Has anyone done business with 5050 Loan.Com?
To me it seems all attractive except for one thing why don't they just let kids and teens borrow money at 16 I could do with such money. I find it very hard to believe that any lender would give a loan under such terms because anyone who filled that "criteria" would be very high risk and they probably not get thier money back. It's either bogus , going to squeeze your balls with High interest rates or if you don't pay back it will result in a very harsh collection process. Consumer credit regulations show that lenders should not lend to such people because it is obvious they won't pay. Then by pitting such indebted people through the collections process and court when they have financial difficulties is unfair on the customers and not responsible lending. They could lose thier credit trading licence. My advice steer clear from them because they may or may not pay you but trust me in the end you're gonna pay. A very hard price.
Anyone know a private lender or company that is willing to approve a high risk short term loan?
Due to your lack of credit history you're an unknown quantity to the lender, in this economic climate that means that they're less likely to say yes to you. That and you're unemployed, regardless of whether or not you've got one lined up, it will be hard to go to the normal banks and loan companies. The only thing to do is to go with a less reputed organisation or individual. If you do find someone, be really careful. Short term high risk loans come with massive interest rates and really cruel fines for default. You can get into a really nasty downward cycle going down this route, I'd REALLY advice against it. Your best bet by far is to ask a friend or family member.
Has anyone done a loan with CASHCALL?
If you are thinking about getting a loan, then you should know about the basics before you get started. If you understand the basic dos and don’ts of loans, then you will be better equipped to find the best loan for your needs. Whatever type of loan you are applying for, you should follow these basic rules to help you find the best deal. When searching for a loan, it pays to do your research. Look for as many suitable lenders as you can, so that you can find the very best deal. There are many online pages thatyou can afford. Taking loans out over 10 years or more can be risky, and you cannot be sure what your financial situation will be at that time.
Has anyone ever used a car title loan company?
Please!!!! for the love of GOD; don't do it!!! it will be one of the biggest mistakes of your life. Below is a letter that I wrote to a local news anchor, requesting help: Hello, My name is xxxxxxxxxx; I live in Columbia, SC. and although this is my first time doing this. I feel the need to ask. Have you guys done any research about the current situation with the Title Loan Companies in Columbia?. I don't know if you're aware, or not, but these Title Loan Companies are ripping people off. They're charging interest up to 360% and giving astronomical late fees. Making it impossible for anyone to repay these loans. Unfortunately, I'm one of those people, and I need some help. I received a notice to cure default from "xxxxxxx xxxxxxx TITLE LOANS". According to the letter, my last date for payment is 10/09/2006. In the body of the letter it states that if I make my payment by that date "you may continue with the contract as though you were not late". Well, I called them and explained that I will be coming in on Friday 10/06/2006 with my payment of $214.00. They said that I had to pay $375.00 for late fees. That's almost $161.00 worth of late charge. This is ludricous!! they are not allowing me to make my regular payment and said that they do not take partial payments. These people are getting away with this, and nobody is doing anything about it. I'm at a lost, please help me!. I know of many people in my same situation. Needless, to say I paid $3998.00 for an $800.00 loan and still when I got tired of paying them, I stopped payment and they repossessed my car. When you make a payment that payment is not applied towards your loan, it's applied towards the principal of the loan. That's how they make their money...so with that being said. I beg you please don't put yourself in that predicament. Think about it! ni ni :-(
Has anyone recently done a USDA mortgage loan? How backed up is USDA?
The time it takes for a USDA loan to fund can vary substantially, depending on individual circumstances. It is likely that your loan is being administered through the Rural Development program (part of USDA). Rural Development can be broken out into two general categories: Guaranteed Rural Housing GRH), or Rural Development Direct. With the direct financing, you're borrowing money directly from the Rural Development program (government money), and with the GRH, you are borrowing money from a private lender for whom Rural Development will guarantee the loan as an incentive to get them to make a loan they might not otherwise be willing to do (typically because of little or no down payment). The "guarantee" in this instance replaces private mortgage insurance (PMI), and is typically funded by charging you a funding fee (I think it might be 2% of the loan). If you go bad on a guaranteed loan, the USDA will step in and play the role of insurer for the private lender. The direct program funds periodically, and at any given time you may be on a waiting list which can be much longer than the 24-48 hours you are speaking of (people have waited a month or more in some instances). From what you are describing it would seem that either you have a direct loan which is going relatively fast or you have a guaranteed loan which is taking the normal amount of time...your lender has to submit the final loan package for approval and wait for Rural Development, who is taking applications from all over the US...not unheard of that a day or two is needed for them to get around to any particular file...many in the lending profession would tell you that is even fast! Try to remember that it is a mortgage finance transaction, not a trip to the drive thru window. People who will be held accountable for the decisions going in to making your loan are most likely going to take what ever time they need to go through the necessary steps...even if it means another day or two.
Hey Robin,Thank you for the A2A.You can definitely apply for a loan if you can fulfill the eligibility criteria as per the lender. This is the standard process for availing a personal loan and other types of loans.But when you already have an existing loan and want to apply for a new type of a loan, the criteria changes and there are few things you must be aware prior to applying for multiple loans;1. The ratio between your debt and income is very important. The lender will usually not grant the applicant a loan when their debt crosses over 40%* of the income.2. The lender will also check how you have dealt with the previous loans. Your loan repayment history will give them a clear idea about your profile.3. You need to understand that since you are taking a new loan, you might not have the bargaining power with the bank to reduce the interest rates and waive off certain fees.4. You need to maintain a good credit score. If you can manage to keep a good credit score, the lender understands that you are a disciplined borrower and might give you a better interest rate on the new loan.5. You also need to check how your income and expenses stand as of today. You need to check your daily expenses and analyze if you can make the loan repayments without defaulting. This is to make sure your credit score doesn’t get affected.6. To be on the safer side, always weigh your assets and liabilities. Yes, having sufficient assets will help you with a cushion in the unfortunate event of you not being able to repay the loan.Hence, it is very important to understand your expenses and income before you opt for taking multiple loans. This is to understand the risk of defaulting on any loans.
Has anyone ever gotten a loan from a Mr. Anderson at Alliance Loan Company?
Hello, I live in the US and i really have never seen goodness shown to me this much in my life as i am a struggling mum with three kids and i have been going through really rough times in my life and my name is Helen Peters and in all this hard times, a worse incident occured in my life as i lost my job which was my only means of survival and things became really bad as i had bills to pay and my last son suffered a knee injury incurred when he fell from a tree house and the doctors informed me that he needed a surgical operation for his knee so he could walk again and at this point, life was useless to me as i have no family and no one to run to and each night, i will sit down and cry till the break of dun until one day, i read an advert on yahoo answers of man that stated that he could help people in my shoes with loans and in my desperate situation, i had no choice but i had to try and so shocking and suprising, it was like an impossibility becoming a reality, i got a loan of $75,000 USD even with my bad credit within 48 hours and my sons surgery was done and thank GOD it was successful and now, i am okay and living in comfort with my kids and i said to my self, i have never ever seen this kind of wonder in life and i decided i will tell it to the whole wild world and i need every one to thank GOD for Mr Patrick Harvey, the man GOD used to rescue me and my family even when all hope had been lost and gone and i will say to every one, no matter how dark and sinful the world is today, there are still GOD fearing and reliable people on earth and if you are in my former situation or require a loan legitimately, i will advice you contact this loan lender and you can reach him via patrickharvey12@yahoo.com and i want you all to pray for this man for me.
OTS (one time settlements) is a scheme used by banks to come to a compromise with the borrower for closing NPA ACCOUNTS.Which means your account had turned NPA due to non-payment of dues by you or by various other factors. Your CIBIL report will show this record to whoever bothers checking them. The only way you can bring that up is by taking small loans from whichever institution dares to give you and repaying the loan with regular and timely installments. REGULAR AND TIMELY being the keywords here. Slowly you will see an improvement in your credit score, though the OTS thing would still bring your scores drastically down.
I had applied for a personal loan in INDIABULLS DHANI,they approved me pl of RS.200000/- at 11.99% interest rate at 48months tenure emi of Rs.5266, it is the best NBFC and it has a quick hassle free process which i got credited the loan to my bank account on 3rd day itself .The service was nice and customer service also good.