Have no credit, need small bank loan but have a cosigner?
Question by Katy: Have no credit, need small bank loan but have a cosigner?
I will be attempting to get a small bank loan here soon. However i have no credit, but 1 account in good standing and 2 potentially negative accounts being taken care of. I have a cosigner with ok to good credit. Whats my chances with the cosigner?
Best answer:
Answer by Judy
What kind of loan? Car loan, decent chance if your cosigner has good credit – don’t know just what you mean by “ok to good”.
If a personal loan, almost no chance.
Know better? Leave your own answer in the comments!
Q&A: Is there anything i need to know about a bank loan?
Question by FlyingMattress: Is there anything i need to know about a bank loan?
Okay so im trying to get a bank loan cause im buying a car from a private owner, and i dont feel like i can trust the person im paying the car on! i need help in case there’s something im missing!? please help! thanks!
Best answer:
Answer by Dan B
It’s good that you are using a bank to finance the car. Why? Because the seller is (like most people) not well versed in financing. They don’t understand interest or how to track and document your payments.
Applying for a bank loan to buy a car is the same, whether from a private party or a dealership. But you have to be sure the car you are buying is worth what you are paying. The bank doesn’t care if the car is a piece of junk. If you are borrowing the loan value of the car, you’ll be stuck with the debt regardless of the condition of the car.
Before applying for the loan, check the paperwork on the car. Is the title clear of lien holders. The title must be the ORIGINAL, not a photocopy (which can be altered). Also, check the registration. The seller must be the same person on the front of both documents or the seller must have a power of attorney authorizing him to make the sale on behalf of the true owner. Also, the VIN# must be the same on the car, title and registration. Don’t accept a “typo error” as an excuse for the mismatch. There are no typos on these documents.
Know better? Leave your own answer in the comments!
Installment loans for people on disability with bad credit?
Question by Ellie Mae: Installment loans for people on disability with bad credit?
on social security disability and need a loan of about $ 2000. able to pay on monthly basis for installment loan, not payday loan.
Best answer:
Answer by gosam777
Your problem is lenders cannot garnish or seize government assistance money. Lenders need a guarantee if you default, they can recover at least some of their money. Since they cannot take SS money, they have no way to recover it, and won’t lend it out. Unless you have some collateral, a car with free title, electronics, furniture, something of value you can use as security, you won’t find anyone.
Know better? Leave your own answer in the comments!
Categories: Loan Questions Tags: Credit, disability, Ellie Mae, Installment, Know, Leave, loans, People, Question
What is the best way to go about renting an apartment with bad credit?
Question by weavera79: What is the best way to go about renting an apartment with bad credit?
A friend of mine is trying to rent his first apartment with bad credit. Does he have a chance?
Best answer:
Answer by apollo
I answer this question everyday. With the company I work for, the answer is yes. Many times I ask a double deposit if the credit is not the best. It really depends on what is on the credit report.
Know better? Leave your own answer in the comments!
925 Ideas to Help You Save Money, Get Out of Debt and Retire A Millionaire: So You Can Leave Your Mark on the World
925 Ideas to Help You Save Money, Get Out of Debt and Retire A Millionaire: So You Can Leave Your Mark on the World
Devin Thorpe has collected over 150 essays on personal and family finance to help you learn how to be happier with your money, to live more frugally and investment more wisely. 925 Ideas… is an easy and readable guide to help your family find financial peace. Author Devin D. Thorpe explains: 1) how you and your spouse can find agreement on money matters, 2) how to teach your kids about money, 3) how to pay for your children’s college education, 4) how to live like a millionaire (spoiler alert! Frugally) 5) how to come up with ,000 in a crisis 6) how to make ends meet on one income 7) how to get out of debt and stay out of debt 8) why home ownership should be your family’s top financial priority 9) how to ask your boss for a raise 10) how to use your finances to do more good in the world. And much more! Devin D. Thorpe is the author of the highly regarded book, Your Mark on the World and is the founder of the Your Mark on the World Organization, championing social good. The Your Mark on the World Organization believes that people, no matter their level of income, can give more and do more to make the world a better place. The empowering lessons of 925 Ideas will enable you to leave your mark on the world.
List Price: $ 7.49
Price:
Q&A: Does anyone know of a payday advance/ online place where I can get a small fast loan?
Question by miss_tink_21: Does anyone know of a payday advance/ online place where I can get a small fast loan?
I need a small loan.
And I need to be able to pay it off in small increments.
Does anyone know anywhere where this might be possible?
Best answer:
Answer by CatDad
Payday loans are never paid off in small increments.
Typical payday loan: You write them a check for $ 350 and postdate it 2 weeks in advance. They give you $ 300 and cash the check in 2 weeks.
With online payday loans, you give them your bank routing and checking #’s and in 2 weeks they debit your checking account, whether the money is there or not.
Know better? Leave your own answer in the comments!