Author Archives: Loan Expert

Can you add to this long list of U.S. conspiracies?

I wrote the following piece as a counter-argument to some right-winger who insisted that 9-11 (in spite of the blatant and obvious evidence) wasn’t a government conspiracy because conspiracies simply don’t exist. As such, I’m trying to put together a … Continue reading

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How much are payments for home loans?

Me and my husband are wanting to get a house and make payments. Remax is selling one for 127,000. I don’t know how the whole thing works you know like what all the costs are. I never bought a home … Continue reading

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What's good about lowering taxes under the fiscal policy and lowering interest rates under monetary policy?

What’s the effect on future inflation? President Bush has decided to pass out tax rebates and lower the income taxes while Ben Bernanke are lowering hte interest rates on the bank borrowings.

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How do I ask my wealthy grandfather (who I barely know) for money to pay my student loans?

I’m graduating law school with 100,000 in student loan debt. I would like to work public interest but since those jobs pay so little I’ll have to take a firm job to pay off the debt. I’m thinking of asking … Continue reading

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Should I get a refinance cashout now during this financial bailout crisis?

I am looking to get a refinance cashout. I originally was searching for a home equity loan but after I called several mortgage banks, I began to learn more about a refinance cashout and an FHA refinance cashout – both … Continue reading

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Lower car insurance by faking who is primary driver w/ parents?

I’m planning to buy a new sports car, but insurance (even on my parents family plan) is too expensive to have myself as the primary driver (24 yr old male w/ a recent accident). My plan is to have my … Continue reading

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Are federal loan interest rates based monthly or yearly?

I’m confused. Are the interest rates stated based yearly or monthly on federal loans? If they are based monthly, how would you figure the yearly interest rate? I don’t mean the amount you would owe yearly (compounded). I mean to … Continue reading

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Consumer Report under the Fair Credit Reporting Act?

Last year, I contacted a few insurance companies to obtain quotes on home and auto insurance. I then selected one company. I guess everybody does this once in a while. I recently received a letter from one of the companies. … Continue reading

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How much money could I get annually in student loans as an undergrad?

I estimate that I’ll need about 000 a year to minimally cover my college tuitin and some expenses. would this be reasonable to get in student loans for the next 3 years?

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Back Out on Buying a New Home?

Okay, here’s the situation. I signed paperwork to have a house built that probably isn’t going to be started until late next month and won’t be done until the Nov/December time frame (the builder won’t commit to meeting the 1 … Continue reading

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