is growing faster than the 6% to 7% interest rate you will probably have (if your credit is worthy enough). However, we are now in some economic uncertainty, and this may not hold true much longer. So far the trend is documented and original limited models and collectibles are increasing, but the replica models are cooling off a bit.

    Collateral loans #loans #ireland

    #collateral loans


    Collateral may be defined as property that secures a loan or other debt, so that the property may be seized by the lender if the borrower fails to make proper payments on the loan.

    When lenders demand collateral for a secured loan, they are seeking to minimize the risks of extending credit. In order to ensure that the particular collateral provides appropriate security, the lender will want to match the type of collateral with the loan being made. For example, the useful life of the collateral will typically have to exceed, or at least meet, the term of the loan; otherwise the lender’s secured interest would be jeopardized. Consequently, short-term assets such as receivables and inventory will not be acceptable as security for a long-term loan, but they are appropriate for short-term financing such as a line of credit.

    In addition, many lenders will require that their claim to the collateral be a first secured interest, meaning that no prior or superior liens exist, or may be subsequently created, against the collateral. By being a priority lien holder, the lender ensures its share of any foreclosure proceeds before any other claimant is entitled to any money.

    Properly recorded security interests in real estate or personal property are matters of public record. Because a creditor wants to have a priority claim against the collateral being offered to secure the loan, the creditor will search the public records to make sure that prior claims have not been filed against the collateral. If the collateral is real estate personal property

    In startup businesses, a commonly used source of collateral is the equity value in real estate. The borrower may simply take out a new, or second, mortgage on his or her residence. In some states, the lender can protect a security interest in real estate by retaining title to the property until the mortgage is fully paid.

    Loan-to-value ratio.

    To further limit their risks, lenders usually discount the value of the collateral so that they are not extending 100 percent of the collateral’s highest market value. This relationship between the amount of money the bank lends to the value of the collateral is called the loan-to-value ratio. The type of collateral used to secure the loan will affect the bank’s acceptable loan-to-value ratio. For example, unimproved real estate will yield a lower ratio than improved, occupied real estate. These ratios can vary between lenders and the ratio may also be influenced by lending criteria other than the value of the collateral; e.g. a healthy cash flow may allow for more leeway in the loan-to-value ratio. A representative listing of loan-to-value ratios for different collateral at a small community bank is:

    • Real estate. If the real estate is occupied, the lender might provide up to 75 percent of the appraised value. If the property is improved, but not occupied (e.g. a planned new residential subdivision with sewer and water, but no homes yet), up to 50 percent. For vacant and unimproved property, 30 percent.
    • Inventory: A lender may advance up to 60 percent to 80 percent of value for ready-to-go retail inventory. A manufacturer’s inventory, consisting of component parts and other unfinished materials, might be only 30 percent. The key factor is the merchantability of the inventory how quickly and for how much money could the inventory be sold.
    • Accounts receivable: You may get up to 75 percent on accounts that are less than 30 days old. Accounts receivable are typically “aged” by the borrower before a value is assigned to them. The older the account, the less value it has. Some lenders don’t pay attention to the age of the accounts until they are outstanding for over 90 days, and then they may refuse to finance them. Other lenders apply a graduated scale to value the accounts so that, for instance, accounts that are from 31-60 days old may have a loan-to-value ratio of only 60 percent, and accounts from 61-90 days old are only 30 percent. Delinquencies in the accounts and the overall creditworthiness of the account debtors may also affect the loan-to-value ratio.
    • Equipment: If the equipment is new, the bank might agree to lend 75 percent of the purchase price; if the equipment is used, then a lesser percentage of the appraised liquidation value might be advanced. However, some lenders apply a reverse approach to discounting of equipment: they assume that new equipment is significantly devalued as soon as it goes out the seller’s door (e.g. a new car is worth much less after it’s driven off the lot). If the collateral’s value is significantly depreciated, loaning 75 percent of the purchase price may be an overvaluation of the equipment. Instead, these lenders would use a higher percentage loan-to-value ratio for used goods because a recent appraisal value would give a relatively accurate assessment of the current market value of that property. For example, if a three-year-old vehicle is appraised at $15,000, that’s probably very close to its immediate liquidation value.
    • Securities. Marketable stocks and bonds can be used as collateral to obtain up to 75 percent of their market value. Note that the loan proceeds cannot be used to purchase additional stock.

    Copyright (c) 2006. Active Money is a trademark of Columbus Enterprise Development CorporationColumbus Enterprise Development Corporation. All Rights Reserved. ActiveMoney is licensed to KeyBank as the exclusive sponsor and licensee of this product.

    Key does not represent or endorse the accuracy or reliability of any information, content or advertisements (the ‘Materials’) contained on, distributed through, or linked, downloaded or accessed from the Site, except as otherwise expressly stated in any applicable Service Agreement, nor the quality of any Software or other products, information or other materials displayed, purchased, or obtained by User as a result of any advertisement or any information or offer in or in connection with the Service or the Site (the ‘Products’). User acknowledges that any reliance upon any Service, Product, or Material shall be at User’s sole risk, except as otherwise required by applicable consumer protection law. Key reserves the right, in its sole discretion and without any obligation, to correct any error or omission in any portion of any Service, Product, or Material.

    Copyright 1998-2015, KeyCorp . All rights reserved.

    CitiFinancial Personal Loans – OneMain Financial #perkins #student #loan

    #financial loans

    CitiFinancial is now OneMain Financial

    Who Can Qualify

    OneMain grants personal loans to people over age 18 (except for Alabama residents must be at least 19 years old) who have some established credit. Established credit, through gasoline/retail credit cards or auto loans, along with the ability to make monthly payments is required. Secured Loans of up to $10,000 can be secured with your vehicle. For Unsecured Loans of up to $7,500 no homeownership and no collateral is required. At the present time personal loans are not available for business purposes. OneMain’s specialty is extending credit for personal, family, and household purposes. OneMain does not provide loans to those living in the following states: Alaska, Arkansas, Connecticut, Massachusetts, Nevada, Rhode Island, Vermont, or Washington DC.

    The Loan Process

    Complete the safe and secure Online Loan Application. Instantly you will receive an on-screen confirmation that your application has been submitted to OneMain Financial. You will receive an email confirmation in about 5 minutes which may conditionally approve you for a loan. In less than 1 hour your loan application will be transferred to a local OneMain Financial office that is closest to you. A OneMain Financial branch Account Executive will contact you in about 1 business day to discuss your loan options. Each branch manager runs their OneMain office as if it is their own business, so loan decisions are made locally.

    No Obligation and No Prepayment Penalty

    Once you apply for a personal loan, you are under no obligation to accept the loan offer that is presented to you. You can pay off your personal loan anytime with no fees, no hassles, and no red tape.

    14-Day Guarantee

    With a OneMain personal loan, you can’t lose. If for any reason you change your mind after you receive your personal loan, you can return the amount you borrowed within 14 days, and there will be no fees, no charges, and no hassles – Guaranteed!

    Possible Uses for Loan

    OneMain Financial has a solution that helps you afford what you want or need most in life. They will get you the money you need when you need it! There may be any number of reasons you need a personal loan from paying off debt to taking your dream vacation. If your home remodeling project includes energy efficient home improvements , you may be able to earn a tax credit. According to the IRS, the American Recovery and Reinvestment Act of 2009 allows a tax credit to help individual taxpayers pay for qualified residential alternative energy equipment such as solar hot water heaters, solar electricity equipment and wind turbines installed on or in connection with their home located in the United States and geothermal heat pumps installed on or in connection with their main home located in the United States . The tax credit, which runs through 2016, is 30% of the cost of the qualified property. Other possible uses of a personal loan include: