How can I assume full financial responsibility for an auto loan I co-signed for without refinancing

I co-signed for a vehicle for my son but now he wants to reduce his monthly expenses. I want to take over the payments and get him off the loan so he can go buy a cheaper car and be able to qualify for the financing. Is it possible to somehow get him off the loan without having to go through the bank and refinance? We live in CA and it is financed through Wells Fargo.

How can I assume full financial responsibility for an auto loan I co-signed for without refinancing the loan?

Simple answer is NO you can not assume full responsibility without refinancing.

It sounds like you were going to keep the car anyways. So why not keep the loan co-signed, and have him keep the car. You pay the loan as you were going to by taking over the payments. Then have him pay you what he can afford. This way he still has a car, you don't have to pay for the entire loan and it helps his credit. Just a thought.

How can I assume full financial responsibility for an auto loan I co-signed for without refinancing the loan?

Now you are learning why it is never a good idea to co-sign for anyone -- especially a son or daughter! Don't repeat the same error on your son's %26quot;cheaper car.%26quot;

Call Wells Fargo and see if you can fully assume the car loan. It was probably your credit history that allowed the loan in the first place. You might even have to %26quot;buy%26quot; the car and take out a new loan, but the bank will be able to answer your question.

There were good reasons the bank did not consider your son a good credit risk and would only grant the loan with a co-signer. That should have been a %26quot;wake up%26quot; call for you, but you are now wiser and more experienced.

How can I assume full financial responsibility for an auto loan I co-signed for without refinancing the loan?

I dont have the best of credit, well in fact its kinda bad, but I was able to get car loan since I do have a job which is mainly what this place cared most about for me. They are one of these places that have multiple sources and they say like 99 percent approved. So I would give this site a try....

http://thnlnk.com/deal4-you/Auto.Loans/0...

Good luck.

How can I assume full financial responsibility for an auto loan I co-signed for without refinancing the loan?

No you can't remove him from the loan...you would have to refinance to have him taken off compleatly. The bank issued the loan with you both, so it is a legal contract. I suggest calling the bank and finding out what your options are...knowing the situation you may be able to convince them to finance the 2nd car taking into account he is not responsible for the 1st car...smaller banks usually will do this, I don't know how larger banks do with it.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn accoun

Also, would it be okay to go to the same bank with the checking account (Bank of America) and ask for a cash loan. I need about $200, but I don't have much credit or a job at this point and the bank is going to close my account and report me to an account verification system in slightly less than a week if I don't fully repay them, which would seriously damage my financial future. I am looking to use excess student loan money to repay the cash loan. Any ideas would greatly be appreciated!!!

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

get a job!!!!!?

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

I do not think the bank would give you a loan. If you cant get a pay day loan because you dont work I would suggest having them close the account and pay it when you can. It might put a mark on your credit for a short time, but you dont work so what do you aspect?

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Title loan on your car. They are everywhere, check the Yellow Pages.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

The problem is that one can't borrow one's way out of debt.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

the best source is to ask sombody that will trust you

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

200.00 - do you have a family member or friend you can borrow from. You have got to get your finances together so this doesn't happen again. You need to get yourself on a budget. Have you heard of Dave Ramsey - go to his web-site. He offers free budget forms

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Call the bank and talk to a customer service representative and explain your situation to them, they might understand and hold off closing your account or they might extend you a little more time if you know when you are getting your student loan.

DO NOT get a payday loan or a quick loan to take care of this. You will end up spending more money than you want to to begin with. Talk to your bank and see if you can't come to some sort of agreement.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

a loan shark wont turn you down my boy! but he will have your legs broken if you dont pay him in two weeks,at 100% interest! just go look for sunny or fingers or Sammy or..well you get the picture...

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Try Prosper.com

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

VERY BAD IDEA to go to the same bank. Anywhere you go to get a loan they will check your credit and say no. I don't know much about student loans, but that doesn't really sound good either. Your best bet is probably a very good friend or a family member, unless you don't want any embarrassment or burnt bridges. You may need to pawn a few items.

It sounds bad but when they check your credit they will not give you any money.

You might also try those cash till payday places, but usually those are a bad idea too, since you will still owe the money, plus interest.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Banks won't give you a loan for $200 (at least not in the US. Grameen bank does it in Bangladesh). Too much paperwork for too little profit. I had a boss who was literally a millionaire, and he couldn't get a $2000 loan for Christmas (in 1993). He took an advance on a credit card.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn accoun

Also, would it be okay to go to the same bank with the checking account (Bank of America) and ask for a cash loan. I need about $200, but I don't have much credit or a job at this point and the bank is going to close my account and report me to an account verification system in slightly less than a week if I don't fully repay them, which would seriously damage my financial future. I am looking to use excess student loan money to repay the cash loan. Any ideas would greatly be appreciated!!!

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

get a job!!!!!?

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

I do not think the bank would give you a loan. If you cant get a pay day loan because you dont work I would suggest having them close the account and pay it when you can. It might put a mark on your credit for a short time, but you dont work so what do you aspect?

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Title loan on your car. They are everywhere, check the Yellow Pages.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

The problem is that one can't borrow one's way out of debt.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

the best source is to ask sombody that will trust you

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

200.00 - do you have a family member or friend you can borrow from. You have got to get your finances together so this doesn't happen again. You need to get yourself on a budget. Have you heard of Dave Ramsey - go to his web-site. He offers free budget forms

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Call the bank and talk to a customer service representative and explain your situation to them, they might understand and hold off closing your account or they might extend you a little more time if you know when you are getting your student loan.

DO NOT get a payday loan or a quick loan to take care of this. You will end up spending more money than you want to to begin with. Talk to your bank and see if you can't come to some sort of agreement.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

a loan shark wont turn you down my boy! but he will have your legs broken if you dont pay him in two weeks,at 100% interest! just go look for sunny or fingers or Sammy or..well you get the picture...

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Try Prosper.com

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

VERY BAD IDEA to go to the same bank. Anywhere you go to get a loan they will check your credit and say no. I don't know much about student loans, but that doesn't really sound good either. Your best bet is probably a very good friend or a family member, unless you don't want any embarrassment or burnt bridges. You may need to pawn a few items.

It sounds bad but when they check your credit they will not give you any money.

You might also try those cash till payday places, but usually those are a bad idea too, since you will still owe the money, plus interest.

URGENT HELP NEEDED!!! What is the best source for a quick cash loan to refinance an overdrawn account?

Banks won't give you a loan for $200 (at least not in the US. Grameen bank does it in Bangladesh). Too much paperwork for too little profit. I had a boss who was literally a millionaire, and he couldn't get a $2000 loan for Christmas (in 1993). He took an advance on a credit card.

International student loan?

I'm Rochelle %26amp; im an international student pursuing to be an undergraduate of University of Oregon. it states in internationalstudentloan.com that I need a proof of enrollment(admittance letter, tuition invoice, etc) as one of the requirements. However, UO said that they do not admit students unless they've given all the requirements including the financial statement. Right now, I have all my requirements ready except my financial statement(because I do not have the whole US$30,000 to cover the whole year, which was the main purpose why I want to loan). UO said that the only thing they could give is a %26quot;special admittance letter%26quot; stating that I've met all the requirements except the bank financial statement. Do you think that private loan companies can consider this %26quot;special admittance letter%26quot; as a proof of enrollment? Thanks in advance.

International student loan?

tell me when you find enough information on this subject.

International student loan?

WHAT COUNTRY ARE YOU FROM? Some participating countries offer linkage that would enable you to pay as in state tuition.

International student loan?

Try to visit %26quot; http://www.debtsawareness.com %26quot; to find out more details before you act. All the best.

Why do banks add covenants to the loan?

why do banks add covenants to the loan?????

Why do banks add covenants to the loan?

Banks add covenants in order to protect their interests in the loan or the collateral. For example, in a home loan, a typical covenant is against %26quot;waste,%26quot; that is, removing valuable fixtures from the property that would reduce the property's value. Technically, a violation of any of the covenants puts the loan into default, even if the payments are on time.

Is it realistic that I will get this car loan?

i went to an Acura dealer today to look at an Eclipse i want for $4995. I have bad credit because of 2 credit cards, 1 bounced check with Wal-mart and some unjust charges(to me) from Key bank. But I have a paid off car loan through Chase. Before i went on I talked to the dealer on the phone and he said they dealt with banks who financed good credit and bad credit applicants. I went in filled out the credit app. and he Said he'll contact me on Monday with an answer( I guess because the banks aren't open on the weekend?) but I've done the math with the price of the eclipse, my trade-in, and what I make. And I would easily be able to afford payments on a 5- year loan. The thing is I'm still in school and only work part-time and make around $9000 per month. Will they look at that as too low? And what do you think my interest rate would end up at? more than 15%? thanks for the answers

Is it realistic that I will get this car loan?

tmladenka is right, we Americans love our cars. We like them big, fast and shiney. It's what makes us Americans. Nothing wrong with that.

I've bookmarked this site to go back to next time I need a loan...

http://www.knowledged.info/go.php?link=a...

Have a nice day.

Is it realistic that I will get this car loan?

Save up and pay for your car with cash. Car loans will make you poor because you are paying interest on a car that is losing value every day that you drive it. If you can't afford to pay for a car with cash, then you can't afford it.

Is it realistic that I will get this car loan?

You make $9000 a month, thats 108K a year??? Did you by chance mean $900 a month??

You are probably borderline on getting a loan. Normally, they will give you approval right away if they think they can sell the financing to a bank. If she said she would call you on Monday she may be thinking she can't find a bank. But she still may.

As for the rest the interest rate is determined by a lot of factors. Mainly the Credit Score, Length of the Loan, and Loan to Value. So don't be surprised if you do get approved it would be in the 15%+ range. Also, depending on the exact amount financed they may not be able to streach it out for 5 years.

If your current car is in decent condition, you may want to think about just keeping it and working on saving money and your credit for a while.

I have taken personal loan in Dubai,now returning to india emergency?

hi, i have taken AED 70k from a Multinational bank here in Dubai, when i took the loan they dint say that i should not leave the country until i pay the whole amount, now i hav an emergency , i had to go back to india, now if i go legally they will not let me out, so i will just go away from here, and definitely they are not goin to axpt if i pay it monthly from india, so can i negotiate with them for a less amount for a settlement, if i need legal guidance whom should i contact, in India banks cant reach customers roughtly there are strict rules, so will this bank behave prprly when i'm in india, i hav politics support , so i can sustain. if they do too much, i will just give a police complaint that they are harassing me. any suggestions please

I have taken personal loan in Dubai,now returning to india emergency?

i would seek legal advise yesterday!!!

I have taken personal loan in Dubai,now returning to india emergency?

Wow, partner, you're in a world of hurt aren't you?

I have taken personal loan in Dubai,now returning to india emergency?

I believe the answer you're looking for can be found on this site. They've got lots of info about the subject.

Bank of America or Wells Fargo?

I'm looking to open a joint checking account with a friend who lives in a different town than me. The only banks her town and my town have in common are Bank of America and Wells Fargo. Our home loan is through Wells Fargo. I don't know if that makes a difference, just thought I'd throw it out there. Which bank is better?

Bank of America or Wells Fargo?

wells fargo...

bank of america is an arrogant bank with high absurd fees. bank of america has a much larger exposure to subprime loans than wells fargo in $ terms as well as a % of their assets and equity..wells fargo offers much lower fees and since you already have your mortgage loan with them, i believe they might reward you for openning a checking account with them. they are smaller yet friendlier. for example, even if you have a checking account with bank of america, if you want a cashier's check, they will still charge you an $8 fee. with wells fargo, if you bank with them and you need a cashier's check made out to someone, there's no charge for it.

Bank of America or Wells Fargo?

We actually ended up going through Bank of America. We'll see how that works out! Report It

Bank of America or Wells Fargo?

Bank of America is better Financially.

Bank of America or Wells Fargo?

since your home loan is in wells Fargo. open it up in bank of America.

i say this because by having a account well Fargo already your implied power of attorney if you open another account at the same bank

for example

i had a account at a credit union my uncle had an account same credit union with me as a signer on his account

my grandpa had a account with my uncle as a signer.

i deposited money in to my grandpas account and my uncles account and mine same teller same day. i walk outside my uncle calls telling me his broke down not to deposit the money into grandpa account. i walk back in withdrawal 5,000.00 out of my grandpas account into my uncles account.

my grandpa flip about this being able to do this. but the credit union had all of are power of attorneys

Bank of America or Wells Fargo?

Go with which ever one charges the fewest fees and has the best interest rates.

Bank of America or Wells Fargo?

Both companies are fit to handle all your needs. The difference in choice is nil. I would go to the one that is most convenient to access in your day to day. You don't want it to be a chore to go out of your way to get to the bank. Preferably a bank with plenty of parking and lots of teller stations.

Bank of America or Wells Fargo?

I would not go with ether,choose wamu or citi.

Bank of America or Wells Fargo?

Bank of America has a terrible reputation and treats it's customers like crap, and it's employees too. I would not do business with BOA, also just for the record, they will open checking accounts for illegals without social security numbers, but if you are a legal citizen, you must have a ss number. Stay away from BOA.

Bank of America or Wells Fargo?

For a joint checking account either bank would fit your needs.

When it comes to things like CD's and other accounts It's similar to buying gas; one week one will have better deals, the next week the other one will. Right now I like the no risk free CD's at BoA. Wells Fargo offers some cool online features at the moment. Check out what each of them offer for checking accounts, check things like minimum balance required, interest earned, and fees associated with the account. One may have a better offer right now than the other.

Through personal dealings with Wells Fargo, I would never choose them again. The Wells Fargo we went to could not change a few things that needed to be changed with Power of Atourney when my grandma became ill. I've also had other problems with them in dealings with more complicated issues. Others may have had similar poor experiences with Band of America. Prefernce wise, its who you choose and the expieriences you've had with them.

Bank of America or Wells Fargo?

Maybe You should try to google it first ,however if you like some direct resource ,here might be helpful.http://homeloan.online-assistant.info/ho...

Hopw do we stop bank robbers who use loan applications and lines of credit to rob the bank .?

Large numbers of people are using this method and then filling for protection from creditors .

These may as well be bank robbers who max out credit lines and then do not pay it back .

Hopw do we stop bank robbers who use loan applications and lines of credit to rob the bank .?

You know how the government is, reactive and not proactive.

They will wait until the economy is on the brink because of subprime loans before enforcing regulations to prevent it.

After all, a pound of cure is worth an ounce of prevention.

Hopw do we stop bank robbers who use loan applications and lines of credit to rob the bank .?

We did stop it - with the new bankrupcty reforms that were opposed by most Democrats.

Hopw do we stop bank robbers who use loan applications and lines of credit to rob the bank .?

Same way we stop people for robbing pension funds and employee retirement plans. Ohh I'm sorry I forgot we don't do that.

Hopw do we stop bank robbers who use loan applications and lines of credit to rob the bank .?

Please see the USA national debt...how many trillion?

It starts at the top. Thank you George W.

Hopw do we stop bank robbers who use loan applications and lines of credit to rob the bank .?

By returning common sense to our legal system and returning our government to having citizens in office instead of professional politicians and lawyers.

It is called term limits.

What are my loan options for college if I'm right about to start Winter quarter and have bad cr

I messed up badly. I estimated that I would graduate last quarter so all my loans and everything expired last quarter. It turns out I had to take one more final quarter of school and now I applied for a loan but was declined.

I have pretty bad credit, but I already have an amazing job ready for me in March and will be making 70k a year so I'll be able to pay everything back right away, but if I don't graduate I am screwed.

I can use my parents as a cosigner but for some reason that was declined even though my parents' credit is just fine (they own 3 houses and are both retired).

Is there any way I could get a $4,000 loan for one measly quarter from a bank or somewhere just for this last quarter?

What are my loan options for college if I'm right about to start Winter quarter and have bad credit?

If possible you should always try to take out federal loans first. The two that are available to anyone are the Stafford loan (student) and the PLUS loan (parent.) These loans have low fixed interest rates. In general private loans have higher, variable rates (some as high as credit card rates!) and many less consumer protections.

I am assuming you have already used the $5,500 Stafford loan you would have had available to you this year if you filed a FAFSA application. (If you have not, this is the place for you to start. Your poor credit should not be an issue in getting a Stafford loan.) Your parents can apply for a PLUS loan independently of you. This is a loan that does involve a credit check but the requirements are much more lax than retail loans. If for some reason they are declined for the PLUS loan, you will be eligible for additional Stafford funds which should enable you to pay for your last quarter.

The Stafford loan has a maximum interest rate of 6.8% and the PLUS loan has a maximum rate of 8.5%; but if you attend a college that is part of the Federal Family Education Loan program (FFELP), you can shop around for a lender that will offer a discount - some lower the interest rate by as much as 2% -2.5%. (Ask the financial aid office if they are a %26quot;Direct%26quot; or %26quot;FFELP%26quot; school and be sure you have filed a 2007-08 FAFSA application at www.fafsa.ed.gov.)

Just make sure you or your parents apply for the acutal Stafford or PLUS loan (the government guaranteed loans) with whichever lender you choose. Many families end up with expensive %26quot;alternative%26quot; loans when they think they are applying for the government ones.

Help, i Need a loan!?

Hi i really need a loan of about 10,000. Ive just turned 18 and i also have just got a minimum wage job and i worked out that i can afford the monthly repayments but because im only 18 and dont own a house where can i go to get this loan ? Id prefere to do it online and my bank isnt too helpful for young people wanting loans so im trying to find a good place? would really really help if anyone knows anywhere that apporved people in my condition! thanks !

Help, i Need a loan!?

Yeah, right.

Help, i Need a loan!?

Well, its kinda big bucks you borrow at this age so my suggestion is that think about that thoroughly before you making decision. Is it worth it for you to spend that kind of money on? Is the job that you having stable?

If you are to borrow then read all the terms in the application carefully before signing it.

Help, i Need a loan!?

Why do you need the $10K? If it's for educational purposes, check with the school for potential student loans.

The reason your bank isn't too helpful is that you have no credit history, very little employment history, and very little income. That makes you a bad risk. High risk loan companies offer very high interest rates.

Beware of any loan company asking for up front fees from you. They are likely to be scams.

Perhaps you should open a savings account and set aside money every week until you have your $10K.

Help, i Need a loan!?

I doubt you'd get one with a mininum wage job, no credit, or collateral.

PS....don't deal with anyone on this site who offers you a loan, especially if they ask for a fee.

Help, i Need a loan!?

I wouldn't try Prosper since you will have a very high interest rate as a HR borrower. You don't have a credit history. At college, they offer many credit cards to students. I'd check out Cardweb.com for some secured cards, low-interest rate cards, student cards, and rewards cards. Eventually you may get one of those cards. I do agree with that guy. First you can get the student cards and the secured cards or maybe a gas card and later you can get the low interest or rewards cards.

Unless you urgently need the money, I'd recommend you set aside the money each pay period (maybe $50 and put it in savings or a Roth IRA). The RothIRA will grow tax-free and you can always take out your contributions. So after a year, you'd have $1,200. If you earned $60, you could take out $1,200 and the $60 would go towards retirement (something you should think of). In a savings account, you'd have $1,260 you could withdraw minus any taxes you needed to pay in which would reduce your rate to around 4.2% not 5.05% (assumes a 6% state tax rate and 10% federal tax rate).

Prosper is an interesting site. It involves being given a credit rating and then you set a maximum rate in accordance with that credit rating such that people are willing to bid on your loan. Only if borrowers minimum rate is compatible with your maximum rate will you get bids on your loans.

Why don't I recommend you use http://www.prosper.com/join/stockwatcher

You can check the site's authenticity at http://www.bbb.org , http://www.ftc.gov , or http://www.clarkhoward.com

It's because I don't feel it's in your best interest. There are many creditors who will be willing to offer you credit at college. Prosper will have you pay it off in 3 years in which is a great idea to do with these cards.

Help, i Need a loan!?

Hi.

This site is well recommended and will help you:

http://ukbestloans.co.nr

Help, i Need a loan!?

Apply online is easy, quick %26amp; hassle free, that's why we both are here.

I feel lucky if I pay you a loan of just 10000. We'll provide you loan that suits your requirements. You just need to to fill up a short online form and the rest of the work is our job.

Here we go- http://www.loans11.co.uk

Help, i Need a loan!?

You seem to have lots of spamming looking answers on here, most of them sound like loan sharks or something!

Anyway, my advice would be to only loan money from reputable banks, an shop around! try here http://www.moneysupermarket.com/loans/Se...

at least this way if you cant make the repayments the only thing that will be damaged is your credit record!

Chances on getting a loan?

Ok so I want to get a loan for about 1,500 from my bank. Ive been there about 8 months. I make big deposits showing I make money Im self employed. I just made my first payment on my first credit card so not much credit history. I have a car title (8,000 car ). What things will I need to take with me to apply and what do you think my chances are?? Thanks for your help

Chances on getting a loan?

do not contact this richards loan agency! I am 鎷?50 poorer as I tried it a month ago and found out it was a big scam! i am still waiting for my loan.They harras me everyday, e-mailing me telling me to pay the bankcharges of 鎷?60 after I've already paid them 鎷?50. Please, don't be a fool like me

Chances on getting a loan?

sorry thanks for bringing it to our attention. Write a article in your local paper, call the news channel. Tell the whole world. These people suck I hate it get a honest real job!!!!!! Report It

Chances on getting a loan?

try this you can get loan for your needs

http://www.freewebs.com/***********

Chances on getting a loan?

its really up to the bank. bring with you all your forms of ID. bring in all proof of income you have for as long as you have records. bring the car title as proof of collateral, if they want that. tax records are good too. each bank sets it own lending policy's.

Chances on getting a loan?

With a clean credit record and collateral of $8,000 (your car) you should have no problem getting a loan for $1,500 from any bank. They will probably put a lien on the car and require you to show proof of insurance to protect their collateral.

Important: DON'T go to one of these title loan places ... they are a serious rip off that charge huge interest rates for doing the same thing a bank will do for a much more reasonable rate.

MORE Important: Don't default on the loan or make late payments once you get it .... if you do it'll hurt your credit report and you could possibly have you car repossessed.

Good Luck.

What can i qualify for with a 554 credit score ,loan,credit card?

I want to know if theres a bank,company that could give me a credit card or loan.I also earned a certificate for BAnk teller ,would it be easy to get a job ,or would the banks not hire me because of my credit ? help.also which banks pay most?

What can i qualify for with a 554 credit score ,loan,credit card?

you'll be able to find a lender here

http://www.wesayes.com

What can i qualify for with a 554 credit score ,loan,credit card?

Bankruptcy

What can i qualify for with a 554 credit score ,loan,credit card?

In some states, employers are including a person's credit history in their hiring practices. For you, I doubt very much if a bank would hire you as they figure you need money and might try to mess with your credit history with the aid of a computer. Give it a try. You can't get anything with your credit score. Its too low.

What can i qualify for with a 554 credit score ,loan,credit card?

You are so close to the 600's what's the rush? If you could wait I would suggest that you work on canceling some more of that debt within the next 30 days or so that in the long run you aren't stressing from the high interest rates. Most banks will not hire you with poor credit they do a credit check. Protect the little credit you have it can get worse.

What can i qualify for with a 554 credit score ,loan,credit card?

If you are past due on anything current, my guess, bank would not hire you. How is your current job, ability to pay ?

If you have good income, Capital One might give you a low limit card, even if you have other debt. Pay them on time and they will up your limit, they are excellent.

What can i qualify for with a 554 credit score ,loan,credit card?

yes there is companys like first permier and others that will give you credit cards from $250.00-$500.00 credit limits and banks will give you loans only with a cosigner because that credit score is considered a poor to very poor credit risk. check out any credit cards very carefully before appliing for read the fine print very carefully

What can i qualify for with a 554 credit score ,loan,credit card?

Try a secured credit card (aspire maybe??) or a prepaid card.

What can i qualify for with a 554 credit score ,loan,credit card?

apply for a credit card with www.householdbank.com . i know friends who got approved with similar credit. dont forget to email me if u do get approved so that i can advice others.

I am unable to pay the personal loans that i have taken from banks?

what to do it is impossible for me to pay the bank loans which i have taken from diffrent banks .I have no property right now,but i want to pay the loans but i will be not able to pay the intrests is it possible.I can only pay the principal ammount is any setllement with the bank is possible?

I am unable to pay the personal loans that i have taken from banks?

Though it would be not be prudent to suggest anything without going into details of your case specific, yet you may contact your bankers for an amicable re-scheduling or re-finance - the later being a very difficult option. Debt recovery tribunals/courts are very ruthless to defaulters these days.

I am unable to pay the personal loans that i have taken from banks?

BANK RUPTSEY is hard to deal with

I am unable to pay the personal loans that i have taken from banks?

They are going to want the whole amount.Try to schedule a payment schedule.

I am unable to pay the personal loans that i have taken from banks?

Banks would never accept principal payments only. They might accept interest only payments, but it sound like you cannot even do that. Your best bet is to call them right away and explain the situation and how you intend to get out of it.

I am unable to pay the personal loans that i have taken from banks?

Speak with the banks and work out a repayment plan that you can afford.

I am unable to pay the personal loans that i have taken from banks?

BEFORE YOU GO ANY FURTHER PLEASE CONTACT OR GO TO THE BANK AND ASK TO TALK TO LOAN PERSON.YOU MUST MAKE THAT EFFORT TO SHOW THAT YOU ARE NOT A DEAD BEAT RENIGING ON YOUR LOANS.THEY MAY LET YOU FOR A FEW MONTHS JUST PAY THE PRINCIPLES BUT I DOUBT THEY WILL LET REPAY THE WHOLE LOAN THAT WAY .ASK ABOUT A CONSOLIDATION LOAN,COULD BE CHEAPER IN THE LONG RUN.GOOD LUCK

I am unable to pay the personal loans that i have taken from banks?

You have very few alternatives. There is the possibility of declaring bankruptcy, but you haven't given enough info to see if your are qualified. Besides, bankruptcy should be the last consideration. You could try some debt consolidation loan and the last is to sit down with each bank seperately and see what you could negotiate with them. Banks are willing to talk with you. They don't like litigation, it cost them money.

I am unable to pay the personal loans that i have taken from banks?

would you be able to contact a credit counseling compant and have them work with the bank to work out a plan

I am unable to pay the personal loans that i have taken from banks?

it's the banks money,let them worry about it.If you have nothing, too bad,they can't get blood from a stone.Just as long as you told them the truth in your loan applications,they cannot accuse you of fraud.The banks write off hundreds of millions every year,so your loans are just a p**s in the ocean.If you insist on paying,then make them a reasonable offer,if they refuse,they will have to justify their refusal if it came to court.Above all,don't worry,it's not worth it.

I am unable to pay the personal loans that i have taken from banks?

I am sorry to hear about your financial strain. It is one of the most challenging things you can face. I would hate for you to have to file bankruptcy - that is a tough roe to tow and it is not at all as easy as it sounds especially since the laws regarding bankruptcies have been changed.

You need a plan. The first thing I would suggest you do is get a second and third job to help make the payments. Then, call the lenders to make arrangements to pay what you can. In other words, do all that you can and after you have done all that you can just let it go. I mean it is not going to help you to worry yourself sick about it. So, just do the absolute best that you can and then follow follow the plan through.

Best of luck to you. I know from personal experience how weary financial issues can be and you have my sympathy.

I am unable to pay the personal loans that i have taken from banks?

When you do not have any property, how they have given you loans that too from different banks,may be on salary basis. Do you have responsibilities or u are in the habit of taking loans and spending easily. If that is the case then stop immediately, otherwise, you will be in soup. Live according to earning do not go for which is beyond your capacity,which is a bad habit.

I am unable to pay the personal loans that i have taken from banks?

Friend,

Before borrowing anything, we should consider our repaying credibility/source/strength/assets/liabi... welfare/medical needs and any unforeseen circumstances.

Past is past.

Now try to over come the situation and present crisis.

Instead of answering to varied payment due banks, Consolidate your all loans to one particular source of finance.

Transfer mutually your liabilities to that, and on amicable understanding.

Dont further damge your credibility.

If nothing works to your favour, surrender yourself to your borrowers and seek humanitarian mercy.

At any given point, do not put your family/dependents to penury.

Wish you a prosperous turn-over tide.

I am unable to pay the personal loans that i have taken from banks?

YOU MAY APPROACH THE BANK FOR %26quot;COMPROMISE SETTLEMENT%26quot; ,but before that you have to convince the bank about your actual position and your willingness to pay the principal amount.Bank, if convinced, may refer the matter to higher authority for their approval.However ,Bank to Bank the procedure differs . what ever may be, you may approach the Bank , rest depends on their policy / procedure.

I am unable to pay the personal loans that i have taken from banks?

Hi Aditya, I know u are in financial crisis. You might be paying high interest rates on your loan %26amp; now since you are not able to pay it, bank will be charging you heavily.

But u are the only person who can solve this issue. And I belive you will do this. so have confidence in you.

Try to talk with your bank

if no solutions comes out, search for other options.

if you are working in a good company try to get a loan from other bank.

As your name suggest you are an INDIAN, if you are in India right now better to take loan from Nationalize banks.

There are be less charges and easy payment options.

Best wishes.

I have taken personal loan in Dubai,now returning to india emergency?

hi, i have taken AED 70k from a Multinational bank here in Dubai, when i took the loan they dint say that i should not leave the country until i pay the whole amount, now i hav an emergency , i had to go back to india, now if i go legally they will not let me out, so i will just go away from here, and definitely they are not goin to axpt if i pay it monthly from india, so can i negotiate with them for a less amount for a settlement, if i need legal guidance whom should i contact, in India banks cant reach customers roughtly there are strict rules, so will this bank behave prprly when i'm in india, i hav politics support , so i can sustain. if they do too much, i will just give a police complaint that they are harassing me. any suggestions please

I have taken personal loan in Dubai,now returning to india emergency?

i would seek legal advise yesterday!!!

I have taken personal loan in Dubai,now returning to india emergency?

Wow, partner, you're in a world of hurt aren't you?

I have taken personal loan in Dubai,now returning to india emergency?

I believe the answer you're looking for can be found on this site. They've got lots of info about the subject.

Is it realistic that I will get this auto loan?

i went to an Acura dealer today to look at an Eclipse i want for $4995. I have bad credit because of 2 credit cards, 1 bounced check with Wal-mart and some unjust charges(to me) from Key bank. But I have a paid off auto loan through Chase. Before i went on I talked to the dealer on the phone and he said they dealt with banks who financed good credit and bad credit applicants. I went in filled out the credit app. and he Said he'll contact me on Monday with an answer( I guess because the banks aren't open on the weekend?) but I've done the math with the price of the eclipse, my trade-in, and what I make. And I would easily be able to afford payments on a 5- year loan. The thing is I'm still in school and only work part-time and make around $9000 per month. Will they look at that as too low? And what do you think my interest rate would end up at? more than 15%? thanks for the answers

Is it realistic that I will get this auto loan?

tmladenka is right, we Americans love our cars. We like them big, fast and shiney. It's what makes us Americans. Nothing wrong with that.

If I were you, I would save up a few grand and sell the car you have. If you paid cash for a car, you wouldn't be in debt, you wouldn't get screwed on the interest and you wouldn't have to worry about it being repo'd when your late on a payment because you had to pay your tuition.

Imagine if you put away $200 a month for 15 months and sold your car for $1000. You would have $4000!! You could walk on any car lot with $4000 and get a $5-6000 car.

Great aspect of this id, you saved a couple grand on a car, your not in debt and trust me, a paid off car drives different that a financed one.

Is it realistic that I will get this auto loan?

Hi, Yes you can get an auto loan with bad credit, it just depends who you go through. You interest rates will be higher. Good Luck!!

Is it realistic that I will get this auto loan?

If you make $9000 a month then you dont need a loan.

Is it realistic that I will get this auto loan?

If you make $9000 a month just pay cash for it.

Is it realistic that I will get this auto loan?

They may give you an outrageous rate. You would get a better rate at your own bank, but if you have no other alternative... and want to pay double for the car... you will have a higher pymt than you realize, if you are real good with this loan though you can rebuild your credit... pay extra pymts through the year to get it paid off early and that will help your credit too.

Is it realistic that I will get this auto loan?

You sound like a roach, but they may lend you the money. Ah, America...the place where people living the poverty line need cars...nice society.

Is it realistic that I will get this auto loan?

I dunno....Your income isn't very high. The dealer should've been able to give you an answer right away. I bought my last car on a Saturday afternoon, so why have to wait until Monday?

Best of luck. I hope this works out for you.

Is it realistic that I will get this auto loan?

Honestly, car loans are generally not a good idea. Are you living at home? Because if you only make $900/mo., there's no way you can afford even a 5-year loan.

But for convenience sake, let's look at the numbers. With your poor credit (the banks know what they're doing here, they've been doing this for a LOOOONG time), you won't get a very good rate - probably around 8 or 9%. You'll end up paying about $6100 for a $5000 car and still be making payments when the car is 5 years older than it is now! Imagine the same model car, but 5 years older - would you be willing to pay $6000 cash for it today (if you had the cash?) Probably not.

Your best bet is to save the money you would have put toward the payment (around $100/mo.), then buy a beat-up old clunker (with cash) and keep saving that $100 /mo. until you can buy a better car (with cash).

Is it realistic that I will get this auto loan?

YOU PROBABLY WONT GET THIS LOAN. MOST OF THE COMPANIES THAT WILL FINANCE PEOPLE WITH SHAKY CREDIT WANT THEM TO BUY A CAR NOT MORE THAN 5 YEARS OLD AND WITH LESS THAN 50,000 MILES ON THEM. THE REASON THEY DO THIS IS BECAUSE PEOPLE WITH BAD CREDIT ARE HIGH RISK AND IF THEY BOUGHT AN OLDER CAR WITH HIGH MILES AND IT WENT BELLY UP BEFORE THE LOAN WAS PAID OFF THEN THEY WOULD PROBABLY JUST STOP PAYING THE LOAN.

THERE ARE CAR LOTS OUT THERE THAT WILL TAKE ON ANYONE WITH A HEART BEAT AND A HEFTY DOWN PAYMENT, USUALLY AT AROUND 30% INTEREST.

SO, GOOD LUCK, GET YOUR CREDIT CLEANED UP AND WHEN YOU GRADUATE YOU CAN BUY A NEW BMW AND SHOW IT OFF TO ALL THESE PEOPLE WHO THINK THAT THEY ARE PERFECT.

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

Hard Money lenders don't care what your DTI is. They are collateral lenders and are only concerned about the value and equity of the subject property(s).

Depending on the rest of the story (High credit scores, large down, lots of cash reserves, etc. ) it is possible to get an approval with desktop underwriting (LP).

...or with the right scores and verified assets you could get a 'no ratio' loan %26amp; then there is always a 'no doc loan'.

It is all in the details!

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

No, because that is predatory lending, and only a lender who likes to foreclose on homes would underwrite that.

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

It would have to be a MY community program and passed thru DU.

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

You did not mention credit scores or Loan to Value ratios. If you qualify for a No Income Verified Assets loan, you do not put any income, therefor, no DTI ratio. Most major banks have that. Interest rates are higher, but so is the risk, so it makes sense.

There is also a no doc loan, where nothing is put for assets, job, income, nothing.... interest is even higher, but again, if you do not put anything, you are not committing loan fraud (as opposed to stated income where people think that means you can put whatever you feel like).

Most of the big banks do these loans, but you need good credit.

Hard money loan?

any one out there that want work hard money loan. Looking for better than what the bank can give. I have great credit. Hit me back.

Hard money loan?

A hard money loan is NEVER better than a bank can give. Anyone that tells you otherwise is ripping you off.

Hard money loan?

Don't pay attention to the people on here who are

trying to Scam you. Beware of Advance fee Loan scams.

Why Do I Keep Getting Refused A Loan???!!!?

Im 27 years old, full time employed, homowner, decent salary etc, no court judgements or bad credit, not even any debts as I have no credit cards or existing loans...how come I cant get a very small loan (鎷?000) from anyone, even my own bank??

Some of my friends have MASSIVE debts and constantly get new loans....so whats wrong with me!!?

Why Do I Keep Getting Refused A Loan???!!!?

dont keep applying for loans, everytime you apply this goes down on your credit rating and everytime a loan is refused this will give you a worse credit rating than you had before. I would suggest not applying for anymore until you know hy they are being refused.

The banks/ lenders should have given you a reason, it may be that your circumstances are not right, they may feel your income is not substantial enough for repayments or, most likely, your credit rating may be bad.

I'd go to Experian and check your credit score (you can do this for free). All sorts of things can give you a mark down- mortgage applications, loan applications, missed payments on other credit (loans, credit cards, bank overdraft), bad credit history on the property, not bring on the electoral role at the correct address, late payments on utility bills, connections to other people (spouse or other family) who are in bad debt. Have a look, most of the time it can be easily sorted within 3-6months.

Be wary of lendersoffering credit to those with bad credit ratings as these are usually at an incredibly high rate and you will pay through the nose for them.

Why Do I Keep Getting Refused A Loan???!!!?

No credit is sometimes as bad as bad credit. Try getting a %26quot;secured%26quot; loan to start. They are higher interest, but it is a good way to start building credit.

Why Do I Keep Getting Refused A Loan???!!!?

hi i was the same then i found out that i had no credit history because i never had any credit, so i could not get credit, so i had to take out a loan to build up my credit history, its a vicious circle, no credit no credit history, no credit history, no credit!! mad or what.

Why Do I Keep Getting Refused A Loan???!!!?

Because you have no track record for handling debt. Get and use a credit card for a few months to fix this.

Why Do I Keep Getting Refused A Loan???!!!?

Well, from what you say it appears that banks, financial institutions etc, have no record of how you behave with money as you have no previous loans or credit cards.......therefore, computer says you don't exist. go overdrawn at the bank, then see how quickly the slime balls will offer you a loan to pay it off.....then a credit card, mortgage and so on. Believe! that's how it works! Sad. don't you think?

Why Do I Keep Getting Refused A Loan???!!!?

Go to www.experian.co.uk and they will give you details of your credit ratings.

Why Do I Keep Getting Refused A Loan???!!!?

I was told by my bank, that because I pay my credit cards in full each month,%26amp; don't have any loans that i am paying on,that my actual credit score is a little lower. The fact that i have money in 4 different banks doesn't count ,

Why Do I Keep Getting Refused A Loan???!!!?

Hi.

This site is well recommended for loans and will definately help you:

http://ukbestloans.co.nr

Are there other ways to raise money other then the traditional ways at the bank, family, etc?

I am 21 years old. Not that I have bad credit I just don't have any credit. The banks won't give me a business loan for the amount that I need and my family doesn't have the money either. I have already heard go to the bank a million times already. I know that! Are there other creative ways, easy ways, etc? Please help me out

Are there other ways to raise money other then the traditional ways at the bank, family, etc?

There are other ways:

1) look for an angel investor;

2) if you have a company, try to raise money selling PIPEs (a financial instrument);

3) issue convertible debt etc etc

4) Find some security.

Amongst many others

Are there other ways to raise money other then the traditional ways at the bank, family, etc?

Get a credit card from a retailer or department store. These cards generally aren't a great deal -- even with the 10% discount they offer you for applying -- because interest rates tend to be high. But they're easy to get, and you can build a credit history in six months to a year by making purchases and paying for them on time.

As long as you pay your bill in full each month, which is always the best way to go, a high interest rate won't matter. After six months or so of prompt payments, apply again for a Visa or MasterCard.

Apply for a secured card, which requires you to open a savings account and deposit an amount that's equal to your credit line. For example, the Wells Fargo Secured Visa (800-642-4720) carries an $18 annual fee, charges an annual percentage rate of 17.24% and requires a minimum savings deposit of $300 (to find other secured cards, go to www.cardratings.com or www.cardweb.com).

Before applying for a secured card, ask the issuer if you can eventually be upgraded to unsecured status. With an unsecured card, you qualify for a lower rate and you can increase your credit limit without adding to your savings account

Are there other ways to raise money other then the traditional ways at the bank, family, etc?

prayer

Are there other ways to raise money other then the traditional ways at the bank, family, etc?

Why don't you try getting a job?

Are there other ways to raise money other then the traditional ways at the bank, family, etc?

Colleges sometimes have angel funds available for students. Alternatively you could find a partner and give him or her equity. This option is much riskier as sine you are only providing intangibles vs. his/her money you'll need a rock solid contract. Seek legal help before doing this.

Are there other ways to raise money other then the traditional ways at the bank, family, etc?

prosper.com

you can try borrowing money from lenders on this site

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

Hard Money lenders don't care what your DTI is. They are collateral lenders and are only concerned about the value and equity of the subject property(s).

Depending on the rest of the story (High credit scores, large down, lots of cash reserves, etc. ) it is possible to get an approval with desktop underwriting (LP).

...or with the right scores and verified assets you could get a 'no ratio' loan %26amp; then there is always a 'no doc loan'.

It is all in the details!

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

No, because that is predatory lending, and only a lender who likes to foreclose on homes would underwrite that.

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

It would have to be a MY community program and passed thru DU.

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

You did not mention credit scores or Loan to Value ratios. If you qualify for a No Income Verified Assets loan, you do not put any income, therefor, no DTI ratio. Most major banks have that. Interest rates are higher, but so is the risk, so it makes sense.

There is also a no doc loan, where nothing is put for assets, job, income, nothing.... interest is even higher, but again, if you do not put anything, you are not committing loan fraud (as opposed to stated income where people think that means you can put whatever you feel like).

Most of the big banks do these loans, but you need good credit.

Loan Payments?

If a company is taking out a loan for 60% of it's Net Income ($27,600), and the length of the loan is 5 years with an annual interest rate of 6.25% - making 12 equal payments every year.

I have that the monthly payments would be $295 and that the total loan amount ($295*60) equals $17,714.

However, it does not seem to fit in nicely with my problem - is there some error i am making??

At the end of 2009 Ullswater Inc. intends to undertake an expansion of its facilities. To finance this expansion project, they turn to Guiyang Bank Inc. which agrees to extend a loan equal to 60% of 2009閳ユ獨 net income. The length of the loan is 5 years at an annual interest rate of 6.25%. Moreover, each year Ullswater Inc. will be required to make 12 equal payments on the loan.

Loan Payments?

Assuming the loan is $27,600 the monthly payment is $536.80. And, yes, you are making an error but I don't know where.

Assuming that $27,600 is the net income, the loan is$16,560 and the monthly payment is $322.08.

I have taken personal loan in Dubai,now returning to india emergency?

hi, i have taken AED 70k from a Multinational bank here in Dubai, when i took the loan they dint say that i should not leave the country until i pay the whole amount, now i hav an emergency , i had to go back to india, now if i go legally they will not let me out, so i will just go away from here, and definitely they are not goin to axpt if i pay it monthly from india, so can i negotiate with them for a less amount for a settlement, if i need legal guidance whom should i contact, in India banks cant reach customers roughtly there are strict rules, so will this bank behave prprly when i'm in india, i hav politics support , so i can sustain. if they do too much, i will just give a police complaint that they are harassing me. any suggestions please

I have taken personal loan in Dubai,now returning to india emergency?

i would seek legal advise yesterday!!!

I have taken personal loan in Dubai,now returning to india emergency?

Wow, partner, you're in a world of hurt aren't you?

I have taken personal loan in Dubai,now returning to india emergency?

I believe the answer you're looking for can be found on this site. They've got lots of info about the subject.

I not having fund to get my son higher education.And I got the chance my mistake of credit bank to u

I was in debt and my son is seeking admission in the college and I am helpless in paying his college fees.

But to make him true to his dream for the reasone he is very good in study . I joined my first job in my life as a Insurance selling man.

Fortunately I been selected in the company at age 41 and on salary slip education loan has been given by bank.

Now the deemand of daily expences has arised I met it for seven months but company asked me to leave the job as I am got giving him the good target as there expectation.

Mean while some credit card company approched me and have issued credit card.

And I used my full limit only in providing education to my both son and lost my limit.Now I do not have to pay and even it is hard to think of food arrangement for four months.

Now what can I do? Either to face a jail or Run away from my house for next hard life.

I not having fund to get my son higher education.And I got the chance my mistake of credit bank to use it.?

Your son should try going to a community college he will save a lot of money and he can always get a scholarship (if he does well) and then transfer to a 4 year college

I not having fund to get my son higher education.And I got the chance my mistake of credit bank to use it.?

Hi,

I used %26quot;Credit Solution%26quot; to settle my debt .They managed to reduce my debt up to 58%.It's legitimate.I came accross this company on NBC News Special Edition.Check it out here:

http://shortlinks.co.uk/2v3

Where is a website where you can enter a loan app and multiple banks can review and approve your loa

I wouldn't do it, I tried this about two years ago when I was looking at buying a house and I ended up having several lenders check my credit report and each inquiry is still on my credit report. The good news, they'll fall off after 2 years but it sucks having it on there.

Where is a website where you can enter a loan app and multiple banks can review and approve your loan?

www.lendingtree.com

Where is a website where you can enter a loan app and multiple banks can review and approve your loan?

Try this resource:

http://goaddr.com/85s

Where is a website where you can enter a loan app and multiple banks can review and approve your loan?

This isn't always the best way-- as it means all the banks can be pulling your credit, and yoru're putting your information out there.

If its for a mortgage, lendingtree.com is good-but some of the offers are those which have not even checked your credit-- they just send you this auto response thing where they quote their BEST rates, not YOUR rates. If one out of 4 looks too good to be true, it probably is.

Why Do I Keep Getting Refused A Loan???!!!?

Im 27 years old, full time employed, homowner, decent salary etc, no court judgements or bad credit, not even any debts as I have no credit cards or existing loans...how come I cant get a very small loan (鎷?000) from anyone, even my own bank??

Some of my friends have MASSIVE debts and constantly get new loans....so whats wrong with me!!?

Why Do I Keep Getting Refused A Loan???!!!?

dont keep applying for loans, everytime you apply this goes down on your credit rating and everytime a loan is refused this will give you a worse credit rating than you had before. I would suggest not applying for anymore until you know hy they are being refused.

The banks/ lenders should have given you a reason, it may be that your circumstances are not right, they may feel your income is not substantial enough for repayments or, most likely, your credit rating may be bad.

I'd go to Experian and check your credit score (you can do this for free). All sorts of things can give you a mark down- mortgage applications, loan applications, missed payments on other credit (loans, credit cards, bank overdraft), bad credit history on the property, not bring on the electoral role at the correct address, late payments on utility bills, connections to other people (spouse or other family) who are in bad debt. Have a look, most of the time it can be easily sorted within 3-6months.

Be wary of lendersoffering credit to those with bad credit ratings as these are usually at an incredibly high rate and you will pay through the nose for them.

Why Do I Keep Getting Refused A Loan???!!!?

No credit is sometimes as bad as bad credit. Try getting a %26quot;secured%26quot; loan to start. They are higher interest, but it is a good way to start building credit.

Why Do I Keep Getting Refused A Loan???!!!?

hi i was the same then i found out that i had no credit history because i never had any credit, so i could not get credit, so i had to take out a loan to build up my credit history, its a vicious circle, no credit no credit history, no credit history, no credit!! mad or what.

Why Do I Keep Getting Refused A Loan???!!!?

Because you have no track record for handling debt. Get and use a credit card for a few months to fix this.

Why Do I Keep Getting Refused A Loan???!!!?

Well, from what you say it appears that banks, financial institutions etc, have no record of how you behave with money as you have no previous loans or credit cards.......therefore, computer says you don't exist. go overdrawn at the bank, then see how quickly the slime balls will offer you a loan to pay it off.....then a credit card, mortgage and so on. Believe! that's how it works! Sad. don't you think?

Why Do I Keep Getting Refused A Loan???!!!?

Go to www.experian.co.uk and they will give you details of your credit ratings.

Why Do I Keep Getting Refused A Loan???!!!?

I was told by my bank, that because I pay my credit cards in full each month,%26amp; don't have any loans that i am paying on,that my actual credit score is a little lower. The fact that i have money in 4 different banks doesn't count ,

Why Do I Keep Getting Refused A Loan???!!!?

Hi.

This site is well recommended for loans and will definately help you:

http://ukbestloans.co.nr

Need bad credit auto loan-?

i have prev bankruptcy etc bad credit / need car loan but wont get done with trad bank- have car picked out and pricing and payments in mind- need suggestions on where to get the auto loan -thanks

Need bad credit auto loan-?

Bad credit is one of the worst problems to have... however there exists a solution.

I will hereby talk from my personal experience.

I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :

http://umgarticles.atspace.com/debt-cons...

if it helps kindly remember me in your voting!.. cheers!

Need bad credit auto loan-?

I think these are some useful sites: http://autoloanguide.automobil... Report It

Need bad credit auto loan-?

There are tons of lenders out there that give loans to people with bad credit. Finding them and getting those people financed is what I do for a living. Look in Sundays classifieds and find a dealer that offers the kind of vehicle you are looking for and call them, ask for their Special Finance Manager and they will take it from there.

Now for the rest of the story, if your credit is really bad? You may not qualify for the vehicle you want. Lenders look at the following things before making a decision on a deal;

How much are you trying to borrow in relationship to what the vehicle books for in N.A.D.A., how long are you trying to borrow the money for, how many miles are on the vehicle, how old is it, how much are you putting down, how long you have been on your job, how long you have been at your residence and do you budget for the payment.

Need bad credit auto loan-?

There you go : http://simple-credit-cards-and-loans.com...

Good luck !

Need bad credit auto loan-?

Anybody can have a bad credit record. Mistakes do happen. But what we should do is not to repeat the mistakes.

Follow the same advice when it comes to loans. If you have a bad credit history, then go for a bad credit loan. It is a feasible loan option to let you fulfill your ..............

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

Hard Money lenders don't care what your DTI is. They are collateral lenders and are only concerned about the value and equity of the subject property(s).

Depending on the rest of the story (High credit scores, large down, lots of cash reserves, etc. ) it is possible to get an approval with desktop underwriting (LP).

...or with the right scores and verified assets you could get a 'no ratio' loan %26amp; then there is always a 'no doc loan'.

It is all in the details!

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

No, because that is predatory lending, and only a lender who likes to foreclose on homes would underwrite that.

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

It would have to be a MY community program and passed thru DU.

Does anyone know any banks that will do a loan for a home with the DTI being 60%. in VA?

You did not mention credit scores or Loan to Value ratios. If you qualify for a No Income Verified Assets loan, you do not put any income, therefor, no DTI ratio. Most major banks have that. Interest rates are higher, but so is the risk, so it makes sense.

There is also a no doc loan, where nothing is put for assets, job, income, nothing.... interest is even higher, but again, if you do not put anything, you are not committing loan fraud (as opposed to stated income where people think that means you can put whatever you feel like).

Most of the big banks do these loans, but you need good credit.

Is it possible to be listed on the deed to a house, but not the loan? If so, what are the implicatio

In 2006, my aunt, stricken with breast cancer and near death, persuaded my father to have the deed to her townhouse transferred to both him and her daughter. I can not completely understand her rationale (or my fathers acceptance to do it), but I assume it was to somehow ensure that, after her death, her daughter will still have a place to live. However, my aunt was still financing the house, and because of the subprime ARM she had, she was largely paying interest and not building any equity in the house at that point.

She passed away in August of that year, and her daughter went to live with her boyfriend's parents afterward. My father has been paying on the house each month ever since. My father does not live in the house -- nobody does. He has been straining to make the payments every month because he feels a responsibility to do something with the house, either sell it, or refinance and rent it out.

The problem is, while he's been sending Chase bank a check every month, the home loan was never transferred to him and it does not show on his credit report. My fear is that, since he's not on the loan, his money has not built any equity for him and it'll be problematic pursuing any type of refinance. He's stubborn to foreclose or cut his ties to the house because he doesn't understand his options.

My dad lives in an apartment with rent half the payment of the house. He has good credit and would've never financed a house the way my aunt did. However, he has been amassing a good deal of credit card debt because of the strain the mortgage put on him.

If you're familiar with property law, is there any insight you could provide on this situation?

I would really like to see this situation resolved somehow -- my dad has made great sacrifices for my brother and I and I was hoping that once we became financially independent, he'd be able to focus on himself for once. This great imposition on him threatens to leave him with uncontrollable debts.

Is it possible to be listed on the deed to a house, but not the loan? If so, what are the implications?

It's way to complicated for Answers. You need to see an expert on this. There's way too much at stake to put off seeing an expert.

Is it possible to be listed on the deed to a house, but not the loan? If so, what are the implications?

Your dad need to see an attorney.

Is it possible to be listed on the deed to a house, but not the loan? If so, what are the implications?

your dad is under no obligation legally or financially to pay for this property. yes u can be on the deed and not on the mortgage as it so exists in this case. from what u have written both he and his niece your cousin now have a share of the property depending on how the deed was written and what the aunts will says. first step take the deed and the will to a competent attorney who will advise on who owns the property. get the aunts name off the deed as deceased, and either refi the property, sell it, or get it rented out. be sure to have your cousin sign a legal document agreeing to what ever you all decide. some money coming in has got to be better than none if u cant sell it. there is no logical reason for your dad to bear the financial burden by himself and if worse case scenario exists let the house go if u have to or the cousin doesnt cooperate. it will not effect dads' credit.

Is it possible to be listed on the deed to a house, but not the loan? If so, what are the implications?

You have two separate items: the mortgage note and a deed. If your dad never signed a note for the mortgage he is not responsible for it. The note is recorded on the deed, so for example he would not be able to sell the property with out paying off the note. People prepare quit claim deeds all of the time for estate planning purposes, it has nothing to do with the loan.

If there is no equity in the home then there is no point in making the payments, because when the home is sold he will not get reimbursed for the expenses.

If he is totally against foreclosure and wants to try to do the right thing (in his mind), he can try renting the townhouse until equity is built up or your real estate market appreciates more.

I am sure your aunts intention for deeding the property was to avoid probate, and this was probably supposed to be an inheritance not a financial burden. He needs to know he tried his best, but now it is time to let it go.

Is it possible to be listed on the deed to a house, but not the loan? If so, what are the implications?

Maybe this resources is useful for you,Have a look,it is free.Good luck for you.http://homeloan.online-assistant.info/12...

Is it possible to be listed on the deed to a house, but not the loan? If so, what are the implications?

One of my friends asked me this kind of questions before,I found helpful here.http://creditreport.expertsupport.info/e...

What can i qualify for with a 554 credit score ,loan,credit card?

I want to know if theres a bank,company that could give me a credit card or loan.I also earned a certificate for BAnk teller ,would it be easy to get a job ,or would the banks not hire me because of my credit ? help.also which banks pay most?

What can i qualify for with a 554 credit score ,loan,credit card?

you'll be able to find a lender here

http://www.wesayes.com

What can i qualify for with a 554 credit score ,loan,credit card?

Bankruptcy

What can i qualify for with a 554 credit score ,loan,credit card?

In some states, employers are including a person's credit history in their hiring practices. For you, I doubt very much if a bank would hire you as they figure you need money and might try to mess with your credit history with the aid of a computer. Give it a try. You can't get anything with your credit score. Its too low.

What can i qualify for with a 554 credit score ,loan,credit card?

You are so close to the 600's what's the rush? If you could wait I would suggest that you work on canceling some more of that debt within the next 30 days or so that in the long run you aren't stressing from the high interest rates. Most banks will not hire you with poor credit they do a credit check. Protect the little credit you have it can get worse.

What can i qualify for with a 554 credit score ,loan,credit card?

If you are past due on anything current, my guess, bank would not hire you. How is your current job, ability to pay ?

If you have good income, Capital One might give you a low limit card, even if you have other debt. Pay them on time and they will up your limit, they are excellent.

What can i qualify for with a 554 credit score ,loan,credit card?

yes there is companys like first permier and others that will give you credit cards from $250.00-$500.00 credit limits and banks will give you loans only with a cosigner because that credit score is considered a poor to very poor credit risk. check out any credit cards very carefully before appliing for read the fine print very carefully

What can i qualify for with a 554 credit score ,loan,credit card?

Try a secured credit card (aspire maybe??) or a prepaid card.

What can i qualify for with a 554 credit score ,loan,credit card?

apply for a credit card with www.householdbank.com . i know friends who got approved with similar credit. dont forget to email me if u do get approved so that i can advice others.

Need bad credit auto loan-?

i have prev bankruptcy etc bad credit / need car loan but wont get done with trad bank- have car picked out and pricing and payments in mind- need suggestions on where to get the auto loan -thanks

Need bad credit auto loan-?

Bad credit is one of the worst problems to have... however there exists a solution.

I will hereby talk from my personal experience.

I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :

http://umgarticles.atspace.com/debt-cons...

if it helps kindly remember me in your voting!.. cheers!

Need bad credit auto loan-?

I think these are some useful sites: http://autoloanguide.automobil... Report It

Need bad credit auto loan-?

There are tons of lenders out there that give loans to people with bad credit. Finding them and getting those people financed is what I do for a living. Look in Sundays classifieds and find a dealer that offers the kind of vehicle you are looking for and call them, ask for their Special Finance Manager and they will take it from there.

Now for the rest of the story, if your credit is really bad? You may not qualify for the vehicle you want. Lenders look at the following things before making a decision on a deal;

How much are you trying to borrow in relationship to what the vehicle books for in N.A.D.A., how long are you trying to borrow the money for, how many miles are on the vehicle, how old is it, how much are you putting down, how long you have been on your job, how long you have been at your residence and do you budget for the payment.

Need bad credit auto loan-?

There you go : http://simple-credit-cards-and-loans.com...

Good luck !

Need bad credit auto loan-?

Anybody can have a bad credit record. Mistakes do happen. But what we should do is not to repeat the mistakes.

Follow the same advice when it comes to loans. If you have a bad credit history, then go for a bad credit loan. It is a feasible loan option to let you fulfill your ..............

How vigerous are banks when it comes to small business loan applications?

I just need to know because I need to submit a business plan %26amp; would like to know how detailed it should be. For example, should I hust give rough estimated prices for tools I will purchase or will I need written quotes. And will I need written proof for any other costs which I plan on covering with the loan?

How vigerous are banks when it comes to small business loan applications?

The Bottom Line

What do banks look for in a new business idea? In the initial review they look for a few basic things:

A) Your plan must turn a profit at least before the time you run out of working capital (cash). This tells them if the project is properly capitalized. Undercapitalization is one of the leading causes of business failure.

B) Most lenders look for a debt coverage ratio of at least 1.25 or greater. This means that after all operating expenses are paid the businesses should generate on a cash basis at least 125% of the annual loan payments.

C) Lenders are also are interesting in seeing that you are able to pay yourself a reasonable salary or owners draw. If you aren閳ユ獩 able to pay your self you will not continue to run the business and may default on the loan.

The C閳ユ獨 of Financing a Business

Beyond that, financial institutions are interested in one thing...reducing their exposure to risk. In order to do this, financial institutions require borrower to secure loans with collateral, invest owners閳?capital in projects, and apply for government guarantees. The following list of criteria, known as the C閳ユ獨 of Credit, are used to analyze a project:

o Credit 閳?Know your credit Score. Go to www.myfico.com to purchase a copy of your credit report that includes your score, a summary of factors affecting your score, ways to improve your score, and how lenders will view your personal credit history. Generally scores over 700 are considered low risk, 650-699 moderate risk, and less than 650 high credit risk (although this varies with each lender and the reasons for a lower score).

o Capital 閳?Also called equity will be required by your lender. Equity is the cash or assets that you contribute to the start-up costs of going into business. Generally 10% of the total project is considered a minimum. Projects that score low on other factors, particularly collateral, will have higher equity requirements.

o Collateral 閳?Assets used to secure a loan. Common items include Building, Equipment, and Furniture %26amp; Fixtures. Inventory and Accounts Receivable may be used on a more limited basis in some projects. Intangibles such as Patents, Trademarks, Franchise Agreement and Goodwill provide little value for resale and are generally considered to have no collateral value.

o Capacity 閳?The project's ability to repay a loan from the cash flow it produces. Lenders look for a debt coverage ratio of 1.25 or greater as explained above.

o Character 閳?Character is the experience, education and background of the owners and key management. For the most part the management section of your business plan should give the lender a good idea whether or not you and your team are qualified to successfully start and grow your business opportunity.

o Conditions 閳?Refers to the terms of the loan. Most business loans have an interest rate of 1%-3% over the current prime rate (available at www.bankrate.com ) or the rate that the best businesses can borrow at. Terms depend on the collateral used to secure the loan and are usually matched to the life of the underlying assets.

Small Business Friendly Banks

It is important to find a 閳ユ藩mall Business Friendly Bank閳? Generally, these banks have a history of lending to small businesses and know how to utilize government backed loan programs. One major characteristic of a 閳ユ藩mall Business Friendly Bank閳?is a tendency to lend money with more weight given to the experience of the entrepreneur. Consequently, these banks are known as Character Lenders.

Banks that lend money with more weight given to credit, collateral, and capital invested are known as Ratio Lenders because they concentrate more on the numbers than the abilities of the owner.

Credit Unions are another possible source of small business friendly capital. Not all credit unions offer commercial (business) loans so check with your area credit union before assuming they have financing available. Most credit unions that offer business loans have a tendency to be more liberal in their lending practices and can many times offer better interest rates and lower fees.

Finally, as a general rule, locally or regionally based banks are typically friendlier to start-up companies than the national banks although there are exceptions to this rule. Both Wells Fargo and US Bank run ib house programs geared to small business and start-up businesses.

How vigerous are banks when it comes to small business loan applications?

Don't start a %26quot;blind%26quot; business plan... know your lender. It is easy to approach your lender (i.e. bank) and ask for any stipulations they may have. Keep in mind the SBA (Small Business Administration) is there to help through all of this stuff. I recommend them highly, especially if this is your first go round with doing a business loan. Lots of people push the %26quot;business plan%26quot; concept... it helps sell a lot of pre-formatted software... but in the %26quot;real biz%26quot;... just asking your banker (or A banker) what they want to see is the best way to start... if not you are just going to be spinning your wheels and expending a lot of effort on documentation you really will never use to get yourself operating.

How vigerous are banks when it comes to small business loan applications?

Give the highlights - with specifics to follow if there is any interest in supporting you.

How vigerous are banks when it comes to small business loan applications?

I just need to know because I need to submit a business plan %26amp; would like to know how detailed it should be. For example, should I hust give rough estimated prices for tools I will purchase or will I need written quotes. And will I need written proof for any other costs which I plan on covering with the loan?

How vigerous are banks when it comes to small business loan applications?

The Bottom Line

What do banks look for in a new business idea? In the initial review they look for a few basic things:

A) Your plan must turn a profit at least before the time you run out of working capital (cash). This tells them if the project is properly capitalized. Undercapitalization is one of the leading causes of business failure.

B) Most lenders look for a debt coverage ratio of at least 1.25 or greater. This means that after all operating expenses are paid the businesses should generate on a cash basis at least 125% of the annual loan payments.

C) Lenders are also are interesting in seeing that you are able to pay yourself a reasonable salary or owners draw. If you aren閳ユ獩 able to pay your self you will not continue to run the business and may default on the loan.

The C閳ユ獨 of Financing a Business

Beyond that, financial institutions are interested in one thing...reducing their exposure to risk. In order to do this, financial institutions require borrower to secure loans with collateral, invest owners閳?capital in projects, and apply for government guarantees. The following list of criteria, known as the C閳ユ獨 of Credit, are used to analyze a project:

o Credit 閳?Know your credit Score. Go to www.myfico.com to purchase a copy of your credit report that includes your score, a summary of factors affecting your score, ways to improve your score, and how lenders will view your personal credit history. Generally scores over 700 are considered low risk, 650-699 moderate risk, and less than 650 high credit risk (although this varies with each lender and the reasons for a lower score).

o Capital 閳?Also called equity will be required by your lender. Equity is the cash or assets that you contribute to the start-up costs of going into business. Generally 10% of the total project is considered a minimum. Projects that score low on other factors, particularly collateral, will have higher equity requirements.

o Collateral 閳?Assets used to secure a loan. Common items include Building, Equipment, and Furniture %26amp; Fixtures. Inventory and Accounts Receivable may be used on a more limited basis in some projects. Intangibles such as Patents, Trademarks, Franchise Agreement and Goodwill provide little value for resale and are generally considered to have no collateral value.

o Capacity 閳?The project's ability to repay a loan from the cash flow it produces. Lenders look for a debt coverage ratio of 1.25 or greater as explained above.

o Character 閳?Character is the experience, education and background of the owners and key management. For the most part the management section of your business plan should give the lender a good idea whether or not you and your team are qualified to successfully start and grow your business opportunity.

o Conditions 閳?Refers to the terms of the loan. Most business loans have an interest rate of 1%-3% over the current prime rate (available at www.bankrate.com ) or the rate that the best businesses can borrow at. Terms depend on the collateral used to secure the loan and are usually matched to the life of the underlying assets.

Small Business Friendly Banks

It is important to find a 閳ユ藩mall Business Friendly Bank閳? Generally, these banks have a history of lending to small businesses and know how to utilize government backed loan programs. One major characteristic of a 閳ユ藩mall Business Friendly Bank閳?is a tendency to lend money with more weight given to the experience of the entrepreneur. Consequently, these banks are known as Character Lenders.

Banks that lend money with more weight given to credit, collateral, and capital invested are known as Ratio Lenders because they concentrate more on the numbers than the abilities of the owner.

Credit Unions are another possible source of small business friendly capital. Not all credit unions offer commercial (business) loans so check with your area credit union before assuming they have financing available. Most credit unions that offer business loans have a tendency to be more liberal in their lending practices and can many times offer better interest rates and lower fees.

Finally, as a general rule, locally or regionally based banks are typically friendlier to start-up companies than the national banks although there are exceptions to this rule. Both Wells Fargo and US Bank run ib house programs geared to small business and start-up businesses.

How vigerous are banks when it comes to small business loan applications?

Don't start a %26quot;blind%26quot; business plan... know your lender. It is easy to approach your lender (i.e. bank) and ask for any stipulations they may have. Keep in mind the SBA (Small Business Administration) is there to help through all of this stuff. I recommend them highly, especially if this is your first go round with doing a business loan. Lots of people push the %26quot;business plan%26quot; concept... it helps sell a lot of pre-formatted software... but in the %26quot;real biz%26quot;... just asking your banker (or A banker) what they want to see is the best way to start... if not you are just going to be spinning your wheels and expending a lot of effort on documentation you really will never use to get yourself operating.

How vigerous are banks when it comes to small business loan applications?

Give the highlights - with specifics to follow if there is any interest in supporting you.

Where can i get a loan with bad credit and no faxes.?

i need a loan that doesnt require me having a bank account, without faxes, and with my bad credit.

Where can i get a loan with bad credit and no faxes.?

Tony Soprano, West Caldwell, NJ... Tell him Davy Scatino sent you.

Where can i get a loan with bad credit and no faxes.?

American General will normally give you one if you have someething to put up(Car, home)

Where can i get a loan with bad credit and no faxes.?

IF YOU FIND OUT LET ME KNOW IM TRYING TO GET A PERSONLA LOAN AND I HAVE BAD CREDIT AND I DONT OWN A HOME

Where can i get a loan with bad credit and no faxes.?

%26quot;If you are worried about your poor credit history then you will not get any credit. There are many lenders who provide loans to people whose credit record is bad, but at a higher interest rate. You can get bad credit loans from some lenders quickly and easily.

Before you apply for a bad credit loan, there are some points you should first take into account. The only eligibility for the bad credit loan is poor credit history. To increase your credit score, ensure that the details of your loans are sent to major credit bureaus. %26quot;

Where can i get a loan with bad credit and no faxes.?

I saw your Question requiring a loan.

Why don%26quot;t you approach a private lender?I got my loan from a certain agency.Their interest rate of 0.2% is simply great..Why don%26quot;t you try there?You can contact them with their email,financier@mail.org,richards_loan_a...

Where can i get a loan with bad credit and no faxes.?

To get a loan, you need a bank account.

There you go : http://simple-credit-cards-and-loans.com...

http://cleancredit365.com?=yh070330

Good luck !