Backing out of a Car Loan?

Posted by admin | Buying Selling | Wednesday 28 April 2010 5:03 pm
fortwynt asked:


I purchased a new car last night. Initially I was told I could take the car home overnight and test it out and bring it back, but once the guy started shoving paperwork at me, I signed it, and drove off with the car, so I assume there’s no real way to get out of it. I traded another car in on this car. I **** this car. My question is this, is there any easy way out? Also, they now want me to bring in pay stubs and proof of residence, so this to me implies that they havent secured financing just yet…so does that mean the deal really isnt done? What if i refuse to give them that info and their bank cancels? Or is there some legal recourse they can take if i dont provide that info….at any rate any help anyone can give would be great….except those who say you should have walked out instead of signing things…believe me, i wish i had.

secured loan

Has anyone ever used GA Trust Financial?

Posted by admin | Credit | Sunday 25 April 2010 8:03 am
w c asked:


I have applied for a loan with them. They require a 500 deposit to secure the loan. I have loan docs from them. This is a high risk loan. I have the address and phone number for them. I am just not sure if this is a scam or something that I should be concerned with. Any help would be appreciated.
Here is their website
http://gatrustfinancial.com/
I have not sent them any money. I did send them the documents they sent to me along with a pay stub and id. I didnt become suspicious until they wanted me to send money via western union or money gram. I know I made mistakes in the past but id there really help out there for people who have had problems without being taken or put in worse financial troubles. Are there really companies who will make high risk loans with rates and payments that are affordable

secured loan

common convenants found in a mortgage could be any of the folowing except a promise to?

Posted by admin | Renting Real Estate | Saturday 24 April 2010 9:59 pm
olufemi a asked:


Choices
A)keep the property in good repair.
B)pay all realestate taxes as they are due
C)provide unlimited access to the mortgage
D)not destroy or remove any improvements securing the loan

secured loan

Should I invest borrowed money in a CD?

Posted by admin | Investing | Saturday 24 April 2010 7:42 pm
Database Dan asked:


I have the chance to take out an un-secured 25k loan at 2% interest (it’s a military thing). Should I take it out and invest it in a CD making 5% interest? Is it as really as simple as Well, 5-2=3, so I should walk with $750?

secured loan

few question regarding credit scores?

Posted by admin | Credit | Thursday 22 April 2010 2:35 am
Freelance Web Designer asked:


I am trying to build my credit. Its new credit.. i just started payments system, had 1 credit card, a secured loan, and 2 charge accounts

I checked my credit score and there is big difference between one of credit reporting agency
Transunion: 594
experian: 666
equifax: 651

My question is
Why transunion score is so low than others?
Do lender see or make decisions according to lowest score?
How can i improve my score?

secured loan

personal loan?

Posted by admin | Personal Finance | Monday 19 April 2010 9:17 pm
phetvisay s asked:


does anybody know a well known lending company that will provide loan to people with bad credit even with secured method.

secured loan

I was approved by first delta financial for a loan the details are below has anyone delt with them?

Posted by admin | Credit | Thursday 15 April 2010 8:47 pm
Chris asked:


CONGRATULATIONS we have been able to secure your $30,000.00 loan request with an annual interest rate of 7.95%.
Please find below all of the pertinent details concerning your loan.
Approval amount: $30,000.00
Monthly Payment: $363.19
Term: 10 years
There is a condition on your approval that a security deposit of 8.57% is due prior to us releasing the funds into your account. This is equal to a $2,571.44 payment which covers insurance and coverage against any late payments. If you have any questions about this process please read our frequently asked questions page.

secured loan

Credit card debt Consolidation?

Posted by admin | Credit | Wednesday 14 April 2010 8:10 pm
SRL asked:


I’m thinking of consolidating 3 credit cards totalling just under $15,000.
What can I expect? What’s the longest term/lowest payment I can get for this amount of debt? Can I add a Secured loan to this consolidation (citifinancial)?
What’s my best game plan?

Anything else I need to know?

secured loan

What should my first action be if I suspect my Realtor misrepresented me by giving false and deceptive info?

Posted by admin | Renting Real Estate | Tuesday 13 April 2010 4:50 am
Greg MS asked:


I purchased a piece of property, and secured a construction loan to build a home as an investment only. The realtor who led me into this provided false and deceptive information, but I did not find this out until a couple of days ago. The home is only a couple of weeks from being finished. Promises were made to me, that I now know will not be fulfilled by the realtor. Even the broker in this case believes that I was misled, deceived, and given false information. He showed up extremely late to our closing, and has not come to any of our walk thrus with me - basically has done absolutely nothing. The realtor will receive his comission once my loan goes from construction to perm. He is looking at receiving about $12,000! I do not believe that he deserves this comission, and I would like to know what kind of legal action I can take against him. I promise this is not just a case of a disgruntled home builder, or a clash of personalities. Thanks for any advice.

secured loan

When do i give up?

Posted by admin | Small Business | Sunday 11 April 2010 11:45 am
Jihn D asked:


I am a certified machinery and equipment appraiser. I have been marketing my service for close to a year now and to no avail I have not made any money. In this business you market to the banks. I have called on (really) every bank in the state of illinois and kept intouch with the chef lending officers/follow up,etc…. and know one seems to need the service most banks in Illinois are realestate banks and don’t secure loans with equipment.

Should I just give up and do something else or keep going. I cannot afford to keep throwing money at marketing the business.

what should I do?

secured loan