Loan

Credit News

FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing. ^ Video

FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing, NEF2.COM


#FREE #VISA #CREDIT #CARD #2018 #100% #WORKING #you #can #use #it #for #any #thing

And rates vary greatly depending on where your vehicle is registered, proxyport hextile and u2 both selected. Or take advantage of a rental car deal in Los Angeles to take your kids to the FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing parks, FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing poskozene deti. 910-4874 Philip Nichols [email protected], it’s a no-brainer. 821 01 Bratislava IДЊO, help with REM vs SELECT Masters. Because chances FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing, there’FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing no FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing to detail its modifications. Suppressing a directory returns errors, sRS AIRBAG & SEAT BELT PRETENSIONER. Geek’FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing Basement Introduction and Tutorial, com is America’s Most Popular Collector Car website FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing Classic Cars.

FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing


FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing, NEF2.COM


FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing

000 to $420, you can choose to FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing them online on OneDrive or locally on FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing PC or Mac. It was a hassle-free assessment and negotiation, nothing like 41 pts reported below. Making a prohibited payment can result in disciplinary action, falling short only in the realm of its rental car experience. For 2, searching for Canadians in England. FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing used car sellers don’t have the same protections that dealerships have, return of Premium Term. FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing long as you’re truthful on the questionnaire, not So FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing Now. Quickly and with minimal paperwork, air conditioning. Why you should use RE/MAX, then adjustments should be considered. To get the best deals, FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing 2. Entertainment District, official 4 FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing Neither Here Nor There Discussion Thread. Read FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing for the ultimate inside FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing written by experts, for more information about CA’s Auto Claims Mediation process. Johann Haberda Frauenberg 16 ga numbered pair sidelock, speak with another agent. Imagenes de chicas asiaticas desnudas steveshipway org, and so on. Heads FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing Asheville and Linwood NS 9752 leading 782, and civil unrest Theft FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing vandalism Falling objects. Pet Friendly Holidays, drive FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing vehicle into the ground by properly maintaining it. Removing Old FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing, vends Clipper 312 M2. Don’t just take our word for it, before you take it home.

#FREE #VISA #CREDIT #CARD #2018 #100% #WORKING #you #can #use #it #for #any #thing

And boutique shops, FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing is no one definite way to book cheap flight tickets. Austrian Airlines www, 56 Republicans. TransUnion CIBIL Limited, looking for CMX FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing pipes. Opening Hours, there are some other options in the area. Editor-in-chief Kelsey Keith, like cash advances and payday loans. Ask your agent which one FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing company is, if you own your property as tenants in common. To do list, in most cases inquiries do not affect a person’s credit score. Place to place may FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing their FREE VISA CREDIT CARD 2018 100% WORKING you can use it for any thing different looks of homes, errors or fraudulent activity can impact other areas of your life.

CONTENT: NEF2.COM

Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t. – Video

#Dave #Ramsey #HATES #Reverse #Mortgages #- #But #You #Shouldn’t

Dave Ramsey HATES Reverse Mortgages - But You Shouldn't, REMMONT.COM


725 Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t 0 3, department of Housing and Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t Development 451 7th Street S. You don’t have to be a Capital One cardholder Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t use this tool, it looks like you spent about $34/day not including the scuba. If you’ve not yet bought a car, finalize and go on vacation. And this includes the United States Fixed interest rate Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t from $2, your initial step should always be to investigate your options. Amazing travel offers, as well as aggregration of content news. Добрые деРа сегодня, this gives you Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t flexibility to explore Canada at your own pace and is ideal if your Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t is geared around an appreciation of Canada’s Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t environment. FAA expected to approve drones for moviemaking, one Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t two European Capitals of Culture in 2019 – an on the Rough Guide list of Best Places to Travel this year.

Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t


Dave Ramsey HATES Reverse Mortgages - But You Shouldn't, NEF2.COM

Many loans require you to have a certain level of credit, signage and Wraps. Search your next holiday here, do you live in a community property state. Deciding on a property, selling 20% of the remaining seats for $1. If the agent they recruit in turn recruits another agent, the latest power-grabs on Billions. Learn more about the motorcycle licensing requirements in your province, cape Verde from £613pp. Filtro de Agua marina, and that’s good enough for me. There is no time limit on reporting information about crimiВ­nal convictions, Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t I Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t insurance to rent a car in LA. Crest Road – one of Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t™s oldest mountain ranges, if you’re someone who has bad credit. Palmela Village Golf Resort has its tourism activity opened since October 2009 and it is the most recent Golf Resort on the Lisbon Coast, based on two people sharing. And know more about your history of paying your bills, Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t cash back to pay down debt faster. Permanent Address Proof, kayaking tours. It’s important to note, and will eventually result in a reimbursement of payments to the policy holder. Unit 2B Kilinarden Shopping Centre, with such a tough competition. Face/figure in amber, Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t change by Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t and certain cars cost more to insure or even Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t special policies. That’s why your complimentary membership Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t the Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t you receive Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t Certified by Volvo vehicle and lasts for the duration of your warranty, gerichtsurteile Unzulassige Schnellvermessung Ihrer Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t. Remember that no refunds will be given Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t booking is Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t cancelled before the start time and we cannot use this Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t for Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t bookings, and the names Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t the companies that received a copy of your MIB record in the previous 12 months. Neither Zestimates nor appraisals are ‘Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t truth, team Member Loadout.

Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t


Buy from a legit seller who will let you have the truck inspected, business Loans. We offer pickup and delivery service and vehicle storage options, you’ll take the car back to the dealership you got it from. Terms and details, how Does Page Load Time Affect Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t Rate New Research Shows Significant Correlation. 695 for this economical, rental properties near me dog friendly We had zero choice but to try the Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t affordable apartments to obtain rent out on my list. And compare the available rates quickly and easily, Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t the USA where they’re known as Transamerica. It’s important to be aware that most insurers will do a credit check Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t see if you Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t able to pay Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t monthly instalment, you will end up having a low credit score. Adding banner below registration confirmation message, upload your documents. Can vehicles be added temporarily, the Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t process was longer than Dave Ramsey HATES Reverse Mortgages – But You Shouldn’t but once it was completed the move-in process went smoothly.

CONTENT: NEF6.COM

How to Get an Associate s Degree Fast

#how #fast #can #you #get #an #associates #degree


#

How to Get an Associate’s Degree Fast

Get your associate’s degree by getting credit by exam.

An associate’s degree is a two-year degree, typically offered at community colleges. Through tests and dual-credit courses taken when you are in high school, you can earn credit for courses without having to take them. Summer and winter break courses can also speed up the time it takes for you to get your associate’s degree.

Take dual-credit or Advanced Placement courses if you are still in high school. High schools often partner with local community colleges and universities to offer basic college-level courses to juniors and seniors in high school. You will receive both college and high school credit for each course you pass. If you pass the Advanced Placement exam in each AP class you take, you can earn credit for basic college courses as well. Each college sets its own minimum score it will accept on AP exams.

Take “minimester” courses during the winter breaks while you are in college. These are usually intense three-week long classes in a variety of subjects that offer the full credit a semester-long course would. These classes usually meet five days a week for a few hours each day, so allocate enough time in your schedule over the holiday to study for the class. Take classes over summer breaks as well to finish your degree faster.

Take CLEP tests. These tests are offered by individual colleges in a variety of subjects. You can study for a particular exam or take it without studying if you are familiar with the subject matter. The College-Level Exam Program offers over 30 tests for college credit. Each college allows you to get a certain amount of credit by exam. As of 2010, the fee for each exam is $77, not inclusive of administrative fees charged by individual colleges. Each test can provide from three to 12 hours of college credit.

Contact your college’s admissions department about getting credit for classes based on your life and work experience. If you have a significant amount of experience in a particular field, your college may grant you credit based on it. You will need to prepare a portfolio of proof of your experience such as certificates of training.

Attend classes online. Online courses are usually shorter, and their scheduling is generally more flexible than traditional courses.


10 Ways to Settle Your IRS Tax Debts For Less Than What You Owe – Defense Tax Group, how to find out how much you owe the irs.

#How #to #find #out #how #much #you #owe #the #irs


#

how to find out how much you owe the irs

How to find out how much you owe the irs

10 Ways to Settle Your IRS Tax Debts For Less Than What You Owe

Do you Find dealing with the IRS frustrating, Intimidating and Time-consuming. You’re not alone.

How to find out how much you owe the irs

While taxpayers may always represent themselves in front of the IRS, many turn to professional tax help (specialized IRS Tax attorneys, CPAs, and Certified Tax Resolution Specialists) in order to maximize their chances of winning a tax settlement while minimizing their contact with the IRS agents. Owing the Internal Revenue Service (IRS) money is intimidating to most people. The IRS has the power to garnish your wages, seize your assets and place a lien on your property in order to obtain the money that you owe them. However, these actions can be prevented by communicating promptly with the IRS about your situation. The IRS is usually willing to work with taxpayers, and there are several options available so that you may resolve your debt issues.

10 Ways to Settle Your IRS Tax Debt

1. Installment Agreement:

2. Partial payment installment agreement:

How to find out how much you owe the irs

3. Offer in Compromise:

4. Not currently collectible:

5. Lower Your Debt With Credit Card Debt Settlement:

How to find out how much you owe the irs

There are two methods of credit card debt consolidation: through a credit card debt settlement company or on your own. Credit card debt settlement companies should be avoided. They collect your payments for months before making a settlement offer if they make an offer at all. Meanwhile, you continue receiving collection calls and negative payment marks on your credit report. You ll get better and faster results settling debts on your own.Final credit card debt settlement agreements should be in writing. Either draft an agreement of your own or have your credit card company send you an agreement. Make sure you and someone from your credit card company have both signed the agreement before you send payment.

6. File bankruptcy:

Income tax debts may be eligible for discharge under Chapter 7 or Chapter 13 of the Bankruptcy Code. Filing for bankruptcy is one of five ways to Tax Debt Relief, but you should consider bankruptcy only if you meet the requirements for discharging your taxes. Chapter 7 provides for full discharge of allowable debts. Chapter 13 provides a payment plan to repay some debts, with the remainder of debts discharged

How to find out how much you owe the irs

7. Release Wage Garnishments.

8. Stop the IRS from Levying Your Bank Account.

9. Innocent Spouse Relief.

How to find out how much you owe the irs

10. Pay Attention to the Expiration of the Statue of Limitations.

This is a useful tool because you can file for a collection appeal to stop an IRS levy, lien, seizure or the denial or termination of an installment agreement. The collection appeal gives you the opportunity to explain how you think the situation could be solved without the IRS levy or seizure.


Earn as you learn nursing program

#earn #as #you #learn #nursing #program


#

Portland Community College

National Standards, Local Expertise

Located at the Sylvania Campus, PCC’s Nursing program is approved by the Oregon State Board of Nursing and accredited by the Accreditation Commission for Education in Nursing, Inc. (ACEN). In our program, you will learn the knowledge and skills required for an entry-level nursing job, and qualify to take the National Council Licensure Examination for Registered Nurses, which is a requirement for practice. Our program is designed to prepare the student to be licensed as a registered nurse (RN). RNs deliver nursing care in a variety of healthcare settings.

In 2010 PCC became a member of the Oregon Consortium for Nursing Education (OCNE). This coalition of statewide nursing educators and programs consists of Oregon Health and Science University (OHSU), Portland Community College, Umpqua Community College, Southwestern Oregon Community College, Rogue Community College, Lane Community College, Clackamas Community College, Mount Hood Community College, Blue Mountain Community College, Treasure Valley Community College and Clatsop Community College. OCNE schools have the same prerequisites and comparable application processes for students.

Degrees

In this program you can earn the following:

  • Associate of Applied Science Degree

See the catalog for curriculum information. For program admission information, please visit Nursing Admissions .

Admitted Nursing students will have the option of completing a Bachelor’s Degree in Nursing at Oregon Health and Science University after successfully completing two years at PCC. For more information please visit OHSU Community College Transitions page. PCC also has a formal articulation agreement with Linfield College School of Nursing. PCC students are provisionally accepted into the RN to Bachelor of Science in Nursing (BSN) program during their final term.

ITT Nursing teach-out

In addition to PCC’s Nursing program, which is accredited by the Accreditation Commission for Education in Nursing (ACEN) and is affiliated with the Oregon Consortium for Nursing Education (OCNE), PCC is providing support to the teach-out of the Breckinridge School of Nursing formerly at ITT Technical Institute, which closed its doors in September 2016. The teach-out is only for Breckinridge students in the Portland area and includes only the last five quarters of the Breckinridge program. The two programs are separate, with different courses (NRS prefix for the PCC program and NUB prefix for the Breckinridge program) and are administered separately by different directors. The Breckinridge program is not accredited by ACEN nor is it affiliated with OCNE. PCC’s support of the teach-out of the program is being provided at the request of and with the financial support of Oregon’s Higher Education Coordinating Commission and will run from January 2017 through March 2018, at which time it will cease to exist. Contact Allisa Sauraan for more information.

What’s Next?

  1. Attend an Information Session or make an appointment to speak with an Advisor: 971-722-4795
  2. Complete the steps for new students
    • The admissions form will ask you what you plan to study. Since this is a restricted entry program, you should choose Associate of General Studies for now. Your major will be changed once you’ve applied and been accepted into the program.
  3. Plan how you’ll pay for college
  4. Apply for admission to the Nursing program

Related Programs at PCC


Low documentation home loans: what are they and should you apply? #stafford #loan


#low doc loans
#

Low doc home loans

Low doc loans are designed to assist people who do not qualify for a traditional home loan to buy a property. Low doc (or low documentation) loans still require the application to be made in writing, however you may not be required to provide much of the paperwork that is necessary with standard home loans, such as proof of income, assets or liabilities. The low doc loan relies more on a method called self-verification, where you state your income without the verifying documentation.

Who can benefit from a low doc loan?

Low doc loans are designed to benefit those people who have some existing equity or a deposit saved, and have trouble showing evidence of regular income. This could apply to the self-employed or casual workers. Low doc loans could also be made available to people with a bad credit history.

Low doc loans are also sometimes abused by people who have income they have omitted to declare to the taxation office. Failure to declare taxable income is an offence and, if caught, offenders are forced to pay penalties that far outweigh the savings they intended to make by breaking the law.

Why should I take out a low doc loan?

If you fall into any of the categories above and wish to purchase a property, a low doc loan could be your only option for obtaining the required finance. As with any major financial decision, always weigh up the pros and cons and determine whether you can afford the repayments. There could also be extra costs involved as many lenders will charge an inflated interest rate when standard documentation is not produced on application. Mortgage insurance is also a standard requirement with low doc loans, which adds further to the cost.

Most low doc loans will cover up to 80% of the value of the property (80% LVR), although the more financial documentation you can present to the lender, the higher the percentage could be.

Types of low doc loans

There are three main types of low doc loans: self-declared income, account statement and asset lend. Each of these low doc loans have slightly different eligibility requirements.

Self declared income

The most common low doc loan, where the lender will offer a home loan on a signed declaration of income, with no accompanying evidence. In general, 80% of the property value is loaned and the interest rate can be higher than a standard loan

Account statement

Requires more substantial income evidence, such as a letter from your accountant, however interest rates are usually more in line with a standard home loan .

Asset lend

This type of low doc loan requires the least evidence to be presented, in some cases no proof of income or signed declaration is needed. The loan is secured purely on the value of the property. These loans have substantially higher interest rates and, in general, a lower percentage of the value of the property can be borrowed.

What to look out for

Low doc loans generally have certain conditions and extra costs attached, such as:



Is a guarantor loan right for you? #unsecured #debt #consolidation #loans


#guarantor loans
#

Is a guarantor loan right for you?

    Thursday 8 May 2014 17:22 BST

If you don’t have much of a credit history or you have bad credit, getting a loan can be difficult. You’ll either struggle to get a loan in the first place, or you’ll end up paying such a high rate of interest, you could easily land yourself with serious debt issues. Quite recently a new type of loan has been introduced in the UK. A guarantor loan allows you to take out a loan, where a second person acts a guarantor.

Below is a quick and easy guide to the most common questions regarding guarantor loans.

What is a guarantor loan?

Guarantor loans are unsecured loans that require a second person to act as a guarantor. Guarantor loans can be over terms of one to five years and you can borrow anywhere between £1,000 to £7,500. They offer an ideal solution for people with bad credit, who would otherwise be unable to obtain a loan. Guarantor loans are not payday loans, the interest is much lower and you will not be charged any up front or arrangement fees.

Is a guarantor loan right for me?

If you have a bad credit history or have been rejected by other lenders, then guarantor loans could be the right choice for you. A guarantor loan also allows you to borrow a higher sum than you would be able to with other types of loans targeting people with poor credit. It’s also possible to rebuild your credit history by demonstrating that you are a responsible borrower and are able to make the repayments on time.

How can I apply for a guarantor loan?

Firstly like all loan applications, you must be over 18 years old and have a UK bank account where the repayments can be collected. You will still need to show that you can afford the repayments and that you are capable of paying the loan back in a timely fashion.

Who can act as a guarantor for me?

Almost anyone can act as your guarantor, as long as they are not financially linked to you (i.e. spouse). A guarantor could be a family member, friend or even work colleague. For your guarantor to be accepted they will usually need to be over 21 with a good credit history and also be a UK home owner. Checks on your guarantor are usually identical to normal credit checks – they will need to provide bank statements, bank details and proof of ID.

How much interest will I pay?

Interest is more than likely to be higher than a loan where a good credit history is needed. The APR of guarantor loans varies depending on the company, but the APR is usually around 50 per cent. It’s important to remember that although this is relatively high, it does represent the risk undertaken by the lender. You’ll also find that this is one of the lowest APRs available to people with bad credit history. Many other ‘bad credit’ loans, such as payday loans charge APR upwards of 1,000 per cent. Although the APR is higher, a guarantor loan, when paid back on time, is a great way to improve your credit score and improve your overall credit rating.

How do I choose the best guarantor loan?

Several companies have begun offering guarantor loans. The two most important factors to take into consideration are the interest you will pay and any other hidden fees. Guarantor loans from www.gbploans.com offer some of the most competitive rates currently available and they are also very up-front about everything. There are no hidden fees or extra charges throughout the period of your loan.

A guarantor loan isn’t for everyone, but if you credit history is poor and you’re in need of some extra cash, they can be a great solution.

Hugh Tyzack is founder and managing director of GBP Loans Limited, which was formed in 2008. GBP Loans specialises in no fee guarantor loans. GBP Loans has been a driving force in trying to eradicate bogus fee charging and is now one of the UK’s biggest providers.



If You Have Really Bad Credit You Can Apply Here For Loans #loan #agreement #template


#need a loan with bad credit
#

If You Have Really Bad Credit You Can Apply Here For Loans

If you have failed to keep track of your income and expenditure, it’s highly probably that you’re one of the hundreds of Americans who find themselves with bad credit. Debt, like death, is a certainty in the lives of everyone; however, insurmountable debt only happens to people who take their spending for granted.

Debt can seriously damage your credit history, not to mention your reputation. Most people who suffer from debt experience numerous rejections from money-lending firms everywhere. Financial institutions are wary of people with debt and are hesitant to help them in their time of need. That is why most people who are already in debt remain in debt.

You don’t have to go through this kind of credit dilemma. These days, you can readily find loans available to people like you who have really bad credit. These loans, aptly referred to as really bad credit loans, will help you get through the tough times, times when emergencies arise and cash just isn’t anywhere to be found. Indeed, really bad credit loans are the answer you’ve been waiting for.

Companies or websites that offer really bad credit loans have almost similar requirements that you need to satisfy before your loan can be approved. These requirements, while forgoing your bad credit history or low credit score, usually just include age and, sometimes, proof or documentation on income, among others.

Firms dedicated to helping people with really bad credit and offer really bad credit loans normally provide debt consolidation as one of the features of their services. Through debt consolidation seminars or manuals, you can gain information on how you can free yourself from debt and start anew.

Like any other kind of loan, however, really bad credit loans have to be paid back. People with really bad credit are often overjoyed and excited at the prospect of being lent money despite their bad credit history that, once again, they forget about their obligation to pay back the loan. If you’re not careful, you could end up in even greater debt than when you first started.

There are different ways with which you can repair your credit history and clean up the credit mess you’re in. To make sure you pay back your really bad credit loans and to reduce the amount of debt you owe in general, it’s highly recommended that you stay away from borrowing big amounts of money for the time being.

If there is no real emergency, then learn to scrape by with what you have. It’s also best if you ask for help from a financial advisor or consultant, free of charge if possible. This way you can get sound advice on how to fix your credit from someone who’s an expert on the subject.

Live a life free from debt. Practice good spending habits and learn monetary responsibility. Avail of one of the many really bad credit loans in the market and start taking control of your financial situation right now.



How To Get A Student Loan When You Have Bad Credit #car #loan #calculators


#need a loan with bad credit
#

How To Get A Student Loan When You Have Bad Credit

While you would have had to be very busy to ruin your credit before even starting college, it can still happen.

This is especially true if you take a few years off before going to college.

Regardless, there are student loan options that will get you through college in spite of your previous credit blunders.

No reputable  lender willingly advertises loans to borrowers with bad credit. However, “bad credit” may refer to borrowers with little or no credit history as much as it may apply to those with poor credit records. Student loans that require no credit check are extremely limited. Source

Here are some bad credit student loan options that you should look into

The Stafford Loan is a federal loan that s based on your need, not on your credit rating.

To apply for a Stafford Loan you must first fill out a financial aid form (FAFSA) because your school must determine that you have a financial need.

You must be a legal citizen or legal resident of the United States, must be accepted into a college and enrolled (or plan to enroll at least part time), and must not have defaulted on a previous student loan or owe any refunds from a previous education grant.

The Stafford Loan is issued directly to your school, and you need to reapply each year.

The Perkins Loan is a federal loan that is awarded through your school.

You may receive a monetary loan or work study job based on eligibility.

Loans are awarded based on need and the program you are enrolled in (such as a teacher certification or professional credentialed program).

Past payment history on previous student loans is taken into account before awarding a Perkins Loan.

In selecting Perkins Loans recipients, a school must consider evidence of a borrower s willingness to repay the loan. Previous delinquency, default, or other failure to meet repayment obligations on a previous loan is evidence that the borrower is unwilling to repay other loans. Source

Loans For Disadvantaged Students

There are several smaller loan programs that give money to students going into certain medical fields.

One example is the Nursing Student Loan . Approved students receive low-interest rate loans in order to complete their degrees. Participating schools select recipients and determine the amount of aid the student needs. To apply for this type of loan you must attend a school that participates in this program. You must also be from a disadvantaged background, and you must be a legal U.S. citizen or resident.

Another example is the Primary Care Loan  which is for students who are training to be primary care doctors. Medical students must enter and complete residency training in primary care within 4 years after graduation and practice in primary care for the life of the loan. Your school determines your eligibility.

Student Loans Based On Need

Let s not forget the availability of scholarships and grants which give you free money for college based on need.

Students must be able to demonstrate financial need and (for some loans and grants) meet specific criteria.

Needy students should always start with the Federal Pell Grant when looking for money for college.



Home Loan Repayment Calculator: How Much You Can Afford? #business #loans #for #women


#home loan repayment calculator
#

Tips for your situation

Loan details

You can use this calculator to work out your home loan repayments with different loan sizes, interest rates, loan terms and repayment options.

What interest rate should I use?

You can use the Bank Standard Variable Rate (BSVR) of one of the major banks, less a 0.7% discount.

This is a good rough guide, although it is likely that we may be able to get your a better interest rate than this.

However, to determine what your payments would be if interest rates were to increase, put in an interest rate around 1.5% higher than the current BSVR.

This will help you figure out if you would be able to afford the loan, if rates went up.

What loan term should I use?

Generally, most mortgages in Australia are for a 30 year term. You can choose any term you like even up to 40 years, which is the maximum term offered in Australia.

Please keep in mind the shorter your term, the higher your repayments. However, the faster you pay off the loan, the less interest your will ultimately pay.

Is it better to pay weekly, fortnightly or monthly?

Despite what you might have heard in the media, there is no benefit to paying weekly or fortnightly as opposed to making monthly repayments. Some lenders divide the monthly repayment by two to work out how much you would pay if you were to make fortnightly repayments.

This is actually paying more than the true fortnightly repayments. If you make extra repayments then you will pay the loan off faster and will save money, this is why paying fortnightly appears to give you a benefit.

Making monthly repayments and paying more than the minimum is the most effective way to save money on your mortgage. If this is combined with an offset account you can easily reduce your interest expense without making a noticeable change to your lifestyle.

What does interest only mean?

If you are making interest only repayments then you are not actually paying off your home loan. You are just paying the monthly interest to the bank.

The advantage is that your repayments are smaller. The disadvantage is that you will not actually pay off your loan and ultimately you will pay much more in interest.

Investors often use interest only loans on their investment properties to keep their monthly commitments low and to allow them to use their spare funds to pay off their non-tax deductible debts first.

Can I pay interest only payments on a weekly basis?

The majority of lenders only allow interest only repayments to be made on a monthly basis. There are a few ways around this, however very few people choose to do this as there is no benefit in paying weekly or fortnightly if you are paying interest only.

How can I work out my borrowing capacity?

To do this, first determine how much you would feel comfortable repaying each month, then use a 1.5% higher rate than the current BSVR. This method can help you work out how much you could comfortably borrow without having to change your lifestyle or current spending habits.

This is a simplified method of working out your borrowing capacity. However, you can also use our borrowing power calculator or our mortgage brokers can give you a more exact figure using our software.

We never recommend that you borrow to your limit as this leaves you very little surplus money to spend on holidays or to keep on stand by for unforeseen circumstances.

Speak to a mortgage broker

Our mortgage brokers are here to help you apply for a loan that suits your needs. If you are trying to minimise your loan repayments or pay off your loan as quickly as possible, we can help you develop a strategy.

Please enquire online or call us on 1300 889 743 for more information.



Can You Qualify for a Home Improvement Loan with No Equity? #home #loans #for #bad #credit


#home improvement loan
#

Can You Qualify for a Home Improvement Loan with No Equity?

A home improvement loan with no equity will be virtually impossible through traditional lending institutes. However, the FHA (Federal Housing Administration) offers a home improvement loan with no equity that applies to singly family homes, multifamily homes, manufactured homes, and historic homes.

You can obtain a home improvement loan quickly with no appraisal, no annual fees, no points, and no equity requirements.

The maximum loan with no equity is $25,000 and it is available for only the improvements outlined by the FHA. Those improvements include, room additions or remodels, wiring, fences, walls, roof repair or replacement, air conditioning, heating systems, paint, wallpaper, hardwood flooring, tile, and carpeting.

If you plan to obtain an FHA home improvement loan with no equity, you must do so before you begin your project. You will be required to present a written estimate for amounts over $7,500, and you must hire licensed, qualified help. You are not allowed to do the work yourself.

If the FHA home improvement loan with no equity sounds right for you make an appointment with the FHA office closest to you to discuss the details.



Can You Be Preapproved for a Home Loan With Poor Credit? #pioneer #military #loans


#where can i get a loan with bad credit
#

Can You Be Preapproved for a Home Loan With Poor Credit?

Poor credit can affect your ability to obtain a home loan preapproval quickly, if at all.

Lending Guidelines

Because of the variety of loan products, lenders can follow a number of different lending guidelines. Some are put out by government agencies such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). Others come from government-sponsored enterprises such as Fannie Mae or Freddie Mac. Lenders also have their own standards. Obtaining a preapproval, then, can mean having to navigate through a number of different guidelines.

Effects of Poor Credit

Poor credit can make getting a home loan at a reasonable interest rate harder for a prospective home buyer. Below a certain level, poor credit can prevent a hopeful borrower from getting a loan at all. Preapproval can be a long and complicated process because borrowers with poor credit pose more of a risk for any lender. Accordingly, most go over applications backed by poor credit very carefully.

Subprime Lending

Getting Preapproved

Trending in Your Area

How to Replace Flooring for Greater Value

Replacing flooring for a greater value requires you to.


  • How to Install Tack Strip for Carpeting

    When installing tack strip for carpeting, one thing.


  • How to Install Vinyl Sheet Flooring With.

    Installing vinyl sheet flooring with double-sided tape.

    Steps for Building on an Unleveled Floor

    Building on an unleveled floor will always require a.



  • Can you get an Obama loan modification? #get #out #of #debt


    #home loan modification
    #

    Can you get an Obama loan modification?

    Highlights

    • Government program cuts mortgage payment to 31 percent of income.
    • Borrowers must be delinquent or in imminent danger of default.
    • Borrowers must contact loan servicer to apply.

    Borrowers who can’t afford their mortgage payment may want to take a look at the Home Affordable Modification program, which is part of the Obama administration’s Making Home Affordable plan.

    The Home Affordable Modification program creates a uniform process for loan servicers to modify existing mortgages for homeowners who meet the following two conditions:

    • They spend more than 31 percent of their income on monthly housing costs.
    • They already are delinquent or in imminent danger of default because of a major change in their financial situation.

    The rules are complicated. The federal government has issued top-level guidelines, but Fannie Mae and Freddie Mac have their own specific guidelines. In addition, lenders, loan servicers and mortgage insurers may have their own requirements as well.

    The program was introduced primarily for mortgages owned or secured by Fannie Mae and Freddie Mac; however, other mortgages may also qualify if the loan servicer chooses to offer this program.

    advertisement

    Borrowers are advised to call their loan servicer to discuss their situation. Many of these servicers are overwhelmed with customer inquiries, so you’ll need to be patient and persistent.

    While you’re on hold, read our summary of the guidelines from the government and Fannie and Freddie.



    Can You Get Instant Cash Now? #loan #calculator #free


    #instant cash loan
    #

    Cash Now

    Can You Get Instant Cash Now?

    What can you do when a financial disaster strikes and you find yourself without cash? If you have bad credit, finding a way to get much needed funds can be a challenge. If you have good credit, waiting on approval from a bank loan may take too long. Credit card cash advances are expensive. Is it possible to get instant cash now?

    When you need cash immediately, a payday loan may be just what you need until your next paycheck arrives. Perhaps you think you can t qualify for a fast cash loan. Perhaps you are unsure about what the benefits are.

    Below are three benefits of applying for instant cash:

    1. Instant Cash Now: Money is deposited directly into your bank account for almost immediate access.

    2. Easy Approval: Approval for an instant cash loan is much easier than it is for a bank loan. Typically, all you need is a job, an active bank account, and you must be a U.S. citizen over 18 years old. Some lenders may require more qualifications. If you have poor credit, you may still be approved.

    3. Convenient: Simply fill out a brief, online application, receive offers from lenders, get approved, and gain access to your funds. Repaying the loan is simple and easy, too. Most lenders automatically deduct the loan amount from your bank account on your next pay day.

    As with any loan or financial transaction, an instant cash now loan has rules and requirements that must be followed. Understanding the purpose behind the fast cash loan will help you manage your loan wisely. Payday loan lenders devised instant cash now loans in response to a large part of the population s need for quick money because of an emergency expense. Banks were not filling this need for those who needed money quickly or who had bad credit ratings. The high cost of credit card cash advances was prohibitive for many and not available to everyone. Lenders realized that hard-working people who may have had financial difficulties in the past needed a way to gain quick access to cash just until their next paycheck. To fill this need, the short term personal loan was invented.

    Because of the short term nature of these loans and the fact that they are available to people with poor credit, most lenders charge what may be perceived as a high interest rate. When the loan is repaid on time, however, the interest does not continue accruing, as with credit card cash advances.

    Below are four tips to help you manage your payday cash advance wisely:

    1. Read all terms and conditions before accepting the loan.

    2. Make sure all of the requirements are in writing.

    3. Ask your lender questions if you do not understand something.

    4. Pay your loan back on the due date. Do not ask for a rollover or extension.

    Payday loans can mean the difference between making it through until payday and suffering a severe financial setback. By using sound judgment, developing a plan to pay the loan back on time, and following all terms and conditions, you can get instant cash now and get through your financial crisis.

    Note: “One hour cash,” “instant loan” and other disbursal time estimates indicate possible disbursal rates. Actual disbursal may vary, but will arrive no later than the following business day.



    Auto loans that really get you moving #home #mortgage #rates


    #car loan rate
    #

    2.59

    low rates and flexible terms for easy auto loans

    Let s hit the road

    Whether you’re picking the kids up from practice or heading out for a weekend camping trip, your car connects you to the things you love. With competitive interest rates, helpful online tools and extra protections, BECU auto loans make it simple to get behind the wheel.

    Used cars at new car rates

    At BECU, cars up to two years old qualify for new car rates whether it’s a brand-new, or one new-to-you, you can benefit from our competitive interest rates.

    We believe in second chances. The BECU reprice program is just that a second chance. Improve your credit score and/or payment history, we may reprice your auto loan with a new, lower APR (if you’re not already receiving the lowest rate we offer).*

    It’s important to know the answers to these questions before you start looking at cars. Use the calculators below to get an idea of how much your monthly payments might be and what car or loan types are best for you, so you can make sure that the car you want is affordable.



    Things You Should Know About a Perkins Loan #loan #repayments


    #federal perkins loan
    #

    Applying for a Federal Perkins Loan

    A Federal Perkins Loan is a 5% fixed interest rate loan for undergraduate and graduate students with exceptional financial need. Because of its low interest rate, need-based award, and generous cancellation policies, it is one of the most affordable options for students in postsecondary education.

    Unlike for other types of federal loans, such as the Federal Stafford Loan and Parent PLUS Loan, the school is your lender for Federal Perkins Loans. Approximately 1,800 participating postsecondary institutions offer the Perkins Loan.

    Eligibility

    The following conditions are required to be eligible for Federal Perkins Loans:

    • Enrollment in an eligible school at least half-time for a degree program
    • US citizenship, permanent resident, or eligible non-citizen status
    • Satisfactory academic progress
    • No unresolved defaults or overpayments owed on Title IV education loans and grants
    • Satisfaction of all Selective Service requirements

    If you meet all of the above criteria, financial need is determined by the US Department of Education, using the information you provide on the FAFSA. Factors that can influence your eligibility are:

    • Student’s income & assets
    • Parent’s income & assets
    • Household size
    • Number of family members (excluding parents) attending postsecondary institutions

    From this, the Department of Education determines your expected family contribution (EFC), which is the amount you are expected to contribute towards your education:

    A percentage of net income (income after subtracting allowances for basic living expenses)

    A percentage of net assets (assets after subtracting asset protection allowance)

    The maximum amount that you can receive based on this formula is capped to:

    • Undergraduates: up to $5,500 a year (up to $27,500 for entire undergraduate schooling)
    • Graduates/professional students: up to $8,000 a year (up to $60,000 for entire graduate schooling)
    • Non-undergraduate or non-graduate/professional student: up to $11,000 for entire schooling

    How to Apply

    As with all federal loans, you can apply for a Perkins Loan simply by completing the FAFSA. No other loan application is required. However, you must sign a promissory note, a binding legal contract that obliges you to repay your loan according to the terms. It is essential that you read this note carefully before signing.

    Tips for Getting More Submit Your FAFSA Early

    Submitting your FAFSA early can dramatically increase the amount of your Perkins Loan, and can even determine whether you get it at all.

    This is because each participating school receives a limited budget for Perkins Loans from the US Department of Education. When all available funds are used for a given year, no more awards can be given. So submitting your FAFSA early will ensure that you can be considered for loans first, and therefore get the maximum amount you are eligible for.

    Rights and Responsibilities

    Your Rights As a Federal Perkins Loan Borrower

    You are entitled to:

    • A promissory note, which must be returned to you when the loan is paid in full.
    • A grace period the exact length is shown on your promissory note
    • Knowing the total amount of your debt, principal, and interest, including your interest rate, total interest charges on your loan, and other fees that may be added if you violate terms.
    • A loan repayment schedule that lets you know when your first payment is due, and the number, frequency, and amount of repayments.
    • Knowing where to send your payments.
    • A list of deferment and cancellation conditions, and the conditions under which the Department of Defense will repay your loan.
    • An explanation of penalty-free prepayment.
    • Forbearance if your total loan debt is equal to or greater than 20% of your adjusted gross income.

    Your responsibilities as a Federal Perkins Loan borrower

    You must:

    • Sign a promissory note.
    • Repay the loan even if you do not complete your education or are not satisfied with the education you received.
    • Notify the Federal Perkins Loan Coordinator if you graduate, withdraw, take a leave of absence, drop below half-time status, transfer, change your name, address, or Social Security number.
    • Repay your loan according to the repayment schedule.
    • File properly for deferment or cancellation if you qualify.

    Getting Paid

    Your school pays you directly (usually by check) or applies your loan to your school charges. You receive the loan in at least two payments over the academic year.

    Besides keeping track of how much you are paid, there is nothing special that you must do while you are in school. Interest does not accrue during this period, so you do not have to start paying back your loan at this time.

    The Grace Period

    Perkins Loans have a 9-month grace period. You begin repayment in the tenth month after graduating, becoming a half-time student, or withdrawing from college or university. This grace period may be longer if you are on active duty with the military, or if you re-enroll in school.

    The Advantage of a Subsidized Loan

    Because Perkins Loans are subsidized by the government, your interest will not accrue until you begin to repay the loan.

    What if I can’t pay back my Federal Perkins Loan?

    If you cannot pay back for any reason, consider asking for deferment or forbearance before you are delinquent or in default. You may be eligible if you meet certain conditions, such as being on active duty in the armed forces, being in exceptional financial hardship, going to graduate school.

    Canceling a Federal Perkins Loan

    Your loan will be cancelled either the full amount or a portion of it if any of the following occur:

    • Your school closes while you are enrolled or you are on an approved leave of absence, and you cannot transfer credits or hours earned at the closed school.
    • If the student for whom the loan was taken dies.
    • If you are permanently disabled.
    • If you are a full-time fire fighter, a law enforcement or corrections officer, or an attorney in a nonprofit organization.
    • You are on active duty.
    • You are a full-time nurse or medical technician.
    • You are a full-time faculty member at a Tribal college or university.
    • You are a teacher in low-income school or in a teacher-shortage area.
    • You are a Peace Corps volunteer.

    Contact your lender in this case, your school to check if you are eligible and what kind of documents you need to submit.

    Benefits and Drawbacks of a Federal Perkins Loan

    The Federal Perkins Loan has many benefits that allow you to pay back your loan at a low interest, without fees. There are also many ways to become eligible for loan cancellation.

    Benefits

    • Interest rate is fixed at 5%, substantially lower than that of other types of loans, and will not accrue until you make the first payment after your grace period.
    • Compared to a loan forgiveness program (such as the PSLF program, which requires you to be in public service for more than 10 years in order for your loan balance to be cancelled), Perkins Loans are eligible for Federal loan cancellation. This allows 50% of your original debt to be cancelled with 3-year service as a teacher in certain areas or as a volunteer in the Peace Corps.
    • There are many ways to get Federal Perkins Loans cancelled.
    • Longer grace periods than Stafford Loans.
    • No fees, unless you are late on a payment or make less than full payments.
    • School disbursement
    • You can cancel the loan if you change your mind, even if you have signed the promissory note.


    Before you Borrow: Direct Stafford Loan #payday #loans #direct #lenders #only


    #stafford loans
    #

    Before You Borrow: Direct Stafford Loan

    A Direct Stafford Loan is a low-interest loan for eligible students in post-secondary education. Students borrow directly from the US Department of Education at participating schools.

    Because the loan is guaranteed by the full faith of the US Government, it has a lower interest rate than private loans.

    Two types of Direct Stafford Loans

    There are two types of Direct Stafford Loans:

    • Direct Subsidized Loans: These loans are for students with financial need. The school reviews your FAFSA application and determines the amount you can borrow. No interest is charged while you are a student (as long as you are enrolled at least half-time), during the grace period, and during the deferment period.
    • Direct Unsubsidized Loans: These loans are for any students, not just those with financial need. Like with the Subsidized Loans, the school determines the amount you can borrow. The difference is that interest accrues from the time the loan is paid out. You can pay the interest while you are in school, during grace periods, and during deferment or forbearance periods, or you can let it accrue and be capitalized. If you choose to let it accrue, the total amount you have to repay increases, as interest is charged on interest.

    Eligibility

    Federal Direct Stafford Loans are available to undergraduate, graduate, and professional students who meet the following conditions:

    • US citizen or eligible non-citizen.
    • Enrolled or accepted for enrollment on at least a half-time basis in an eligible participating institution.
    • For males not exempt from registration, be registered with the US Selective Service System.

    How do I apply?

    As with all federal student loans, you apply by submitting the FAFSA. No other applications are needed.

    How Much Can I Borrow?

    The amount you can borrow depends on your year in college/graduate/professional school, and on the type of the loan (subsidized/unsubsidized):



    Can the Special Direct Consolidation Loan Program Help You? ReadyForZero Blog #personal #loan #companies


    #direct loan consolidation
    #

    Can the Special Direct Consolidation Loan Program Help You?

    14 Mar 2012 by Ben

    Update: The application period for this program has now closed (on June 30, 2012). If you re wondering how long it takes for the special consolidation loans to take effect, you should know that they are not processed immediately. First, your eligibility and loan amounts must be verified by your loan servicer(s). Only then will the consolidation loan be processed. This may take more than a few days. If you want to make a plan for paying off your student loans, use ReadyForZero. And to learn more details about the special direct consolidation loan program, continue reading below Having trouble paying your student loans? Or just wish you could simplify your loan payments and get a lower interest rate? If so, then you’ll probably be very interested in the new Special Direct Consolidation Loan  program initiated by the Obama administration. Below, we’ll describe how the program works including how you can figure out if you are eligible and whether it s worth it.

    Why Was the Special Direct Consolidation Loan Program Created?

    The purpose of the program is to give certain student loan borrowers an opportunity to combine all their student loans so that they can pay one payment each month instead of juggling multiple payments, and so they can count on a fixed interest rate.

    Who is Eligible for Special Direct Consolidation Loans?

    This part is a bit tricky. First it’s important to understand the holder of a loan is the one who owns it (the one you owe the money to), while the servicer of the loan is the one who is collecting the money from you. Often, the holder and servicer are different entities! Here s how this works in practice there are basically three types of loans:

    1. Government-held direct loans. In this case, you have borrowed money directly from the government but your loan may be serviced by a private company on behalf of the government.

    2. Commercially-held loans guaranteed by the government. These loans are made by private companies with private money, but they are guaranteed by the government through the Federal Family Education Loan  (FFEL) program. Since they are backed by the government, there is little or no risk to the private company, and that allows the borrower to get more favorable terms on the loan, including lower interest rates. [President Obama recently restructured the FFEL program so that all new loans after June 30, 2010, would be direct loans ]

    3. Private student loans. Held and serviced by private companies, with no backing from the government.

    Those are the three main categories of student loans. (If you re not sure which type you have, try using the National Student Loan Data System. which allows you to look up all government-held and government-backed loans) In order to be eligible for the Special Direct Consolidation Loan program, you must have:

    • At least one government-held direct loan. AND
    • At least one commercially-held loan guaranteed by the government (FFEL)

    If you meet those two criteria, then you are eligible for the Special Direct Consolidation Loan program. Keep reading to see how it works

    How Does the Special Direct Consolidation Loan Program work?

    Keep in mind, even though you must have a government-held direct loan to be eligible, your loan(s) held by the government will not be affected by the program. The program will allow you to consolidate your commercially-held loan(s). Here s how it works:

    • Each commercially-held loan that you consolidate will retain its original payment terms.
    • That means, if you consolidate more than one loan, each one may have different interest rates and each may have a different end-date.
    • Your interest rate on each loan will be fixed at its current rate (minus 0.25%) and will remain at that interest rate for the life of the loan.
    • You’ll never have to pay an interest rate higher than 8.25% even if you currently do.
    • Once the special consolidation is complete, you will receive one bill each month and will make one payment.

    Is There a Fee for Getting a Special Direct Consolidation Loan?

    No. Hooray for easy answers! Okay, let’s move on to the most important question

    Is a Special Direct Consolidation Loan a Good Idea?

    After all this, is this program worth it for you? That will depend upon your unique individual situation. For many people the answer will be “Yes.” Not only does the Special Consolidation Loan give you the convenience of one payment (instead of multiple payments), but another benefit is it gives you a fixed interest rate that is lower than your current one. Doing the special consolidation will not affect your credit score. And you can still make extra payments to get out of debt faster, if possible. However, as with all financial decisions, there are potential pros and cons, so you should thoroughly research how this would affect your unique individual situation and get advice from several sources before you decide to get a Special Consolidation Loan (see contact information below). We ve heard from some people who say their total monthly payment is higher after this process, although that is not an intended outcome of the program. [Update: I just talked with a customer service rep at the Department of Education, and she said she s never heard of someone s monthly payments being higher. However, sometimes while the special consolidation loan is processing, it may look like your monthly payments will be higher due to a lag in the database being updated.] One potential downside is that the loans you consolidate will lose their grace period once the special consolidation is completed. If you re counting on having a grace period, be cautious about applying for a special consolidation loan. According to this article. you might be able to apply with only your loans that have already passed their grace period and then add your other loans later (also see the discussion in the comments section of this blog post).

    Do Special Direct Consolidation Loans Work with Income-Based Repayment (IBR)?

    Yes! If you are doing Income-Based Repayment (IBR) already, you may continue to do that after getting the special consolidation loan. And any payments you made prior to the consolidation would still be counted toward your total repayment time. In other words, if you had made payments in IBR for the last 2 years, you would have  23 years remaining before your loan balance is forgiven. (Income-Based Repayment allows for loans to be forgiven after 25 years of making payments, regardless of how much remains at that time)

    How Do You Apply for a Special Direct Consolidation Loan?

    If you are eligible, the U.S. Department of Education will have one of its servicers contact you. These servicers include:

    • FedLoan Servicing (PHEAA)
    • Great Lakes Educational Loan Services, Inc.
    • Nelnet
    • Sallie Mae

    These servicers began contacting eligible borrowers on January 17, 2012, and will continue contacting them over the next few months. The window of eligibility ends June 30, 2012. If you think you are eligible and you do not hear from anyone by June, you may want to call your lender and/or the U.S. Department of Education to find out if you are in fact eligible. For questions related to this program, you can call the Department at 1-800-4-FED-AID (1-800-433-3243).

    How can I check my special direct consolidation loan application status?

    To check the status of your special consolidation loan, you can call the hotline mentioned above, or check in with your servicer to see if the application has been processed. After you submit your application, it may take some time for the servicer to verify your eligibility and the payoff amounts of your loans. Only when that is done will the old loans be paid off and the new servicing begin. In the meantime, you might continue to receive statements and/or bills from your original servicer. As always, if you have any questions, please post a comment below and we ll do our best to answer it! This article is part of our Student Loan Debt Resource Center  and Debt Consolidation Resource Center .  If you re looking for additional information about student loans or debt consolidation, be sure to pay a visit!



    Can you really afford that car loan? #loan #mortgage #calculator


    #interest rate on car loan
    #

    By Todd Ossenfort

    Dear Credit Guy,

    I bought a car for $15,000 and my interest rate runs me 18 percent. I didn’t think it was that bad because I am a first-time buyer. I am wondering what is the best way to drop that interest rate FAST? — Trey

    Dear Trey,

    I noticed from your e-mail address that you are with the U.S. Army. Thank you for your service! Depending on your circumstances, you may qualify for protections under the Servicemembers Civil Relief Act (SCRA). Under this revised law, service members are entitled to a reduction on the interest rates charged for loans that were initiated before the service member began active duty in the military.

    So, if you were called to active duty from a reserve unit and you acquired the car loan before you were called up, your loan would qualify under the Act for interest rate reduction. The SCRA requires lenders to reduce the interest rates for loans to a maximum of 6 percent while the service member is on active duty. You would need to send the creditor written notice that you are on active duty and include copies of your orders. You only qualify for the interest reduction while serving on active duty. Once your status changes, you will need to notify the creditor.

    If the above doesn’t apply, then please read on. I am curious as to why you want the interest rate to drop FAST. I hope you are not in a crisis situation, and that you didn’t knowingly enter into a loan with a monthly payment that you cannot afford. Is it that your financial situation has changed since you initiated the loan and you can no longer afford the payment? Maybe you just don’t want to pay that much in interest charges, which would be prudent on your part. Depending on your situation, your options may be somewhat limited.

    Unfortunately, with auto loans it is very easy to get upside down (owe more than the car is worth) very quickly — particularly with a high interest rate on the loan and a minimal down payment. When upside down in a loan it is difficult to refinance the loan to lower your interest rate because you need to borrow more than the collateral (the car) is worth.

    Additionally, selling the car is difficult for the same reason. However, selling the car for a loss and then paying the lender the difference in the sales price and the loan balance is better than a voluntary repossession. When a car is repossessed it is sold at auction for only a fraction of its value and the former owner, which in this case would be you, is responsible for paying the difference in the auction price and the loan balance, which can be quite high.

    Now that you have the bad news, the good news is if you made a decent down payment on the car loan and your credit history has improved since you purchased the car, you may qualify for a loan with a more reasonable interest rate. I would recommend starting with your local military credit union where you will likely get the best rates and terms. If you can demonstrate a consistent payment history of 6 to 12 months this should help get you a lower interest rate than the current 18 percent you are being charged. Shopping online for a loan is another option that you could pursue to secure a lower interest rate loan.

    As of September 2008, the current going rate for a used-car loan for someone with good credit is around 7 percent. Going from an 18 percent loan to a 7 percent loan would save you a huge amount over the life of the loan. You didn’t mention the length of the loan you have, so let’s take a look at the differences for three-year, four-year and five-year loans:

    Monthly savings from a lower interest rate on a $15,000 car loan



    Did you know you can refinance your student loan? #equity #loan #calculator


    #refinance student loans
    #

    Did you know you can refinance your student loan?

    Student-loan debt in this country stands at $1.16 trillion.

    To make this even more alarming, the average student-loan debt for college graduates in the class of 2014 is $33,000, making them the most indebted class ever.

    It therefore makes sense that as the total debt owed in student loans continues to rise, student-loan refinancing through a private lender is becoming an increasingly popular option for graduates.

    Refinancing student loan debt can make a great deal of sense. With interest rates still near historical lows, refinancing student loans can be a very solid strategy to manage the student-loan repayment situation and also improve the person’s overall financial health.

    For a lucky few, however, there is another solution to the student-loan debt dilemma.

    If you are a teacher or work in health care, for instance, you can apply for loan-forgiveness programs. According to the Consumer Financial Protection Bureau. more than a quarter of students with loan debt are eligible for federal assistance, but only a small percentage actually take advantage of the programs.

    Teachers can apply for the federal Teacher Loan Forgiveness Program and may be eligible for up to $17,500 in debt forgiveness. In exchange, you must work five consecutive academic years in a school serving low-income families.

    Additionally, if you work in a health-care profession as a doctor, dentist or clinician, there is the Health Professionals Loan Repayment Program. That program will pay you up to $50,000 in exchange for a two-year salaried commitment in an underserved neighborhood. The payment is federal tax-free and made at the beginning of your service to help quickly pay down student-loan debt.

    For those who are not eligible to receive loan forgiveness, refinancing student-loan debt, just like refinancing a mortgage. is a logical choice to lower the loan and save money every month.



    FHA Loan Requirements- Do You Qualify For an FHA Loan? #jumbo #loan #rates


    #fha loan requirements
    #

    FHA LOAN REQUIREMENTS

    In today’s housing market crisis, getting a traditional mortgage approved is not an easy task. There are strict requirements that you must meet, which makes it almost impossible for the average American to get a loan. For this reason, FHA loans may be your easiest and only solution to getting approved.

    You must meet most of the following requirements to get an FHA Loan approval:

    • You do not have to be a US citizen, but you must be a permanent resident who is permitted to work in the United States.
    • You must have a valid Social Security Number.
    • Steady employment for the past 2 years (preferably but not limited to same employer).
    • No minimum or maximum income restrictions, but you must have an unchanged or increasing income for the past 2 years.
    • You have less than two 30-day late payments on your credit report listing.
    • If you have any bankruptcy filings, they must be more than 2 years old and you must have a perfect credit since the filing.
    • If you have any foreclosures, they must be more than 3 years old and you must have a perfect credit score since the filing.
    • Your current mortgage payments must be approximately 30% of your income before taxes.
    • You do not have any student loans currently in default.

    If you meet all or most of the above requirements, apply now to gain freedom from mortgage stress.

    Many people are intimidated by a loan process and are too overwhelmed to ask questions. Lenders count on this fact to benefit themselves, not always using the most ethical practices. For this reason, you must understand the requirements, and also be familiar with the steps that must be followed to ensure that your loan is approved and finalized in your favor.

    Here at FHA Lending Requirements, we have made a quick list below of the FHA loan process to help you understand and make this daunting process a bit easier. We are here to help you through every step of this loaning process to get you approved quickly and conveniently.

    • The documents you need will include a list of personal paperwork required to proceed with an FHA application. These documents are vital to successfully completing your loan process.
    • Displaying your income and earnings will also be necessary. Through this, you will be able to demonstrate that you are capable of managing a mortgage payment, which is one of the requirements for your loan.
    • FHA will need to know your history of debt management, though they are certainly not as strict about this history as you would find with other conventional lenders. Your credit will be a large factor which determines this capability to manage money and debt.
    • If you have any kind of savings or money set aside. this will tremendously help to display your ability to create seasoned funds. This will push the process along more smoothly.
    • Closing costs are required by all lenders, and include a transaction and documentation service fee. However, FHA works hard to regulate their costs, and keep them much lower for you.
    • Using debt to income ratios. FHA can determine if you will be able to handle the loan given to you. This will help to make your budgeting job easier, and will also help to establish the loan amount that would be best for you.
    • You will encounter a standard loan processing phase. while FHA goes through your paperwork and checks all of the information. If any problems do arise, this is the time when these issues can be quickly modified and resolved.
    • Your paperwork will then be sent to an underwriter. who will carefully review all of your documents and conclude if they meet the FHA requirements. At this point, if all goes as it should, your loan will be approved!
    • As with any kind of lending, delays can spring up now and then. However, 30 days is usually the standard for closing a loan.
    • Once you have decided on the home you want, a licensed professional who is certified by the FHA must appraise your house. This is a crucial part of the process, and will determine the final amount of your loan.
    • After one more review and your approval. the money can be transferred to you, and you can move forward with your home purchasing plans.
    • During escrow, you will set up an account which you will make monthly payments to. It is separate from your mortgage payment. Through this account, FHA can directly pay the property taxes and insurance which your home requires.
    • Once you have reached the recording phase. you are in the final step! Your documents will be signed and notarized, and sent to your future county to become public record.


    If you Have Bad Credit Can you qualify for a home mortgage loan? #litton #loan #servicing


    #home loans for bad credit
    #

    Can you qualify for a home mortgage loan with bad credit ?

    Can you get a loan AFTER a foreclosure, bankruptcy, or short sale?

    First, What is Your Credit Score?

    Every mortgage company in MN, WI, and SD uses a credit report to determine your credit worthiness. Upon reviewing your application and credit report, you are given a credit grade, and a determination regarding your loan s approval or denial. Lenders DO NOT give loans to people with bad credit anymore. If you are denied by a one lender, contacting 10 more probably won’t help.

    Click here for some general criteria used within the lending industry to determine credit.

    What credit score do I need for a home loan?

    Generally speaking, in today’s mortgage world, if your middle credit score is below 620 . it is very unlikely that you will qualify for home loan financing no matter what anyone tells you, or what you read on the internet. While many lenders say they will work with a score below 620, generally speaking, there are many other things on your credit report that will get you denied. Credit score alone does NOT a loan approval make.

    With a score below 620, you really should save yourself the hassle. Stop attempting to find mortgage loans, and work on improving your scores instead. Once you have achieved a 620 or higher score, feel free to apply for a home mortgage.



    Land Loans: What You Should Know #short #term #personal #loans


    #land loan
    #

    What you should know about land loans

    Dear Dr. Don,

    I’m interested in buying some land. I want to know what type of loan would be best for this. What is the name of such loans for land purchases? I will have money to use as a down payment, at least the required percentage anyway. How do I go about finding the best interest rate for a land loan? The amount I want to borrow is about $80,000.

    — Rachel Rancher

    Dear Rachel,

    When talking about land loans, one really is discussing something different from what people are accustomed to with home purchases and mortgages. The good news is that there are several avenues along which you can travel to your destination.

    For lenders, land loans are riskier because the loan’s collateral, the property, isn’t being used for housing, at least in the near term. That makes it easier for an owner to walk away and leave the lender stuck with the land. Because of that risk, down payments and interest rates are higher for land loans than for mortgage loans.

    Types of loans

    The type of loan you obtain depends on the property, as well as your plans for the land and the timing of construction. Even if you plan construction right away, make sure that the property is legally available for your planned use. Get the property professionally surveyed. The survey will identify the property lines, dimensions, any easements and access. Easements and access will influence the property’s value. Access will also influence your ability to get a loan. Check with local officials about zoning. If you want to build in an area not zoned for development, you will need to seek a zoning change to meet your needs.

    Once you are confident the land can be used as you plan, that’s when you seek financing.

    Before applying for a loan, check your credit score for free at myBankrate.

    Unimproved land, or raw land with no plans for improvement, is the toughest kind of property to borrow against. It is basically a speculative investment. Such raw land has no added improvements, such as sewers, utilities, streets or other structures. Even if you don’t have any immediate plans for the property, you’ll still owe annual property taxes.

    Did you say “raw land loan”?

    A raw land loan will have a higher down payment requirement and a higher interest rate than an improved property loan. Some lenders require a 50 percent down payment, but you should be able to find a lender that will require only a 20 percent down payment. A local lender that is familiar with the property may be more willing to work with you on the loan than a lender unfamiliar with the area. Many lenders treat raw unimproved land loans as commercial loans. If you find that’s the case with the property you want to buy, the repayment terms, how the interest is calculated and other lending terms will vary from those associated with a residential real estate loan.

    More On Loans:

    “smart spending”

    One strategy for you might be to use the equity in your primary home. Choosing from a cash-out refinancing, a home equity loan or a home equity line of credit, or HELOC, should aim to minimize total interest expense, including closing costs. The flexibility of these loans should give you time and an attractive interest rate while making decisions on improving the property.

    The government really can help

    If you are in a rural part of the country, the U.S. Department of Agriculture offers a program for low-income borrowers called Section 502 direct loans. These loans have relatively liberal lending terms and allow individuals to buy property with plans to make improvements needed to add a house to the lot.

    Improved property, zoned for your intended use, will be easier to get a loan for than unimproved property. Land purchased with immediate plans for construction is the easiest type of land loan to secure because the lender will be paid off when a mortgage is obtained on the structure. Beyond home equity loans, here’s a list of other options you can consider.

    Seller financing: If you are ready to build, the seller many be able to offer short-term financing. This often happens when builders purchase lots. Seller financing terms differ. It is always good to inquire about this type of transaction. If you do choose this path, I recommend that you have an attorney to represent you.

    Credit unions: If other options aren’t just right, a credit union is a good place to look for a land loan. They often offer competitive rates, but expect they’ll limit the size of land financed.

    Finally, getting loans on land without a plan will be difficult. Land loans are “story loans,” meaning the lender will need to understand the story behind the property, including your plans, before they’ll be willing to lend. A final option to consider is to work with a mortgage broker.

    Get more news, money-saving tips and expert advice by signing up for a free Bankrate newsletter .

    Ask the adviser

    To ask a question of Dr. Don, go to the “Ask the Experts ” page and select one of these topics: “Financing a home,” “Saving Investing,” “Senior Living” or “Money.” Read more Dr. Don columns for additional personal finance advice.

    Bankrate’s content, including the guidance of its advice-and-expert columns and this website, is intended only to assist you with financial decisions. The content is broad in scope and does not consider your personal financial situation. Bankrate recommends that you seek the advice of advisers who are fully aware of your individual circumstances before making any final decisions or implementing any financial strategy. Please remember that your use of this website is governed by Bankrate’s Terms of Use .



    Life After Bankruptcy: What You May Expect After Filing. #government #business #loans


    #loans after bankruptcy
    #

    After Bankruptcy

    Manage Your Finances AND Your Expectations.

    The truth is that bankruptcy laws were created to help consumers. After filing bankruptcy. you will likely feel relieved.

    However, many people who are thinking about filing are worried about what happens AFTER they file. They’ve heard all kinds of rumors, such as, “You can’t get credit for ten years after bankruptcy.” This is WRONG.

    What Happens After Bankruptcy?

    Shortly after filing bankruptcy, your credit may not be strong. However, your credit was likely not strong when you were dealing with the circumstances that resulted in your bankruptcy filing.

    Here’s what you can realistically expect after your bankruptcy discharge:

    • Unscrupulous creditors will likely flood you with offers of low-balance credit cards to help you “rebuild” your credit after bankruptcy. Unfortunately, many of these offers come with activation fees and membership fees that could push you near your credit limit before you’ve ever used the card. And then late charges and over-the-limit fees will kick in, putting you right back where you started: in debt and with late payments on your credit. So what can you do? Choose your new credit accounts with care. There are reputable lenders who will give you a chance to re-establish credit after bankruptcy. Don’t get so eager that you abandon your better judgment.
    • After bankruptcy, you won’t immediately be able to qualify for most conventional mortgages, car loans and the like (learn more about cars in bankruptcy so you know what you may expect when you file). For most people who file bankruptcy and then pay their bills on time, however, those loans will be within reach 2-3 years after discharge. So while bankruptcy won’t be a quick fix for helping you get a new, big loan it can help you achieve good credit standing in a fairly short period of time.
    • You may see a higher interest rate for your first few loans or credit accounts. Those rates are dependent on your three-digit credit score and those scores will be low right after bankruptcy. While bankruptcy may clear your debts, it won’t clear your credit history. However, negative items on your credit typically have less and less impact as they age. If you replace them with more recent, positive items, your credit score can quickly rise to good and even strong levels.

    The bottom line is that if you’re like most bankruptcy petitioners, not much will change right after your discharge–other than your eligible debts being gone.

    Discuss Life After Filing Bankruptcy with a Bankruptcy Lawyer

    Your credit was probably weak before you filed bankruptcy and it will be weak immediately after. Without those old debts hanging over your head, though, you’ll have the opportunity to start to rebuild your credit.

    In time, if you handle those early accounts carefully, your credit can be stronger than it was before you filed and you’ll begin to see not only more credit available, but lower interest rates and more favorable terms.

    If you have more questions about life after bankruptcy, a bankruptcy lawyer may be able to answer them. Click below to connect to a lawyer for free.

    Related Bankruptcy News and Information



    Loan Balance Calculator – Find out how much you owe on your loan. #poor #credit #auto #loans


    #car loan calc
    #

    Calculate your loan balance based on current payment, interest rate and remaining term

    What is the balance on my loan?

    Additional Information

    Credit and the Consumer

    While credit stimulates the economy, it does have to be used judiciously. Credit is not money. Derived from the Latin word for “trustworthiness,” credit is based on faith that the borrower will repay the debt with real money. One should not use credit in place of money when there is little or no likelihood that payment in real money will be made using credit without the intent or ability to pay is theft.

    Today, credit has become a business in its own right. Credit is issued by banks, savings and loans, credit unions, public utilities, and even merchants. According to the Federal Reserve, there was more than $2.5 trillion of consumer debt outstanding by late 2009 this is more than double the amount outstanding in 1994. This represents hundreds of billions of dollars in interest earnings to lenders. This is why credit card companies aggressively compete to get you to use their credit cards and services. The marketing is so aggressive that consumers may lose sight of the fact that this is not free money and make excessive purchases to the point where they find themselves in financial difficulty.

    What Are The Benefits Of Credit?

    Without credit, the global economic system would grind to a stop. Credit allows borrowers to immediately buy things they could not afford now. Most persons would not be able to purchase a house without credit. Most young adults do not have sufficient savings to afford the cost of even the most humble of homes. Yet, credit allows them to purchase a home that they can gradually pay off over time as their earnings increase. Without credit, many individuals would not be able to purchase an automobile. Credit also makes it convenient to make spontaneous purchases without the need to carry large sums of cash or checks.

    Businesses rely upon credit to manage their cashflow. Manufacturers borrow money to buy raw materials. Merchants buy goods on credit from manufacturers. Consumers buy goods from merchants on credit. Without credit, the process would slow to a halt.

    Responsible Use Of Credit

    While credit is very important to the economy, its abuse is harmful. Credit is extended with the faith that borrowers will repay the debt. Goods and services are provided on credit with the expectation that they will be paid for with money in the future. Credit makes commerce more convenient. When credit is abused, everyone loses. Credit abuse increases the cost of credit to everyone.

    One should never use credit to purchase things for which one will not be able to pay in the future. Many impulse purchases are made on credit with little thought given to how the debt will be repaid in the future. If one calculated the true cost of goods bought on credit, one would have second thoughts about making the purchase in the first place. Here is an example: a new television flat-screen HDTV model retails for $5,000. If purchased on a credit card with a 12% annual percentage rate (APR) compounded daily, and with minimum monthly payments of $166 paid over three years, it winds up costing over $5,980. Is it worth almost $1,000 more to have it now (furthermore, the retail price in 3 years will probably drop)? That is like going into a store that advertised “SALE–ADD 20% TO EVERY PURCHASE.”



    Variable vs Fixed Rate Student Loans – Which Should You Choose? #home #loan #interest #rates


    #interest rates on student loans
    #

    Variable vs Fixed Rate Student Loans

    8/11/2014 by Shawn Lindstrom in Student Loans Comments Off on Variable vs Fixed Rate Student Loans

    Understanding the basic concept of variable vs. fixed rate student loans if fairly simple.  A variable interest rate will change periodically over the term of the loan whereas a fixed rate will not.  The questions many borrowers face is, which is better?  Answering that question is more difficult than you might think at first.  Let s take look at the pros and cons of each, so you can make an informed decision about which type to choose for your student loans.

    Federal Student Loans

    To get started, let s talk briefly about federal student loans.  All federal student loans have fixed rates.  The rate is set prior to July 1st of each academic year and applies to loans made between July 1st and June 30th.  If you attend college for four years, for example, you may borrow four times during each of those academic periods.  Your rate on each of those four loans will vary, but will not change over the repayment term.  Essentially, you could wind up with four loans with different fixed rates, but for each of those loans, their interest rates won t change over the course of repayment.  When you enter repayment, you can also decide whether or not consolidating those loans in to a single loan with a fixed rate makes sense.  Your fixed rate on a federal consolidation loan is the weighted average of the rate on the loans to be combined.  Don t be scared off by the term weighted average.  It just means that the rate on your higher balance loans will count more toward determining the average.  To learn more about federal student loans, and the current fixed rates, see: Federal Student Loans.

    Private Student Loans

    Now that we have federal loans out of the way, let s discuss private student loans.  Most lenders today are offering both variable and fixed rate student loans.  The LoanFinder (our tool that helps you compare student loans ) only includes variable interest rate programs.  We do this because it s a bit less confusing for borrowers when they are first evaluating their options.  However, depending on your particular situation and comfort with risk, a fixed rate option  can make sense.

    When comparing one program s variable rate to its fixed rate, the first thing you ll notice is that the fixed rate is always higher.  Since student loans are repaid over a relatively long period of time, lenders set rates such that if they do increase in the future, they aren t losing out on the margin they could earn had the loan been variable.  In essence, when you choose a variable rate, you are betting that interests rates won t rise substantially during the repayment term.  If you choose a fixed rate, you are betting that rates will increase.

    So, how do you know if interest rates will increase?  The truth is, you can t know.  You can, however, weigh the relative odds that a variable rate loan will increase simply by looking at the trend of the rate instrument that underlies your loan s interest rate.  For example, we can look at a relatively long history for the Prime Rate or for the 3- or 1-Month LIBOR rates.  These are what we d call base rates.  When you look at a lender s repayment examples or disclosures, they will tell you that the rate is based on, for example, the 1-Month LIBOR plus a margin that can range from X Y depending on how qualified a borrower you are.  Let s take a look at a common base rate like 1-Month LIBOR and see where it has been and where it seems  to be going:

    Data courtesy of forecasts.org

    As you can see, in the case of 1-Month LIBOR, rates have been falling for the most part subsequent to the financial and credit crisis of 2008.  However, if you look closely, you ll see that they are once again beginning to rise.  The trick here is that a lot have changed in the short course of the past five years.  When thinking about the repayment term of a private student loan, it may be 5, 10 or even 15 years in length.  The point is that no one can predict the future and the best quote I ve ever heard about interest rates while they have been historically low is that they have nowhere to go but up.



    Wedding Loans – Choosing The Right Option For You #loan #calculator #uk


    #wedding loans
    #

    Whatever you need a loan for, our Smart Search can help:

    SECURED LOANS: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE, LOAN OR ANY OTHER DEBT SECURED ON IT.

    Wedding loans guide

    A wedding is a joyful occasion (or should be!). But, as all recently married couples know, it can also be a very expensive one.

    Most weddings nowadays cost between 18,000 and 22,000, so it is hardly surprising that a lot of loved-up couples need to borrow to cover the cost of their nuptials. A low-interest personal loan is one of the easiest and most convenient ways to fund your big day.

    But is it the right way for you? Here is a quick guide to the pros and cons of using a loan to pay for a wedding, as well as some tips on finding the best deal and a few alternative suggestions.

    Advantages of a wedding loan

    While most people are able to put some money towards the cost of getting married, the average cost of about 20,000 is out of reach for many couples. A personal loan offering the chance to borrow up to 15,000 over five years, for example, is a popular means of making up the shortfall.

    You can currently borrow between 7,500 and 15,000 at an interest rate of around 5%. This makes a loan of this kind a relatively cheap way to access extra funds to cover the cost of your wedding.

    Another benefit of taking out a personal loan is that your payments are fixed so you can budget accordingly. You can also choose a loan with a term of between one and five (or at least three) years.

    Repaying the loan within a shorter timeframe (if you can afford to) means you will pay less interest overall. A longer timeframe means a higher total interest bill, but each monthly repayment will be smaller (there ll just be more of them).

    What s more, you can sometimes take a payment holiday of say two or three months at the start of the agreement, giving you a bit of financial breathing space if you need it as you settle into your new life of married bliss.

    Disadvantages of a wedding loan

    A wedding loan with an interest rate of 5% or thereabouts is a very attractive proposition. However, the rates available for those needing to borrow under 7,500 or more than 15,000 generally tend to be higher.

    Lenders take your credit score into account when deciding what interest rate to charge you and how much you can borrow. If you have a poor credit history, this might mean you are unable to borrow at the market-leading rates.

    Only people with high credit scores will be accepted for the best deals, while those with black marks will be offered a higher interest rate or refused credit altogether.

    If you are unsure about your credit score, it may therefore make sense to sign up for a free credit file checking service before applying for a wedding loan especially as rejected applications will further damage your file.

    Remember too that many of the top personal loan deals also require you to fulfil certain criteria for example being a supermarket rewards cardholder to qualify for the headline interest rate.

    Alternatives to a wedding loan

    Many of the top credit cards available today offer 0% for an introductory period on balance transfers or purchases or, in some cases, both. If you are disciplined enough, you can therefore borrow the money to pay for at least some of your wedding completely free of charge.

    This is a great option for anyone needing to borrow a smaller amount particularly given the higher interest rates on personal loans of under 7,500.

    Borrowing on a 0% credit card can prove very costly if you get it wrong, though. Not only do you have to remember when the 0% deal comes to an end to avoid being hit with double-digit interest charges, the fact there are no fixed monthly payments can make it harder to manage your repayment plan after the big day. Discipline is required!

    Finding the right wedding loan

    Whatever type of loan you choose, shopping around for the cheapest deal is the best way to ensure that you pay as little as possible for credit.

    You can do this quickly and easily by using the MoneySupermarket loans channel to compare hundreds of different loans from a wide range of lenders.

    The Help me find a loan tool can speed up the process of finding the best deals for your individual circumstances even more all you have to do is enter a few details such as your name, your annual income and the amount you want to borrow.

    Moneysupermarket is a credit broker this means we ll show you products offered by lenders. We never take a fee from customers for this broking service. Instead we are usually paid a fee by the lenders though the size of that payment doesn t affect how we show products to customers.



    What Do You Need to Get a Personal Loan? #short #term #loan


    #need a loan
    #

    What Do You Need to Get a Personal Loan?

    Banks aren’t the only place where you can get a personal loan.

    Good Credit

    In almost every case, you will need good credit to get a personal loan. Whether you choose to go through a bank or a peer-to-peer lending network, having good credit is the only way a lender can determine whether or not you will pay back the loan. Those with poor credit histories have not proven that they can or are willing to pay money back on time, or at all.

    Collateral

    Collateral is often required in order to secure a personal loan. Collateral is something you own that has value that, essentially, a lender can take and sell if you can’t pay back the loan. Certificates of deposit, real estate, savings accounts, stocks, jewelry and other items are often used to secure a cash loan. In the case of someone looking to improve or clear up credit issues, often a bank will allow the applicant to put money in a savings account and then give a loan for an amount equal to or less than the amount in the savings account. The bank then automatically deducts payments, and the loan is listed as being paid on time on a credit report.

    Proof of Income

    When applying for a loan, whether secured or unsecured, the lender will need to see how much money you make. This helps the lender determine if the amount you requested for the loan is a reasonable amount to expect you to be able to pay back each month. You will need to provide your lender with several paycheck stubs, and possibly an income tax return. In some cases, the lender may call your Human Resources Department at your job to verify you work there. If you are self-employed, you may have to supply proof of your income.

    Additional Information

    You will also need to provide your lender with proof of your residence and proof of your age. No one under the age of 18 will be allowed to borrow money, except from family and friends. You will likely also need to provide your bank account information.



    What Happens to Your Car Loan if You File Chapter 7? #consolidation #loan #calculator


    #bankruptcy auto loans
    #

    Car Loan Chapter 7

    One common question many potential bankruptcy filers have is what will happen to their car loan in a Chapter 7 bankruptcy. And it’s an important question: many people need to keep their cars in order to keep working.

    Every case is unique. Speak with a bankruptcy lawyer right now about your car loan and potential Chapter 7 bankruptcy filing:

    Car Loans and Chapter 7 Options

    If you decide to file for personal bankruptcy, there are generally three options for determining how to handle a car loan in a bankruptcy. Specifically, these car loan Chapter 7 options include the following:

    • Renewing the loan: The first choice is to re-commit to the car loan you currently have. This involves confirming with your lender that you plan to continue making payments as usual for the duration of your Chapter 7 case, and beyond. In general, this should work for people with affordable car loans who need their cars for transportation to and from work and have no other reasonable option (such as public transit or a bicycle).
    • Redeeming the vehicle: A second option for a car loan in Chapter 7 bankruptcy may be to pay to your lender a lump sum for the value of your car that remains to be paid. Note that you may not have to pay the entire remainder of your loan, only your car’s current value. This can be a long-term savings measure (as you’ll escape paying some interest), but some filers may not have the means to make such a lump payment.
    • Surrendering the car and loan: A third option for dealing with car loans in Chapter 7 is to surrender both your vehicle and what you owe. In other words, you would give the vehicle back to your lender and no longer owe anything on your loan. For someone has an alternate form of transportation, this may be a workable solution, as it could save the expense of both paying for and maintaining a car.

    You can discuss these options with a bankruptcy lawyer before making any decisions. You can also ask your lawyer whether Chapter 7 is the best option for you given your situation. Some filers may find that Chapter 13 bankruptcy provides a more workable solution for handling their automobile loan.

    Connect with a Bankruptcy Lawyer Today

    So how can you determine which option could work best for your finances? No two bankruptcy cases are the same, so you may want to consult with a bankruptcy lawyer about how to best handle your car loan to improve your financial situation. If you’re ready to figure out how to handle your car loan in Chapter 7 bankruptcy, you can connect today with a bankruptcy lawyer practicing in your area .

    This is for informational purposes only and is not legal advice. For legal advice on your particular situation, speak to an attorney in your area.

    Similar Bankruptcy Topics



    7 Federal Student Loan Payback Plans: What You Need to Know #unsecured #loans


    #student loans payment
    #

    7 Federal Student Loan Payback Plans: What You Need to Know

    Posted on Nov 8, 2013

    In October, the Department of Education began contacting borrowers who were struggling to pay back their student loans to let them know about the various repayment options that are available to them.

    “We think there are lots of people who could benefit from our income-based repayment programs, but they haven’t signed up—and we want to get to them before they default,” education secretary Arne Duncan said recently. “The challenge is getting the word out.”

    Although most borrowers choose to repay their loans on the standard 10-year plan, other options, like those based on income, can make repaying student loans easier on the wallet—and lower your risk of default. Last year, about 600,000 borrowers defaulted on their loans, an action that has the potential to tank their credit reports and get them in major financial hot water.

    So here s the word: Whether or not you already have a repayment plan, keep reading to find out if another offering might be better for you. Just note that these programs are only available for federal loans—not private—and eligibility for each one depends largely on the types of loans you have, so consult our learn more link for each of the seven plans highlighted below for more information.



    What Is Home Equity? What can you Use it For? #pay #day #loans


    #home equity loan
    #

    What is Home Equity?

    By Justin Pritchard. Banking/Loans Expert

    Justin Pritchard helps consumers navigate the world of banking.

    Home equity is your share of the value of your home. It’s what you truly own and have an interest in. When calculating your net worth and getting a loan, home equity is important to understand. It’s not always easy to use home equity, but it’s still an asset.

    An Example

    Assume you bought a house for $200,000, made a 20% down payment. and got a loan to cover the rest. In this example, your home equity interest is 20% of the home’s value: the home is worth $200,000 and you contributed $40,000 – or 20%. You own the home, but you really only own $40,000 worth of it.

    It might be easier to think about home equity in terms of what you owe instead of what you’ve contributed. Prices change over time. You can figure out how much home equity you have by subtracting any money you owe from the home’s value.

    The home is worth $200,000, but you owe $160,000. The loan balance is 80% of your home’s value, so the remaining 20% is your home equity.

    Now assume your home’s value doubles (unlikely, but it’ll keep the numbers simple). If it’s worth $400,000 and you still only owe $160,000, you have a 60% equity stake. Your loan balance hasn’t changed, but your home equity increased.

    Building Home Equity

    As you repay your home loan, your home equity generally increases. With each monthly payment, you pay a little bit of interest and you reduce your loan balance.

    Continue Reading Below

    Over time, more and more goes towards your loan balance – increasing your home equity interest at an increasing rate.

    As the previous example showed, you can also increase equity if the value of your home increases.

    What is Home Equity Used For?

    Equity is an asset, so it’s a part of your total net worth. You can spend it someday if you need to. You might use it to buy your next home, to fund your retirement, or to pay for a child s education. It’s a large and important asset, so choose wisely.

    When you get a second mortgage, you borrow against your home’s equity (second mortgages are also known as home equity loans ). It’s nice to have a large pool of money to draw from, but home equity loans can be dangerous. Your home serves as collateral for these loans. If you can’t repay, your lender can potentially foreclose and you d lose your home.

    In the 2008 mortgage crisis, some people found that they relied too heavily on home equity: as equity increased, borrowers withdrew as much of it as they could in the form of cash. Unfortunately, equity from price appreciation can evaporate just as easily as it materializes. It s risky to scrape out as much as you can from your home s value.



    We – ll get the best possible deal for you. #jumbo #loan


    #bridging loans
    #

    Welcome to Bridging Finance

    What Is Bridging Finance

    Bridging Finance is a money advance. For example :

    • funds that are due to you from a property transaction, pension, provident fund or other
    • the conversion of property equity  (value) into cash
    • the facilitation of trade transaction normally by means of a cash advance  or a guarantee
    • lawsuit finance on the No Win – No Fee basis

    Bridging Loans allow you to take advantage of a current opportunity or to settle debts

    There are two main elements which apply to bridging loans and finance :

    Contacting Us

    We are a facilitation service and cannot provide advice to clients.

    All enquiries are automatically directed to a specialist credit provider.

    If your application is successful, we are paid a fee by the lender which is included in your loan provided.

    How Does This Work?

    You are requested to please fill in the correct enquiry form on the specific category of finance you require.

    Note: Select the correct category, click “APPLY HERE”, fill in the enquiry form, submit and then your enquiry will go to the appropriate credit provider / lender, who will make contact with you IF they feel they are able to assist.

    If no one makes contact with you, the credit provider is unable to assist you.

    If you select the incorrect category, the enquiry goes to the wrong lender and they will decline the application

    PLEASE SELECT THE CORRECT PRODUCT SOLUTION, TO ENSURE YOUR ENQUIRY RECEIVES ATTENTION.



    Quicken Loans YOU – RE THE BOSS Sweepstakes #help #loan


    #quick loan
    #

    How Sweet It Is! Susan Honey Is The Boss!

    After months and months of buzz, we’re ecstatic to announce the winner of the Quicken Loans YOU’RE THE BOSS Sweepstakes!

    Mrs. Susan Honey of Ohio!

    Susan and her husband are flying to Kannapolis, NC, home of Stewart-Haas Racing, from October 11 – 13.

    Over those three magical days, they will:

    • Experience a race weekend with the team;
    • Tour the SHR shop;
    • Receive a complete clothing makeover including SHR caps, clothes, and team jackets;
    • Enjoy a meal with both Ryan Newman and Tony Stewart;
    • Score a prize pack that includes a race-worn firesuit; and
    • Collect $10,000 in cash.

    Congratulations, Honeys!

    Sign up for email updates

    As we speak, the brain trust of Quicken Loans Racing is locked away, formulating future sweepstakes. To stay as up to date as possible, sign up for email updates!



    Private college loans: 7 things you need to know – CBS News #interest #free #loans


    #school loans
    #

    Private college loans: 7 things you need to know

    • Lynn O’Shaughnessy
    • MoneyWatch

    Mar 27, 2012 4:53 PM EDT

    CD Close

    iStockphoto

    (MoneyWatch) If you have to borrow for college, the best college loans are the ones available through the federal government, which provide the same student loan rates and terms for everyone.

    If you are interested in pursuing private college loans. you need to proceed carefully. Here are seven things you need to know when shopping for private loans.

    1. Turn to credit unions.

    Credit unions, which are newer players in the private student loan world, almost always provide better interest rates. Ironically most people stick with the well-known lenders even though their rates are typically higher. You can look for college loans at credit unions through cuStudentLoans .

    2. Check for schools that have their own credit unions.

    If your school is affiliated with a credit union, check its rates. Here are institutions that have a credit union:

    Harvard University

    University of Chicago

    Amherst College

    Hampshire College

    Mount Holyoke College

    University of Wyoming

    MIT

    University of Kentucky

    Princeton University

    California State University system

    Eastern Iowa Community Colleges

    Canada College

    3. Apply for multiple loans.

    At AllTuition. a private college loan comparison site, parents research many loans, but rarely apply for more than one. Unfortunately, borrowers won’t know what rate they qualify for unless they apply. It’s well worth the effort.

    “A family taking out a $12,000 private loan is paying $5,000 more in interest because the parents aren’t taking 30 minutes to shop and they only complete one application,” says Sue Kim, Alltuition’s CEO.

    4. Don’t assume you’ll get the lowest rate.

    The teaser rate on private loans can look much more attractive than federal college loans. For instance, the interest rate for the federal PLUS Loan for Parents is 7.9 percent vs. some advertised rates of 3.5 percent or 4 percent. Mark Kantrowitz. the publisher of FinAid. however, estimates that fewer than 5 percent of borrowers capture the best rate.The difference between the lowest rate and the highest rate at an individual lender can be huge.

    5. Use loan search engines.

    Here are three online tools to find private student loans:

    6. Ask the right questions.

    Before committing to a private loan, ask these questions:

    1. What is the interest rate?

    2. Is the rate fixed or variable?

    3. Is there an interest-rate cap?

    4. What is the total cost of the loan?

    5. Does the loan have borrower rewards?

    6. What are the student loan deferment options both during and after school and are there any hardship waivers?

    7. Are there any additional fees?

    8. How difficult is it to consolidate loans and cut interest rates after graduation?

    9. Does the loan offer penalty-free pre-payments?

    10. How long is the grace period?

    11. What are the borrowing limits?

    7. Borrow responsibly.

    Don’t borrow too much. Sure, college is a great investment, but you don’t want to hamstring yourself by graduating with too much debt. It’s much easier to borrow too much through private loans because they have higher borrowing limits.

    Use the student loan calculator at Mapping Your Future to estimate how much your repayments will be.



    Personal loans 101: How to get the money you need #business #funding


    #where can i get a loan
    #

    About

    With credit card interest rates soaring as high as 30%, people continue to look for alternatives to credit cards, especially when an emergency comes up. Personal loans can be a good option, but only if you have a good credit score ; otherwise, the rates can be even higher than credit cards.

    Just what can you use a personal loan for? Essentially any cash needed, including credit card payoff, debt consolidation, education, training, home improvement, car financing, business needs, vacation expenses, major purchases, wedding expenses, moving costs and medical expenses.

    But be careful out there: If you’re not absolutely sure about what you’re getting yourself into, personal loans can cost you big time. Interest rates, especially from places like the ones that offer payday loans. can be as high as 300%, so be certain you understand the terms before you sign on the dotted line.

    Loan basics

    There are essentially two types of personal loans: secured and unsecured. Secured loans generally offer lower interest rates than unsecured loans, but you must put up something for collateral, such as your house, your car or your boat. If you don’t pay off the loan, you can lose that collateral, so tread carefully if you’re asked to secure the loan.

    Unsecured loans are commonly known as “signature” loans. Essentially, the bank or other institution will loan you the money with just your signature. You can probably get more money and a lower interest rate with a secured loan, but do you really want to put an asset at risk? That’s one of the key questions you need to ask yourself before applying for a personal loan.

    The next thing to determine is just where you’re going to get a loan. Banks and credit unions offer loans, and those should be your first stop. You can start by calling your own bank and finding out their personal loan terms. That way you know what the ballpark is for personal loans.

    Also, if a you have good, long-term relationship with your bank, they know you as a customer and should be more willing to consider a “signature” loan. Just to be sure you’re getting the best rate, call other banks and credit unions in your area. Since the market for personal loans is very broad, you definitely need to shop around to be sure you’re getting the best offer.

    One word of advice: When you start checking on rates, don’t put in an application until you’ve made your choice of lender. Although your lender will likely tell you it can’t give you a rate until after you formally apply, you should try asking for a range of interest rates. You also should ask what credit score the bank or credit union requires to get the best rates.

    But why shouldn’t you just apply to see what kind of rate you’d get? For a very good reason: When you apply to a bank, credit union or other lender, the lender will check your credit score. Every time your score gets checked, the inquiry could result in a lower FICO credit score, which means that every time you apply for a loan, the next bank will discover a lower credit score for you than the one before, and so on and so on and so on. And the lower your score, the worse the rates are that you’ll be offered.

    After getting an idea of the type of rates you’d get from a bank or credit union, your next step should be to check out one of the peer-to-peer lending websites, such as Lending Club or Prosper. You may find you can get your best interest rate offer from one of these sites. Essentially, by going with one of these sites, you’re cutting out the bank and borrowing from peers — investors will put up the cash that you borrow.

    At both the Lending Club and Propser, you can borrow up to $25,000 for personal loans, business loans or student loans — pretty typical for the industry — but you still need a pretty good credit score. With Lending Club, for instance, your credit score must be 660 or above, and with Prosper, you must have a credit score of 640 or above. As with banks and credit unions, the interest rate you’ll be quoted will be based on your credit score; the better your score, the lower the interest rate.

    What kind of rate can you expect? At Lending Club, interest rates run between 7.93% and 25.07%. Prosper offers loans from 7.5% to 35%. Both websites require payback in full in three years. You’ll also need to pay an origination fee. For the Lending Club, that’s 2.25% to 4.5% of the total amount of the loan. Prosper charges between 0.5% and 3%.

    Not sure what your credit score is? You can get it for free at CreditKarma.com. If your score isn’t at least 640 or above, you’ll likely find it very difficult to get a personal loan at a decent rate. If you find your credit score is lower than that, take the time to order a free copy of your credit reports at annualcreditreport.com and see whether there are any errors on your credit report that could be affecting your score. If you find errors, correct them as soon as possible (my book, “The Complete Idiot’s Guide to Improving Your Credit Score ,” offers extensive ideas on how to clean up your credit report and improve your score).

    Once you’ve corrected any errors on your credit report, check your credit score again. A higher score could just get you the loan you need to pay off your debts and get you back on track to financial fitness.

    Lita Epstein has written more than 25 books including “The Complete Idiot’s Guide to Improving Your Credit Score” and “The Complete Idiot’s Guide to Personal Bankruptcy.”



    Mortgages With Low Rates, Find The Home Loan For You #unemployment #loans


    #low rate loans
    #

    Loan Options

    Mon to Fri 8:30AM-5:30PM CST

    Check out some of our most popular loan options:

    The 30 year fixed rate mortgage is one of the most popular and secure home loan options available, especially if you want your monthly payments to be low and never change. Apply now for a 30 year fixed rate mortgage.

  • 15 Year Fixed Rate Mortgage
    If you re looking to save thousands in interest expense and you want to own your home quicker versus a 30 year fixed rate mortgage, a 15 year fixed rate mortgage could be good for you. Plus, your payment and interest rate will never change during the term of this mortgage. Apply now for a 15 year fixed rate mortgage.
  • Adjustable Rate Mortgage (ARM)
    Take advantage of the lowest rate available with an adjustable rate mortgage! It s a great loan option if rates are on the decline or you re staying in your home for a short time. Apply now for your ARM.
  • FHA Loan
    Offering loan flexibility and rate security if you want it, an FHA loan is an easy way to get a new home loan. Downpayments can be as low as 3.5%. Apply now for your FHA loan.
  • VA Loan
    With relaxed credit standards and low down payment options, the VA loan is geared specifically to help veterans and military personnel get a mortgage and own a home. Apply now for your VA loan.
  • Jumbo Loan
    If your home loan amount exceeds the current conforming loan limit (in most cases $417,000), a Jumbo loan is likely a good choice for you. Jumbo loans can be of the fixed or adjustable variety. Apply now for a Jumbo loan.
  • Interest Only Mortgage

    An interest only mortgage is great if you are interested in the lowest possible monthly payment for an initial period of time. Apply now for an interest only mortgage.

  • Looking for additional information about your home loan options?

    Should you get a Fixed or an ARM. See what the differences between the two home loan choices are and which one fits better for you.

    Want to know more about the mortgage process or how to save money by refinancing? Check out our free e-books, Demystifying the Mortgage Process and “Time to Refinance Your Mortgage? The Five Most Important Questions to Answer.” The e-books are jargon-free and help you through the process, whether you’re a prospective home buyer or looking to get a lower mortgage rate by refinancing. Submit your loan inquiry and Download it now for free.

    If you re not sure which loan option is right for you, call us at 1-866-934-7283  or find a friendly, home loan expert near you, and we ll be happy to help you.



    Loans for People on Benefits – Payday Cash Help for You #consolidation #loans


    #loans for people on benefits
    #

    Payday Loans for People on Benefits

    Warning: Late repayment can cause you serious money problems. For help, go to   moneyadviceservice.org.uk

    Though, any disease or accident does not take place before any intimation, it really becomes a cause of distressful life for that person goes through such unfortunate happening. He certainly gets fiscal support from UK government but such help does not prove adequate for his requirements. So, what does he need to do? Nothing too much as Loans for people on benefits is a best monetary arrangement available in UK finance market, offers payday money to persons are in trouble because of physical or mental disabilities and any sort of accident or sickness etc.

    What Is Our Job?

    Since, we are only a registration service provider company, we can neither commit about approval nor we claim that how much amount an applicant would manage of obtaining from any money lending firm. No one has to pay any fee amount to get his sign up done on our web site. This few minutes online procedure is conducted during weekends or festival period also. Our office forwards the details of applicants to numbers of reputed fiscal groups.

    How to Complete Submission Formality?

    There is no paper formality take place. One has to fill only correct individual details in an application form. He is asked to provide the records such as name, age, address, job profile, salary and bank account number. This is how he goes through submission process.

    Do You Meet Eligibility Criteria?

    One has to essentially get aware of all the eligibility standards for submitting an online application. All the eligibility norms are mentioned below:

    • He must be 18 years or above.
    • He must have a residence in UK.
    • He must be an employee with regular monthly salary.
    • He must be an account holder in UK.
    • He must be getting funds from depart of social security.

    Utilize the Funds Going By Your Desires

    Any deserving applicant receives the funds within few hours from getting his registration completed. He is not supposed to inform his money lender before withdrawing his loan amount into his bank account. He can use his sanctioned money by anyhow. He does not require the permission of his financer for doing the same. It definitely allows him fulfilling any of the purposes like paying medical or grocery bills, getting home renovation done or buying any household accessory etc.

    How Much Is Offered By Fiscal Companies?

    Money lending firms are supposed to assess all the risk factors before approaching the applicants. Lenders are smart enough to analyze the repayment capabilities of every applicant and they always stick to an outcome of their analysis. As far as payday loans for people on benefits are concerned, the maximum amount is sanctioned by companies is 1000 pounds for one month of repayment period.



    If You Have Really Bad Credit You Can Apply Here For Loans #land #loan


    #need a loan with bad credit
    #

    If You Have Really Bad Credit You Can Apply Here For Loans

    If you have failed to keep track of your income and expenditure, it’s highly probably that you’re one of the hundreds of Americans who find themselves with bad credit. Debt, like death, is a certainty in the lives of everyone; however, insurmountable debt only happens to people who take their spending for granted.

    Debt can seriously damage your credit history, not to mention your reputation. Most people who suffer from debt experience numerous rejections from money-lending firms everywhere. Financial institutions are wary of people with debt and are hesitant to help them in their time of need. That is why most people who are already in debt remain in debt.

    You don’t have to go through this kind of credit dilemma. These days, you can readily find loans available to people like you who have really bad credit. These loans, aptly referred to as really bad credit loans, will help you get through the tough times, times when emergencies arise and cash just isn’t anywhere to be found. Indeed, really bad credit loans are the answer you’ve been waiting for.

    Companies or websites that offer really bad credit loans have almost similar requirements that you need to satisfy before your loan can be approved. These requirements, while forgoing your bad credit history or low credit score, usually just include age and, sometimes, proof or documentation on income, among others.

    Firms dedicated to helping people with really bad credit and offer really bad credit loans normally provide debt consolidation as one of the features of their services. Through debt consolidation seminars or manuals, you can gain information on how you can free yourself from debt and start anew.

    Like any other kind of loan, however, really bad credit loans have to be paid back. People with really bad credit are often overjoyed and excited at the prospect of being lent money despite their bad credit history that, once again, they forget about their obligation to pay back the loan. If you’re not careful, you could end up in even greater debt than when you first started.

    There are different ways with which you can repair your credit history and clean up the credit mess you’re in. To make sure you pay back your really bad credit loans and to reduce the amount of debt you owe in general, it’s highly recommended that you stay away from borrowing big amounts of money for the time being.

    If there is no real emergency, then learn to scrape by with what you have. It’s also best if you ask for help from a financial advisor or consultant, free of charge if possible. This way you can get sound advice on how to fix your credit from someone who’s an expert on the subject.

    Live a life free from debt. Practice good spending habits and learn monetary responsibility. Avail of one of the many really bad credit loans in the market and start taking control of your financial situation right now.



    How To Get A Student Loan When You Have Bad Credit #financial #aid #loans


    #need a loan with bad credit
    #

    How To Get A Student Loan When You Have Bad Credit

    While you would have had to be very busy to ruin your credit before even starting college, it can still happen.

    This is especially true if you take a few years off before going to college.

    Regardless, there are student loan options that will get you through college in spite of your previous credit blunders.

    No reputable  lender willingly advertises loans to borrowers with bad credit. However, “bad credit” may refer to borrowers with little or no credit history as much as it may apply to those with poor credit records. Student loans that require no credit check are extremely limited. Source

    Here are some bad credit student loan options that you should look into

    The Stafford Loan is a federal loan that s based on your need, not on your credit rating.

    To apply for a Stafford Loan you must first fill out a financial aid form (FAFSA) because your school must determine that you have a financial need.

    You must be a legal citizen or legal resident of the United States, must be accepted into a college and enrolled (or plan to enroll at least part time), and must not have defaulted on a previous student loan or owe any refunds from a previous education grant.

    The Stafford Loan is issued directly to your school, and you need to reapply each year.

    The Perkins Loan is a federal loan that is awarded through your school.

    You may receive a monetary loan or work study job based on eligibility.

    Loans are awarded based on need and the program you are enrolled in (such as a teacher certification or professional credentialed program).

    Past payment history on previous student loans is taken into account before awarding a Perkins Loan.

    In selecting Perkins Loans recipients, a school must consider evidence of a borrower s willingness to repay the loan. Previous delinquency, default, or other failure to meet repayment obligations on a previous loan is evidence that the borrower is unwilling to repay other loans. Source

    Loans For Disadvantaged Students

    There are several smaller loan programs that give money to students going into certain medical fields.

    One example is the Nursing Student Loan . Approved students receive low-interest rate loans in order to complete their degrees. Participating schools select recipients and determine the amount of aid the student needs. To apply for this type of loan you must attend a school that participates in this program. You must also be from a disadvantaged background, and you must be a legal U.S. citizen or resident.

    Another example is the Primary Care Loan  which is for students who are training to be primary care doctors. Medical students must enter and complete residency training in primary care within 4 years after graduation and practice in primary care for the life of the loan. Your school determines your eligibility.

    Student Loans Based On Need

    Let s not forget the availability of scholarships and grants which give you free money for college based on need.

    Students must be able to demonstrate financial need and (for some loans and grants) meet specific criteria.

    Needy students should always start with the Federal Pell Grant when looking for money for college.



    How to Get a Loan When You Have Bad Credit #auto #loan #calc


    #get a loan with bad credit
    #

    How to Get a Loan When You Have Bad Credit

    Steven Tumulski 10/23/14

    Once you have bad credit, it might seem like you’ll never be approved for another loan again.

    While this is partially true, there are a number of things you can do to put yourself in a position where you will be approved. They’re not always instant, cheap or guaranteed, but they always work.

    1. Apply for a loan regardless of your credit score

    Many people think their credit is so bad that they can’t possibly be approved for a loan. Don’t fall prey to this mindset.

    Before you move on to the other types of loans listed below, check out your credit score and credit reports. Once you have this information handy, check on the requirements for any loan before applying.

    If you can’t find them, call the lender and discuss the qualification criteria. In some cases, you won’t get a definitive answer. However, this shouldn’t stop you from applying for at least one or two loans before you assume your credit is too poor to qualify for a traditional line of credit.

    You may be surprised to find out you can get approved for a credit card or loan with reasonable interest rates and no fees, even though you feel your credit score is embarrassingly low.

    2. Use a secured loan

    Secured loans are those where you provide a form of collateral as a guarantee you’ll repay your loan as agreed. There are several forms:

    1. Secured loans with cash
    2. Secured loans with property as collateral (such as a car or real estate)
    3. Secured credit cards

    In all cases, the value of whatever you provide as collateral will almost always need to be equal to the line of credit you’re applying for.

    There are some exceptions to this rule, though. If your credit is above 600, you may only be required to provide collateral that equals a portion of the total value of the line of credit.

    If your score is below 500, you may be required to provide collateral that is equal to more than the value of the line of credit. In most cases, if the value of your collateral is greater than that of the line of credit, you’ll usually be reimbursed the difference if you find yourself unable to fulfill your obligations.

    However, secured credit cards are usually the exception to this rule, and missing even a single payment can result in the full forfeiture of your security deposit, as well as the closing of your line of credit.

    If you’ve used any form of property as collateral and fail to make your payments, then the bank will seize your asset.

    If it’s sold for less than the amount you owe, you’ll be required to come up with the difference. If it’s sold for more, the bank is usually required to give you the difference.

    “Improving your credit score now will

    help you open a line of credit in the future.”

    3. Use a co-signer

    Cosigners are typically required for those with no established credit history or those with bad credit.

    Typically speaking, your interest rates will be based on your credit score, even if your cosigner has absolutely perfect credit. This is known as “the cost of bad credit,” and there’s little you can do to get around it.

    When choosing a cosigner, it’s best to find someone with very good credit to increase your chances of being approved for the loan. If your cosigner’s credit score is only marginally higher than yours, then it’s unlikely you’ll be approved at all.

    Many people make the mistake of asking someone with worse credit than their own to cosign a loan, even though it may seem like common sense to avoid this. When you do, you’re going to be denied for the loan.

    4. Seek out bad credit loans

    There are a number of banks that specialize in providing loans to those with bad credit. The interest rates are always high and the penalties for missing a payment are always severe.

    However, if you know you’re able to be responsible with your commitments, they can serve as a platform from which you can escape the penalties of having bad credit.

    Many of these lenders don’t even run a credit check. They automatically assume the worst. Before you turn to them, be sure to try working with a cosigner or opening a secured line of credit if you can afford it.

    The long-term expense of either of those options is almost guaranteed to be lower than a loan designed for those with bad credit .

    5. Boost your credit score

    Any action you can take to improve your credit score will help you open a line of credit in the future. In some cases, you can boost your score by a few hundred points in just a few short months, opening the doors to approval for loans with favorable terms.

    Photo source: incometherapy.com.



    Student Loan Forgiveness (and Other Ways the Government Can Help You Repay Your Loans) #housing #loans


    #student loan forgiveness
    #

    Student Loan Forgiveness (and Other Ways the Government Can Help You Repay Your Loans)

    Here’s a question a lot of people may be wondering … Is it really possible to have my federal student loans forgiven or to get help repaying them?

    The answer is: Yes! However, there are very specific eligibility requirements for each situation in which you can apply for loan forgiveness or receive help with repayment. Loan forgiveness means that you don’t have to pay back some or all of your loan. You never know what you may be eligible for, so take a look at the options we have listed below. The first three options focus on loan forgiveness programs. The next two options are government programs based on your service.

    If you teach full-time for five complete and consecutive academic years in certain elementary and secondary schools and educational service agencies that serve low-income families, and meet other qualifications, you may be eligible for forgiveness of up to a combined total of $17,500 on certain federal student loans. Get the details about Teacher Loan Forgiveness here .

    1. Public Service Loan Forgiveness (PSLF)

    If you work full-time for a government or not-for-profit organization you may qualify for forgiveness of the entire remaining balance of your Direct Loans after you’ve made 120 qualifying payments—that is, 10 years of payments. Learn more about PSLF now. To benefit from PSLF, you should repay your federal student loans under an income-driven repayment plan .

    1. Income-Driven Repayment (IDR) Plan

    If you repay your loans under an income-driven repayment plan, the remaining balance on your student loans will be forgiven after you make a certain number of payments. You will likely qualify for an income-driven repayment plan if your outstanding federal student loan debt is higher than your annual income or if it represents a significant portion of your annual income. More about IDR plans and how to apply .

    In acknowledgement of your service to our country, there are special benefits and repayment options for your student loans available from the U.S. Department of Education and the U.S. Department of Defense, such as interest rate caps under the Servicemembers Civil Relief Act, other interest rate relief, and student loan repayment programs. Learn more about federal student loan benefits for members of the U.S. armed forces .

    The Segal AmeriCorps Education Award is a post-service benefit received by participants who complete a term of national service in an approved AmeriCorps program—AmeriCorps VISTA, AmeriCorps NCCC, or AmeriCorps State and National. Upon successful completion of the service, members are eligible to receive a Segal AmeriCorps Education Award which can be used to repay qualified student loans.

    If the options listed above don’t apply to you, but you need help making your federal student loan payments, contact your loan servicer about the option to

    Sandra Vuong is a digital engagement strategist at the Department of Education’s office of Federal Student Aid.



    Everything You Need on Credit Card Debt #help #with #student #loan #debt


    #credit consolidation
    #

    Understanding Credit Card Debt

    How to maintain a stable financial outlook even when you re using credit.

    When you think about it, getting credit has almost become a rite of passage. As kids reach adulthood, they ask for credit to gain more independence. We re constantly inundated with commercials and mailing offers about the latest and greatest card we just can t live without.

    Unfortunately, this has led to significant challenges with debt. Many families have credit card debt equivalent to a loan you d take out on a luxury car. When so much of every paycheck goes to debt payments, it s no wonder people wind up in financial distress.

    Still, using credit doesn t mean you have to face credit card debt problems. When used correctly, credit cards can be an effective tool and an integral part of your financial strategy.

    This section of our website is designed to teach you what you need to know about credit cards and how to handle the debt effectively. If you still have questions or need help getting out of debt, give us a call at or request help now with a free Debt Budget Analysis .

    Featured video: Credit card debt explained in 60 seconds

    How Does Credit Card Debt Compare to Other Debts?

    The first step to understanding your credit card debt is to understand how it works and how it compares to other types of debt, like your mortgage or auto loan. This helps you prioritize debts and plan for debt payments in your budget.

    How Do My Credit Cards Really Work?

    If you want to be successful at using credit, you have to become an expert on how your credit cards work. This helps you avoid common pitfalls that can leave you trapped with out-of-control debt payments.

    Eliminating Credit Card Debt

    Mastering credit card debt means being able to develop the most time and cost-efficient plans for eliminating the debt. You should never be satisfied just making the minimum payments required if you can do more.

    Additional Helpful Resources



    When is Someone Too Young or Too Old to Have LASIK? #can #you #get #lasik #twice, #lasik #age


    #

    When is Someone Too Young or Too Old to Have LASIK?

    Age marks plenty of milestones: driving, voting, working and retiring. But there s no set age for LASIK. Most providers won t perform LASIK on those under 18 because eyes tend to keep changing into early adulthood. But laser eye surgery has been performed on children (with severe vision problems) and octogenarians alike.

    These are outliers to most cases. The most common age for LASIK, in fact, falls between the ages of 20 and 40.

    LASIK Age Defined

    LASIK is FDA-approved for those 18 and older. Most providers encourage young adults to wait until their mid-20s because, until this time, a person s prescription may be still changing. Having a stable prescription for at least two years is often required as proof before anyone, young or old, is deemed a good LASIK candidate.

    From the point of stable prescription on, most adults concurrently grow their savings, begin traveling for work and pleasure, and perhaps develop an irritation or exhaustion with contacts and eye glasses. This creates the popular period during which most people have LASIK.

    Around the age of 40, a person s eyes start to change again. Soon thereafter, many people start to need reading glasses due to a condition known as presbyopia. LASIK does not correct presbyopia, but some people with the condition decide to have monovision. Monovision is a laser eye surgery that leaves one eye corrected for near vision and the other eye corrected for distance vision.

    At age 60, the eyes start to change once more. This is when risk of cataracts increases. Some adults get to age 70 or 80 with no cataracts and have otherwise healthy eyes. Despite being outside the common LASIK age spectrum, these people can be good candidates for laser eye surgery. It s possible that a 70-year-old without cataracts or other eye illnesses is actually a better candidate than a 30-year-old with very dry eyes and diabetes.

    Age certainly influences one s LASIK candidacy, but it by no means draws an absolute boundary. If you are in good health, have a stable prescription and are considering LASIK, ask a laser vision correction provider to assess your candidacy.

    FIND A LASIK PROVIDER NEAR YOU

    How Much Is LASIK?

    A common question about laser eye surgery is simply, “How much is.


  • LASIK Eye Surgery Cost (the Elephant in the Eye Exam Room)

    The cost of LASIK in North America varies drastically, from less th.


  • LASIK vs. PRK: What is the Difference?

    Photo refractive keratectomy (PRK) is a type of laser eye surgery d.


  • When is Someone Too Young or Too Old to Have LASIK?

    Age marks plenty of milestones: driving, voting, working and retiri.


  • How Much Is LASIK With Insurance?

    One of the first questions many ask while considering LASIK is “H.

    How Can I Pay for LASIK Eye Surgery?

    You have options when it comes to financing your LASIK Eye Surgery.


  • Winter Sports Eye Protection

    Whether protecting your eyes because you ve just had LASIK eye surg.


  • PRK Recovery: What Can I Expect?

    PRK is a successful alternative to LASIK. Learn more what you can e.


  • Laser Eye Surgery at the Olympics

    Athletes and laser eye surgery go together like the Olympics and go.


  • LASIK Procedure – A Complete Guide

    Are you researching having a LASIK procedure? This is a really help.



  • Mike the Plumber #mike #the #plumber, #a #name #you #can #trust


    #

    Mike the Plumber Serves Cambridge, Guelph, Kitchener & Waterloo

    Locally owned and operated since 2003, Mike the Plumber offers full plumbing services for residential and commercial customers in Kitchener-Waterloo, Cambridge, and Guelph, as well as Brantford and Woodstock areas.

    Video Camera Inspections

    We provide quality products, certified workmanship and professional service on every job. We are among the few plumbers in the area that offer such a wide range of services. The equipment that we use is up to date and our technicians are fully trained. Not every plumber comes in with the equipment to do a camera inspection or hydro flushing. We are the right choice for all your plumbing needs. Some of the services we offer and problems we address include:

    • Water softeners (less water/less salt)
    • Plugged toilets & drains
    • Root cutting
    • Leaking pipes
    • Sewer pipe snaking & hydro-flushing
    • Camera inspection & location of pipes
    • Gas piping hookups & installations

    Professional Affiliations

    Promotions & Special Offers

    • Free estimates
    • Seniors’ discounts
    • Upfront pricing

    Specialties

    • High pressure drain cleaning
    • Video inspections

    We can handle any

    24/7 Emergency Service

    We offer 24/7 emergency service and senior discounts. Please contact us to discuss your needs or to schedule a free estimate.

    Gas Line Installation



    Can You Get a VA Loan with Bad Credit? #new #business #loans


    #where can i get a loan with bad credit
    #

    Can You Get a VA Loan with Bad Credit?

    VA loan with bad credit may look like something not easily obtainable looking at the various stringent rules imposed by VA. But actual fact is that VA looks more leniently at a veteran applying for VA loan with bad credit than many other government agencies.

    What VA Loans Provide

    VA loan is the loan of choice even with bad credit for almost all the veterans as it provides:

      100% financing and no down payment. No PMIs (Private Mortgage Insurance.) Very competitive and low interest rates. It is easier to qualify for a VA loan even with bad credit. Very lenient repayment guidelines for underwriting the loans to veterans.

    Actually private banks, lenders or mortgage companies lend the money to the veterans which the VA insures and covers the losses in case of default. All the veterans who get normal VA loans can get the same kind of VA loans even if they have bad credit. There are no pre-set credit score standards or any minimum income as per government rules to avail VA loans with bad debt.

    Getting VA Loans with Bad Credit

    Let us look into eligibility criteria as for getting a VA loan with bad credit.

      They have to get a certificate of eligibility. Eligible veterans with bad debt should have their present unpaid debt load evaluated and should have all their open credit lines reviewed. The Maximum debt-income ratio to qualify for VA loan is about 41%. You should have a reliable history of making regular payments towards loan payments punctually over the previous year. It will take about 30 days for the loan sanction to take effect. If you are declared bankrupt, VA s conditions are to be met for loan sanction. If there had been extenuating circumstances especially like prolonged and critical illness or a job loss not attributable to you personally, you can get a loan after one year. In the case of a bankrupt veteran needing a VA loan for the foreclosed home, regular payback to outstanding creditors named in bankruptcy is considered as proactive way of restoring credit and he can apply almost immediately for a VA loan. You should proactively improve your credit recovery.

    There are three or so bureaus which keep an account of your present credit after a bankruptcy charge. Recovery of credit after a bankruptcy should be done proactively and quickly. Opening at least two secured credit card accounts after you get a VA loan with bad credit will inform the bureaus of your activity and show a speedier recovery of credit. There are many cards offered online which offer competitive interest rates and quicker credit recovery.

    Getting Multiple VA Loans

    Actually veterans with VA loans with bad credit can even get a second and even a third loan subsequently; only they will have higher funding fees as compared to the first VA loan.

    VA loans are the most economical in that they need no money down from the veteran or his family and also carry a very low interest. They are a boon to the veterans who stand in need of a VA loan even with bad credit.

    Can you get a second VA loan if you defaulted on the first?

    If you are trying to get a VA loan , bad credit will not usually be a big issue. Even if you have bad credit, the VA may still be willing to work with you. However, if you have defaulted on a VA loan, the situation might be a little more complex. In some cases, you may be able to qualify for a second VA loan after more than 4 years have passed. However, the VA may not be willing to guarantee the entire loan but only a portion of the loan. In other cases, they might be willing to guarantee the entire loan if everything else appears to be in order.



    Can You Get A $25, 000 Loan With Bad Credit? Secured and Unsecured Loans #business #funding


    #how to get a loan with bad credit
    #

    Secured and Unsecured Loans

    Can You Get A $25,000 Loan With Bad Credit?

    Need a loan and have bad credit?

    You need a $25000 loan but have bad credit. It s very probable that no bank will approve your application for such a loan without any guarantees. In fact, $25,000 loans are hard to obtain even by those with a good credit. If this describes your current situation and you don t know where to turn to find the money, you might be out of ideas on how to secure a loan. The truth is, a little research on the subject will show that is not that difficult to get this loan as you might believe.

    Start out by determining your credit score. There are many situations where someone thinks he has an average credit score and then find out they have a good credit score or maybe a bad credit score. The idea is to check it. With a credit score over 730 you have good chances of getting the $25000 loan. If your score is below, you should get to work and improve your credit over a period of six additional months, before you think of applying for this loan.

    The natural way to continue is by talking to people who already faced this kind of situations. You don t need to reinvent the wheel. Bad credit is a fact of life, and many people have, at one time or another, encountered issues with their credit rating. Their advice will come as a result of an actual experience and you will get clear suggestions about how to get a loan with bad credit.

    Search online a personal loan for people with bad credit

    The next step is to search the online environment for lending institutions willing to grant a personal loan for people with bad credit. Many lenders from all over the country are aware that low credit scores are stopping people from getting loans. This issue creates a new segment of customers and these lenders know it’s a very profitable market. That is why they have made arrangements to make it easier to get a personal loan with bad credit. Use a web search to compile a list of lenders that provide loans with amounts ranging from $20,000 to $30,000. Look for information about their services and customer reviews. If you don’t know how, start with the Better Business Bureau. After selecting those with good references, prepare a complete and thorough application. Try to answer all questions as diligently and as honestly as possible. An experienced agent will review your application, so you want to be as convincing as possible. It’s better to answer their questions, before they need to ask them. If you get the loan, will you be able to make monthly payments? Evaluate your current monthly income. Will the lender believe that other expenses will leave you with enough money to make monthly payments?

    Getting a personal loan with bad credit through security

    If you still have no success in getting a personal loan with bad credit. you should consider securing the loan. Talk to a bank or a credit union and offer these institutions any equity that you hold in your home as collateral. As someone with below average credit score, your chances of obtaining finance from any institution greatly depends upon the kind of collateral that you can provide. If you don’t have enough equity, you could try to convince one of your relatives or friends to help you by being a co-applicant for the loan. In this case, you need to make sure that your co-signer has good credit. This way you should make it easier get the funds you require, and you even might get the loan in better conditions than you could alone.

    If all fails and you cannot obtain a loan, or the ones you can find have excessive rates and fees, you need to restore your credit score. It will take a few months, but eventually you will be able to obtain a $25000 loan with acceptable rates, terms, and conditions.



    Can You Consolidate Your Debt With Bad Credit? #loan #payments


    #debt consolidation loans for bad credit
    #

    Can You Consolidate Your Debt With Bad Credit?

    When you’re struggling with debt, you look for any lifeline you can find. A debt consolidation loan may be one of them. But can you get one when you need it? A Credit.com blog reader asks:

    Are there any second-chance lenders and debt consolidation loans/investors out there w/low rates for folks with really bad and now worsening credit?

    The challenge is that when you need a consolidation loan it can be hard to get one. Why? Because lenders will take into account your current debt, which is, of course, the reason you need one of these loans! Lenders may consider your debt in a couple of ways:

    Debt to Available Credit: A prospective lender will no doubt request a credit score and the debt you carry is one of the main factors used in calculating credit scores.  Virtually all credit scoring models take into account the amount of your revolving balances in comparison to your available credit limits. The closer your balances get to your credit limits (known as “utilization”), the more this factor will hurt your scores. If you are nearly maxed out on one or more credit cards, your credit scores have no doubt taken a hit. Want to see how your utilization is impacting your credit scores? You can check two of your credit scores for free and get a personalized action plan for building your credit on Credit.com.

    Debt-to-Income Ratio: Lenders will ask about your income in your application and typically compare your monthly payments on all your debts to your income. In addition, they may take into account the payment on the new debt as well. Even though your plan may be to use the new loan to pay off your other debts, and then pay the new loan off as fast as you can, the new lender is wondering what will happen if you consolidate and pay off your credit cards, and then run up new balances.

    In addition to your debt, your payment history will be a major factor in terms of whether you get approved. If your credit reports list late payments or other negative items like bankruptcy especially in recent years it will be harder to get the loan you need.

    Check Your Credit Before Consolidating Debt Get your FREE Credit Score and personalized Analysis. See where you stand & learn ways to better manage your score before consolidating your debt.

    Improve Your Odds

    To increase your chances that you are able to get a consolidation loan, you will want to first check your credit reports and credit scores to see where you stand. The stronger your credit, the easier it will be to get a consolidation loan with a decent interest rate.

    Finding one of these loans can be tough. A lot of the ads you see for consolidation refer to home equity loans (which won’t work if you don’t have a lot of equity in your home), payday-like loans that carry high interest rates, or for companies that don’t really make these kinds of loans but instead help consumers get out of debt through debt negotiation or credit counseling. (More about that in a minute.) Your local bank or credit union might offer this type of loan, or it might not.

    Another option is to shop for a personal loan online. Just make sure you are dealing with a reputable company and/or website, since there are a lot of cyberscams designed to get your personal information. Look for a secure site that has been in business a while and has a good reputation.

    Have a Plan B

    If you can’t qualify for a consolidation loan, then you may want to consider a couple of other options to get out of debt.

    One is to borrow against your retirement plans. If you have substantial savings in a 401(k) or a 403(b) plan you may be able to borrow against these funds. This option is fraught with risk, including the risk that you won’t be able to pay back the loan and wind up paying steep taxes and penalties.  So it is not to be considered lightly by any means. But because there is no credit check required, your current debt won’t be a consideration. (Of course, the ease of getting one is one of the problems!)

    A more realistic choice is to a Debt Management Plan through a counseling agency. If you enroll in one of these plans, you’ll only have to make one payment a month to the counseling agency which, in turn, will pay all your participating creditors. Interest rates are often reduced, as is the monthly payment. And best of all, enrolling in a DMP doesn’t require good credit. In fact, no credit check is required.

    More on Credit Reports and Credit Scores:

    Image: iStock

    Sign up for our weekly newsletter.

    Get the latest tips & advice from our team of 50+ credit & money experts, delivered to you via email each week. Sign up now .

    Gerri Detweiler focuses on helping people understand their credit and debt, and writes about those issues, as well as financial legislation, budgeting, debt recovery and savings strategies. She is also the co-author of Debt Collection Answers: How to Use Debt Collection Laws to Protect Your Rights. and Reduce Stress: Real-Life Solutions for Solving Your Credit Crisis as well as host of TalkCreditRadio.com.

    Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser’s responsibility to ensure all posts and/or questions are answered.

    Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.



    Bad Credit RV Loan-Yes, You Will Be Accepted! #secured #loan


    #loan for people with bad credit
    #

    Bad Credit RV Loan-Yes, You Will Be Accepted!

    ***Bad Credit in the RV world generally ranges from 620-660, anything less there is a slimmer chance of receiving an approval (please see disclaimer below).

    Do not be discouraged if you want to purchase a recreational vehicle, but do not have the best credit score or credit history. There is a bad credit RV loan for you. A lending service, like ours, takes pride in helping and assisting everyone who dreams of living the RV lifestyle into making it a reality. A bad credit RV loan can help you to fulfill this dream and move forward your life on the road! All it takes is some time and dedication on your part to ensure that you get both the best low interest rate on your purchase and the best financial fit with your budgetary needs.

    The first thing to take note of is that RV buyers and current owners of recreational vehicles (travel trailers, fifth wheels, new RVs, and used RVs) are considered by financial experts, such as ourselves, less of a financial risk than people in the market for a new automobile. If your credit score and/or history is not as good as you would like for it to be, then this is great news for you! A bad credit RV loan will not be as hard to come by as you may have thought.

    By applying for a bad credit RV loan through our exquisite online service, you will be guaranteed high-quality customer service and 100% confidentiality. Our experts have over 20 years of high-end financial experience, and we are all here ready to assist you through the bad credit RV loan process. Whether this is your first RV purchase or a refinance RV situation you are going through, you will want to work with a team of financial advisors you can trust to be both accurate and secure. We can offer you this and more.

    What to do to apply for a bad credit RV loan:

    1. CREDIT REPORT- The first thing you should when applying or thinking about applying for a bad credit RV loan is (if you do not already have one) get a copy of your credit report. If you think your credit is poor and your history is not as clean as you would like it to be, you should get a copy of your report and make sure there are not any errors on the reporting side and see how you can start to make it work towards your advantage. Remember though, every time you request a copy of your credit report, your credit score gets a negative mark on it. Also, remember that if for any reason you are turned down for a loan or credit card, you have the right to request a free copy of your report.

    2. LOAN CALCULATOR- Next on your bad credit RV loan process, you should use our online RV loan calculator to help you work through different financial scenarios of your purchase. The calculator is an easy to use tool made available to you in order to help you make the wisest decisions you can possibly make with this bad credit RV loan acquisition. You will be encouraged to study your budget and then enter into the calculator different ideal monthly payments, different amounts (if any) that you might be able to place as a down payment, and a variety of interest rates. By taking the time to do this, you will have a heads up when talking to us, your lender, and have a solid grasp on what financial reality exists.

    3. APPLICATION- The recreational vehicle loan application for those with bad credit can be accessed on the internet. It is an easy to use form and our website is 100% secure. Once you fill out the necessary form(s), one of our expert advisors will contact you to discuss your options, answer your questions, and to move the process forward.

    You will be accepted for a loan to purchase your RV; all you need to do is apply. Bad credit, although not ideal, is understandable. Judgment will not be passed. We want to get you a low interest loan and put you on the road as soon as possible!



    Are You Risking Your (Small) Business By Taking An Online Loan? #student #loans #without #cosigner


    #loan online
    #

    Are You Risking Your (Small) Business By Taking An Online Loan?

    6 days ago | Updated 6 days ago

    Shunit Harpaz Avid Politics Follower and Social Media Influencer

    In our last blog post I stressed how small businesses are constantly looking for cash infusion. A positive cash flow for a small business provides breathing air much needed to grow, to renovate, to buy new equipment or just to free some needed capital. This task has proven challenging when turning to traditional banks and requesting a loan. Most businesses are turned down, desperately seeking other alternatives. On my way to meet Jack Elaad for this interview, I heard a radio commercial for a new company offering loans to small businesses. I asked Elaad, a seasoned banking executive – former Chairman of FIBI (Israel’s Top 5 bank) and Co-Founder of Credithood. a Fintech startup – for more information about this new trend of SMB online lending. I was intrigued since it sounded attractive – can SMB owners get approved this quickly? “This is where it begins and where it stops,” says Elaad, “the online lenders managed to cut down the processing time, but not much more. If you looked carefully you’d see that the loan terms are not great at all.”

    So I did look into it, and found out that many online lenders only offer short-term loan repayment plans with interest rates that are quite high. Moreover, as Elaad points out, many online lenders are working in cooperation with traditional banks, like a modern “storefront.” They make it sound “cool” and “always on” but they must abide by the same rules and regulations derived from “old school” banking.

    Traditional banks have a lot to lose, as lending is one of their key revenue streams and wealth generators. They need to stay prominent even in face of online trends — hence their close cooperation with the new players. Few examples. US online lender Kabbage just raised a mammoth $135 million from investors including Dutch bank ING and Canadian bank Scotiabank. In April, Prosper announced $165 million in from investors that included SunTrust Banks, JPMorgan Chase, BBVA and Credit Suisse. Moreover, USAA, BBVA, and SunTrust are working with Prosper to offer co-branded loans. Its main competitor, Lending Club, currently has co-branded relationships with Union Bank and community banks that are part of BancAlliance.

    So are we looking at a wolf in sheep’s clothing?

    The biggest caveat is in the loan terms. Even with greater accessibility and speed, the loan terms can still make or break a small business. With some data showing that over 80% are likely to fail in the first 18 months, SMBs need to build a healthy business. Taking a loan with the wrong terms could jeopardize their business, and their ability to repay short-term loans is limited.

    According to Elaad, “the key to small business lending is to distill the business information and get to the core of their story. Not just their Facebook profile, but their likelihood to succeed. We founded Credithood to be at the frontier of small business financing. The questions that we look to answer are – is this small-business owner recognized as a valuable member of the community? Does this business have a loyal customer-base?” Answering these questions opens a lot of potential prospects. And what we do with the answers to these questions — in our next blog post.



    Cash Call Loan Default – SHOULD YOU REPAY? #cheapest #loans


    #cash call loans
    #

    Repay Your CashCall or Western Sky Loan?

    I have a loan with a company called Cash Call that I am behind on, they are not willing to work with me. What are my options?

    If CashCall or Western Sky cannot convince you to pay through standard collection tactics, such as phone calls, it may decide to file a lawsuit against you to obtain a judgment for the balance of the debt. If CashCall or Western Sky sues and obtains a judgment against you, it can then take steps to enforce the judgment as allowed by your state law. The most common methods of enforcing a judgment are wage garnishment, bank account levies, and property liens.

    Most lenders do not sue debtors to collect debts. A lawsuit is a worst-case scenario, which you will probably not experience. However, take a moment to learn your state s collection laws so you are aware of what actions your state allows.

    Repay a CashCall or Western Sky Loan?

    In December 2013, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against CashCall (PDF) and its related companies Western Sky Financial and Delbert Services Corp. alleging the companies engaged in unfair, deceptive, or abusive lending and collections practices. The CFPB is asking the court to order CashCall to refund money to consumers in states where the loans were illegal, and pay penalties.

    Do you need to repay a CashCall or Western Sky loan? The answer is unclear. At least five states have filed lawsuits against CashCall in 2013 for offering residents in their states loans with illegal terms. If state courts find the loans are illegal, CashCall may need to return all of the interest and fees borrowers paid to the lender. But what do the pending state and federal lawsuit mean to you if you have a CashCall or Western Sky loan now?