Posts tagged "happen"

Finding A Reliable Pay Day Cash Loan Provider

Something which is ignored when it comes to cash advances is the effort done to obtain them. The good thing regarding these types of loan is the fact that you need not send any personal docs so that you can get them. They may not work for every person, but a fast cash advance always comes in handy when you’re looking for easy money.

True enough, such loans can come to your rescue when you’re in a financial trouble. And for the reason that you can get these loans without so much hassle, lenders often make do with giving crazy high interest rates. That said, it’s very important to take some time to think about it just so you could find the best terms possible.

Perhaps it will appear to be an excellent choice right at this moment. However, you may need a couple f things to take into account before heading towards this direction. You should not apply should you happen to not have an extra option for you to pay the loan back such as borrowing money from friends or family members.

Furthermore, if you don’t need it badly enough, then you should never get it in the first place. Opt for it when you’re extremely pressed and there is no any other possible way you can generate cash.

Numerous creditors could very well allow for many different amounts of money. However, these people expect to have a little something close to $1500 as the limit of what you’ll possibly be lent. In a few instances, you may be lent even more but it is actually based upon the profit they’ll be generating from you every month and exactly how many personal debts the creditor believes you might be able to take.

You happen to be shelling out higher interests for the reason that the risk for the creditor to give you this loan is higher, given there isn’t any credit check. All you will need is to be 18 and have regular earnings.

To conclude, you should consistently consider bogus cases with something like this. In case you are requested for your credit credential or required to undergo a credit assessment, something’s not right as you’re only required to have a bank account and social security number for a pay day loan.

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Posted by Cathy Miller - November 21, 2013 at 10:08 am

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Q&A: What can happen if i can’t pay back pay day loans?

Question by Tori Lynn: What can happen if i can’t pay back pay day loans?
I have 7 small pay day loans out and i’m unable to pay them right now. They have been calling me and leaving threatening messages. They have even called me at work. I don’t know what to do or what they can do to me? Can someone give me some advice on this?

Best answer:

Answer by spiritgide41
It sounds like you are a strong candidate for bankruptcy. If your condition allowed some way to recover, it would be different. From your description, I get the impression that this would not be possible. Bankruptcy will give you a fresh start, and I would not delay. I have been in the position many years ago, and been bankrupt; I understand the difficulty. I also rebuilt my life and now have top notch credit and am strongly financially secure. In some conditions bankruptcy is a new start, not the finale.

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It sounds like you are a strong candidate for bankruptcy. If your condition allowed some way to recover, it would be different. From your description, I get the impression that this would not be possible. Bankruptcy will give you a fresh start, and I would not delay. I have been in the position many years ago, and been bankrupt; I understand the difficulty. I also rebuilt my life and now have top notch credit and am strongly financially secure. In some conditions bankruptcy is a new start, not the finale.

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Posted by getloans - February 26, 2013 at 2:03 pm

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What would happen if you didn’t pay back a bank loan?

Question by Moatilliatta: What would happen if you didn’t pay back a bank loan?
What if you took out a bank loan or some other loan, then left the country and left no money in your own bank accounts? Could legal action be taken or would they just mark it against your credit and keep accruing the debt?

Not asking if I could get this loan, but if I indeed already had and decided to do that, what kind of legal repercussions there may be.

Thanks

Best answer:

Answer by Huntsman
Will you ever need a loan in the new country? If so, they will ask for your old information and check your reports and see your history.

Do this only if you know you will never need credit again. A landlord in a new country will also check.

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Posted by Cathy Miller - December 9, 2012 at 2:36 pm

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What will happen to my credit cards if my home is foreclosed?

Question by triguyinla: What will happen to my credit cards if my home is foreclosed?
I have over $ 100,000 in credit on my 7 or 8 credit cards, all with a 0 balance. I am facing foreclosure in a few months. Will the banks cancel my credit cards once I get a foreclosure on my credit? Should I just max out all my credit cards with no intention to pay them?

Best answer:

Answer by Teresa H
Unless you are earning a very large income, you don’t need to have $ 100,000 in available credit. You should close all but 2 or 3 of the credit card accounts. Pick the ones with the most favorable terms, such as the longest grace period, the lowest interest rate, no annual fee, and with the maximum limit at about 15% of your income. I am assuming that since you have a 0 balance, you pay them off each month, which is a very sensible practice that you should continue. Showing poor judgement along with poor luck doesn’t help you in the long run. These actions will result in a credit score that won’t go as low as it could otherwise.

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Posted by getloans - October 5, 2012 at 1:50 pm

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What would happen if I stop payment on a large payday cash advance check?

Question by Ang: What would happen if I stop payment on a large payday cash advance check?
Would they let me just pay them back in smaller payments? Or would I get in some kind of trouble?
1. I have not stopped payment yet, it’s due to come thru the bank Monday, do you think I can call them beforehand and set smallest payment up?
2. My check will not bounce, my bank will cash it and i will go negative a grand.
3. This is a store lender, check-smart, not internet lender.

Best answer:

Answer by Answer Guru
Well here’s something I just pulled up: “If the account is short on funds to cover the check, the borrower may now face a bounced check fee from their bank in addition to the costs of the loan, and the loan may incur additional fees and/or an increased interest rate as a result of the failure to pay”. That sounds serious, unless you know your going to have doubled that check in like 3 months, I would just pay and get it over with.

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Posted by getloans - March 28, 2012 at 1:44 pm

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What will happen to unsecured personal loan if i file bankruptcy? Will it stay or disappear?

Question by Pozko: What will happen to unsecured personal loan if i file bankruptcy? Will it stay or disappear?
I am not sure if i file for bankruptcy or not? I have about 20,000$ credit cards debts, and i have also 20,000 unsecured personal loan.

Best answer:

Answer by sfuller94
To be a candidate for Bankruptcy, your debts need to exceed your assets by a certain amount. It varies with each state. But, just because you declare bankruptcy, does not mean your debts disappear.

The courts can mandate a payment plan that you must follow. Remember that bankruptcy may stop the bill collectors from calling but it’s not without cost. A bankruptcy will stay on your credit for around 10 years.

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Posted by getloans - March 23, 2012 at 10:51 am

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What will happen if someone does not repay an unsecured loan?

Question by Sharon B: What will happen if someone does not repay an unsecured loan?
I borrowed $ 13,000 from a finance company, after about a year of repaying the loan I had noticed less than $ 100.00 actually went towards the loan I payed about $ 2,736 for a year,I had asked them to help me with the payment and the interest rate they told me their was nothing they could do so I stopped my bank draft by closing my bank account now I`m worried they might try to seize my property can you give me some answers.

Best answer:

Answer by David M
They are about to turn your life into hell. They will sue you, most likely win a judgment against you and will attack your bank accounts and garnish your wages. And oh yeah, your credit rating will be shot making it next to impossible to get credit cards, loans or to rent an apartment or get a cell phone. Your best bet is to try to work with them and pay off this debt.

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Posted by getloans - February 25, 2012 at 4:58 pm

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