Why did banks and Mortgage companies give loans to people without checking thir ability to pay them back?

Posted by admin | Personal Finance | Tuesday 29 September 2009 12:56 am
ds asked:


No doc loans? Home loans that do not include taxes or Insurance given to people who have NEVER held a job in their life? Why did they do it?

loans

Where can i get a personal loan FAST with terrible credit? ?

Posted by admin | Credit | Monday 28 September 2009 11:06 pm
Irene M asked:


Does anyone know of a good company that will give me a loan asap? I only need about $500, I work a decent job making around $500 a week… just need the money or my car will be taken away. The thing is is my credit is extremely bad… altogether though my debt is around $4000. My score is very very poor. Thanks in advance for your help!

Btw i live in new york, and i wouldnt mind doing a payday loan, I just dont know which one to go to.

bad credit personal loans

Can get another primary home loan? Or switch to investment property?

Posted by onlineapproval | Renting Real Estate | Monday 28 September 2009 10:23 pm
thdwlgP asked:


I currently have a primary home but I want to buy and move to a larger home and keep the current home as a rental property.
But the current home loan was taken out as a primary home. How do I switch this home to a investment home and get the new home as a primary home? Thanks

home loan

What are the best kinds of student loans to get?

Posted by admin | Financial Aid | Monday 28 September 2009 7:20 pm
Chicklet asked:


I have 0 debt right now and just graduated from an undergrad institution. Now I am going to grad school that will take 2-3 years. I will have to get loans, but what kind of loans should I get?

loans

Is paying off defaulted loans that aren’t on my credit report going to help my credit score?

Posted by admin | Credit | Monday 28 September 2009 2:32 pm
Reddog asked:


I owe $9,000 in student loans. They just started garnishing my wages for $500/month. The loans were from 1998 and do not appear on my credit report. The collection company told me that once they’re paid off that they will appear as not in default on my credit.

loans

How do I get loans to go to school without a cosigner?

Posted by admin | Financial Aid | Monday 28 September 2009 12:24 pm
Georgia_Rulex91 asked:


After the completion of Fafsa and such, I only need $11,000 or so to pay for my upcoming freshmen year of college tuition. My parents are unwilling to sign loans for me to go and I can’t guarantee that the private scholarships I’ve applied for will be enough to cover the remaining costs. Is there anyway at only 17 I can get loans myself or come up with the money before my freshmen year begins in august. Please help.

loans

If a home loan is in my fiance’s name, could my name go on anything dealing w/the house?

Posted by onlineapproval | Renting Real Estate | Monday 28 September 2009 7:54 am
Neems asked:


So my fiance and I are in the process of buying a home. The loan is going to be in his name only because we’re not married yet. We close on the 25th of September, is it possible for my name to be on anything if I am not on the loan? Or would I have to co-sign on the loan?

My parents think we should just get married now and have the ceremony later when we originally planned…. Any advice?

home loan

How exactly do ‘interest only’ mortgage loans work? When do I pay on the principle of such a loan?

Posted by admin | Renting Real Estate | Monday 28 September 2009 5:58 am
ronidl76 asked:


I know APR loans are a bad idea, but how would an interest-only loan work? Would it still be a 30 year note, or do they extend the loan? Would I be able to get a fixed rate with an interest-only mortgage loan?

loans

Is this contractor scaming me?

Posted by admin | Decorating Remodeling | Sunday 27 September 2009 10:30 pm
Autumn asked:


I am in the process of buying a house we are at settlement. The loan company wanted a contractor to look at the roof and the back left gable. He said we needed a new left gable and that 50-60 shingles was missing and needed to be replaced. We confirmed with him directly this was all that needed to be done. We done the work we put on a whole new gable and replaced over 100 shingles he came out again and said it was ok we done the work.When he sent my brooker a fax it said yes we replace the gable but did not paint it and the shingles was replaced but we needed to replace the west side with new ones. I am so pissed he stright out lied to us. He told us it was ok. then he told us we had to pay him 75.00 each time he came out that was 150.0 we was not expecting and now he has to come out again and see the work is done. Can I make him put in writting the outcome of the next inspection so he can not lie and say it is ok then turn around and say something else is wrong?
Thank you so much for your answer’s . I have had the home inspected 3 times and the last inspector said the back gable and the roof needed to be inspected so that is why the brooker sent one out because the loan company would not approve the loan without him saying the roof would last 2 years

settlement loan

I was contacted about a loan and I am not sure if it is a good idea?

Posted by admin | Personal Finance | Sunday 27 September 2009 8:21 pm
Bob M asked:


I am looking for a bad credit loan and this person contacted me via email with a request of personal info and asking me to scan my ID. Is there any way to check this out ahead of time?
I need the loan and am desperate so I have been looking for a loan shark. I just dont need to do something stupid.

bad credit personal loans
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