sa1518 asked:


Can someone please explain exactly what the fed is doing? Are they lending JPM money as a secured loan?

If so - why would they do this for JP Morgan as opposed to another bank that may have been in stable enough position to acquire Bear. And why should they shield JP Morgan from the risk of the company if they are willing to buy it?

Thanks

secured loan

Kate373 asked:


My parents bought their home 4 years ago at a 4% rate, which is due to change next year when their loan rate. With the market crunch and the new strict lending that’s bound to occur as a result of this, they are worried about what refinancing has in store for them. The good news is that they have flawless credit (they successfully removed their PMI, and they are early every month on their mortgage payments —and they pay an extra couple of hundred dollars than they should. Not to mention their credit card debt is very low (only a couple of thousand dollars). They’ve both been at their great paying jobs for over a decade; but they are still worried about whether they will be able to secure a decent fixed rate when their mandatory refinance is up. Any hope?

secured loan

Eric MD asked:


Sell my name from a deed. I am trying to get sell my name off my dad’s house deed for 2,000. Ony because i got a loan, and now i have to secure it with a co-singer or a fee of 1,800. So if anyone knows how i can do that,please let me know. Thank u

secured loan

Joshua B asked:


I am 19 years old and attending a community college. I’d like to have my student loans paid off and have a secure stable job.

secured loan

Jaden asked:


Hi everyone, I was just wondering what’s the quickest way to build credit? I work full time and I want to get a student loan from the bank.

I am thinking of getting a Capital One secured credit card and on their site it says that they review accounts periodically and gauge whether they should increase one’s credit limit.

With that said, another question I have is how often is one’s credit limit affected? How long would I have to use that card for before my credit limit is affected?

Thought I’d see what you all say about these two questions before I ask them.

Thanks,
S

secured loan

heybunkie asked:


I am looking for a loan to help my Business excel in this economy. In order to do so I must upgrade my equipment to meet and or exceed industry standards. I also would use the loan to pay off a my debt that has accrued during equipment failure, and untimely downtime. I am well set in the company that I am leased on with, and know that my job and Business is secure. I have looked into federal loans as well as grants, but have yet to find any that a truck driver/owner operator would qualify for. thanks in advance for the help!

secured loan

thomas_packers asked:


My broker waited till the last minute to get on ACE to obtain my certificate of eligibility through the VA. My new home closes in two days and he wants to delay the close by two weeks.

I read somewhere online that a VA loan can still be processed without the certificate. Does anyone have experience with this?
My information wasn’t available through ACE. My mortgage broker has to request it manually.
I know….I know. When we went with this builder, we agreed to use one of their lenders. If we couldn’t get approved through them then we could utilize our own.
Prior to the pre-approval I told the mortgage broker that I was going VA. He sent the pre-approval to the builder FHA. I rejected it, delaying the ground breaking for another two weeks until the new pre-approval for VA arrived.
I sent him a copy of my DD-214 immediately after the pre-approval because I knew he would need it. One week before the scheduled close he calls me to come down to his office to sign the VA forms, which rightfully we should have been doing at least two months prior to close. He didn’t even call. He sent an email to myself and CC’d the builder that he needed to manually get the certificate and would need to delay the close.
The builder is not happy at all as this broker was trying to be their preferred lender.
He’s very unorganized. He had Rubbermaid tubes in his office Vs. filing cabinets. :(

secured loan

s a asked:


Hello, I am single mother in Georgia. I have a 2 year old daughter. I work 2 jobs and I am also a part time student. I fell on hard times after having my daughter. A lot of bills backed up and it is hard to pay them. My credit score is not that great right now due to the old bills. Now that I have a secure full time job plus a part time, I am ready to get everything back on track. I dont get any help financially from my daughter’s father or any other family members. I am looking to get a Loan for about $3000 or more to pay off all my debt. I am a very reliable, honest person. I just need a little help. I tried applying for food stamps and other government assistance, but they say my income is over the gross income limit for them. I am not even able to get insurance for my daughter or myself from them. Right now I am paying for school out of pocket with no financial aid. Is there anyone kind enough to help me out? Thank you so very much! Any help is well appreciated!
Also to add: I have tried applying for School loans, and I have been denied.. maybe because of my past credit issues. Plus I dont have anyone that can co-sign for me

secured loan

Math21birthday asked:


my credit is 550, I’m thinking about paying for six months ahead on my car loan so i can increase my credit score and have the peace of mind. i want to do that to increase my credit score so i can get a new car in six months. I want to pay for six months ahead of time, and get a new secure credit card. do you think that can boost my credit to 700 by june of next year?

secured loan

Carolyn B asked:


Okay, so here’s the deal. Going thru a divorce right now and my ex hadn’t been paying the vehicle as he should have ~ kept deferring payments to the end of the loan and now we still owe $11,000 on a ‘96 van. Horrible, huh? Gets worse. My parents are on this van loan. My mom is very ill with cancer and because hubby and I are divorcing, having his name on this loan is driving my dad insane. Literally. Even better, that ex of mine didn’t pay state taxes in three years so now I can’t even drive the thing cuz there’s a lien on the registration!!! I moved out of the state we had been living in several months ago, and now am really looking hard for a resolution to this. My old banker had once let it slip they they would be willing to settle for less. Should check with my new bank to see if they would be willing to finance it for me? Several months ago, I had applied for a loan to get the money for the lien but was denied, but this would be secured. Do you think there is hope? Better idea?

secured loan