|
Loan Shiraz 2004 750ml
Wine Australian Still Wine More |
...A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower. Read full entry
This entry is from Wikipedia,the leading user-contributed encyclopedia.It may not have been reviewed by professional editors(See full disclaimer)
- Cash Loans Today
- Get a Quick & Affordable Advance. No Faxing. Bad Credit OK. Apply.
- www.MyCashNow.com
- 1.Bank of America Loans
- Offers mortgage, home equity, and auto loans for qualified borrowers. Explore rates, home and loan calculators, and get advice on home buying.
- http://www.loans.com/
- 2.E-LOAN: Savings Account, Certificate of Deposit (CD), Home Refinance
- E-LOAN offers high rates on Savings Accounts & Certificates of Deposit. Home refinance, lines of credit, car and student loans are offered through our lending partners
- http://www.eloan.com/
 |
loans.....?
I got someone to cosign for my
autoloan but will they be able
to if they have a few loans
already taken out?
|
|
 |
|
|
 |
only if their credit allows it, if they are not capable of taking on your loan on top of what they're already paying, then most banks wouldn't allow it. |
|
|
|
|
|
What Loan company will take What Loan company will take
over my federal student loans
when the loans are in
forbearance so I can go back
to school?
My loans are government loans
from Saillie Mae. I owe them
under $5000.
I heard about this company
that will take over your
school loans from them but I
don't know the name of the
company.
|
|
|
|
|
|
No one will "take over" your loans. You will still owe the money to your lender when you are in forbearance. They will simply add interest every month while you are making payments. If you are asking about defaulting the lender will just contract out with a collection agency to start calling and hounding you to mail them payments. If you make 6 to 12 months worth of willing and reasonable payments you can ask your lender to "rehabilitate" your loan. This is when you are issued a new loan and pay off the one in default so you can get federal fin aid again. Again, rehabilitation can only be done after you have made 6 to 12 months of payments. |
|
|
|
|
|
What Loan company will take What Loan company will take
over my federal student loans
when the loans are in default
so I can go back to school?
My loans are government loans
from Saillie Mae. I owe them
under $5000.
I heard about this company
that will take over your
school loans from them but I
don't know the name of the
company.
I am at the point where I
can't get a federal student
loan until I pay this off.
|
|
|
|
|
|
When your federal educational loans are in default, you have several options: You can repay the loan in full. You can negotiate a new payment plan with your lender. You can "rehabilitate" your loan. You can consolidate your loan. Obviously option one is rarely attractive or possible for defaulted borrowers. Option two (renegotiate) should be investigated fully - most borrowers skip this step, but it's probably the best option for most people. Call your lender and ask to speak to someone in the "Workout" Department. Explain your situation to them (there's nothing unusual about it) and ask what options are available to you for switching to a graduated, extended or income-sensitive repayment plan. If your lender will agree to change your repayment plan, a few regular payments will get your default status removed, and the new plan may be easier for you to keep up with. Option three (rehabilitation) is really a specific form of a workout agreement. It probably won't help you much in your situation, because it requires an agreement between you and the lender that will allow you to make 9 consecutive on-time payments of some agreed-upon amount. Option four is everyone's favorite, but you must absolutely understand what a consolidation loan will do. To keep this utterly simple - a consolidation loan is a brand new loan that will pay off your old, defaulted loan. A consolidation loan MAY lower your monthly payments, but understand how this works. A consolidation loan never lowers your payments by wiping away some of your debt - a consolidation loan lowers your payments by stretching out the length of your loan. If you pay less every month, you'll make many additional monthly payments, and - in the end - you'll pay far more back than you would have paid on the original loan. As an example: Suppose I lent you $100 and you agreed to pay me back in 2 weeks by paying me $50 a week. You came back a few days later and explained that you weren't going to be able to afford to pay me $50 - is there something else we could do? "Oh, absolutely," I'd say, gallantly. "Instead of paying me $50 a week for 2 weeks, how about if you only pay me $10 a week for 17 weeks?" See - in the end, you'll pay me back $170 instead of $100 - that's how a consolidation loan works. But remember - we're not talking a $100 loan for a couple of weeks - by the time you pay that $5000 loan of yours back over many years, you'll pay a few thousand more than you might have paid if you didn't consolidate that loan. I've attached some information about consolidating from the Department of Education - take a few minutes to read it over. If you do choose to go this route, be sure to consolidate with a reputable lender (or directly with the government) and not with some fly-by-night operation that you learn about from some pay-per-click site shilled on Yahoo! Answers. Good luck to you! |
|
|
|
|
Recent submissions
Name: shower caps
that's the worst site ever. don't ever get back to toseekathat's the worst site ever. don't ever get back to toseekathat's the worst site ever. don't ever get back to toseekathat's the worst site ever. don't ever get back to toseekathat's the worst site ever. don't ever get back to toseeka
Name: shower caps
just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one. just tetsing this one.
* Indicates a required fieldAdd your knowledge or ask a question:
i have bad credit and i try to pay off all my loan . you guys know any lender the can help me ? i need to pay alos payday loans .