Is there such a thing as bad credit home loans?

Posted on July 26, 2010 by Loan Expert

Me and my fiance’s credit is just under 600, and I’m working on cleaning it up. I’ve just paid off 5 creditors. But it won’t effect our score for another couple of months. However, we need a home now. His work record is excellent and has worked at the same company for 15 years.
Any suggestion?
Also we are having a hard time finding an apartment that will be big enough for our big family, 4 children.

Posted in Personal Loan Quote Questions | Tagged , , , , , , | 4 Comments

Would lowering credit card interest rates stimulate the economy?

Posted on July 26, 2010 by Loan Expert

We hear about how lowering taxes (for rich/for poor ?) and lowering the rate the federal reserve charges banks for loans helps stimulate the economy.

Would some implementation at the federal level of lowering credit card interest rates be a more direct way to stimulate the economy?

Posted in Personal Loan Quote Questions | Tagged , , , , , , | 5 Comments

Why is the credit rate gone up so high? If it was lower people could get loans and spend money.?

Posted on July 26, 2010 by Loan Expert

Lower credit rateings could put money back in the world market.

Posted in Personal Loan Quote Questions | Tagged , | 1 Comment

Is the Federal Reserve the real enemy of the American people?

Posted on July 26, 2010 by Loan Expert

I have been doing a lot of research into this and its amazing the scam they have been going on.

I want to give you three quotes:

Thomas Jefferson was concise in his early warning to the American nation, "If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."

"We didn’t have nor did we need an income tax until we got the bankers back. The income tax was only needed to pay interest to the bankers for our money that they loan to our government. Yes, you read that right, the Fed, mostly on paper and computer, creates money or pays the treasury a small printing fee for currency, and then loans this money to our government. Our taxes pay them interest on this loan that cost the FEDS virtually nothing to make, what a sweetheart of a deal they have going for them."

Henry Ford once said "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".

WHAT IS GOING ON WITH THE FEDERAL RESERVE??????

Go ahead, research the federal reserve, I DARE YOU! You will be shocked, ashamed and pissed!

And read the facts, not whats hand spooned to us by the feds!
Oh forgot to mention a few things:

In the nearly 100 years of the existence of the Fed, it has NEVER been audited and they don’t pay income tax on the billions of dollars they take from us.

According to Congressional record the U.S. Government can buy back the FED at any time for 0 million. That’s about half the amount of money we pay them daily.

A Federal Reserve note is just what it looks like, it’s just a piece of paper with no backing whatsoever. This is why Congress hates gold and silver backed money, it forces them to live within their means. Of course they also get other perks from the Fed. perks far too numerous to mention here.
Gray Shadow, stop believing everything your spoon fed by the govt. Every single site you gave is a govt backed site.

conspiracy theorist today, reality tomorrow

Posted in Personal Loan Quote Questions | Tagged , , , , , , , , , , , , , , , , , , , | 4 Comments

Titling/transferring a title of a car when it is financed?

Posted on July 26, 2010 by Loan Expert

I live in Ohio and I am thinking about getting a loan to get a car in a month or less. Today, I was getting auto insurance quotes and they were super high since I am under 25 and male. I wanted to know if I can get a car with a loan and get it titled to me but then have the title transferred under my moms name so that the insurance will be lower. So the car/insurance is under her name and I pay her monthly. Anyone have any idea on the legality of this. Thanks

Posted in Personal Loan Quote Questions | Tagged , , , , | 4 Comments

How to keep lowered interest rates?

Posted on July 26, 2010 by Loan Expert

I signed on to a debt management program to lower my interest rates on my credit cards. Recently the company went into bankruptcy and I had to scramble to make sure those creditors were paid and I could keep the interest rates intact. Although 2 of them were easy to deal with, I am having trouble dealing with the third. Are there any departments or people I could speak with to make a payment arraignment that would keep those interest rates without going through another debt management program.

Posted in Personal Loan Quote Questions | Tagged , , , , , | 1 Comment

if a friend loans you money and the check bounces who is responsible for the bank charge?

Posted on July 25, 2010 by Loan Expert

i asked a friend if she had 0.00 that she could loan me. she said yes and wrote me out a personal check.. i told her i was expecting a check in the mail the next day and would repay her.(this was not a condition for the loan i was just letting her know i would have the means to repay the loan in full soon) later that same day she went to a local casino and over spent her account so when the check she gave me went threw her account, the next day, she did not have funds so it incurred an overdraft charge. Who ultimately is responsible for this charge? ( of course the check i was expecting was late but she has been paid) except for the overdraft fee

Posted in Personal Loan Quote Questions | Tagged , , | 7 Comments

How to know if I am getting a good/low interest rate for a home mortgage ?

Posted on July 25, 2010 by Loan Expert

I am in the process of looking out for a home loan (first time buyer) and wanted to know as what I need to look in the quotes what I get from lenders to know that I am getting the good/low interest rate ?

1) Do I have to just look at the APR rate to know as what the final rate is for my loan ? does this APR determine my actual rate ?

2) Any other factors do I need to consider ?

3) Is there a sheet or online website where I can put all the numbers what I get from different lenders and it does the math and tell me which is the best for me ?

Posted in Personal Loan Quote Questions | Tagged , , , , , , | 4 Comments

Any recourse after being strung along over 2 mo on refi?

Posted on July 25, 2010 by Loan Expert

2 1/2 months ago I started to refi my house. I got a GFE and my rate locked and got it in writting. I paid for an appraisel which came out better than expected. I had a public tax lien on my credit for 9 but said to just pay that out of escrow since small amount I don’t want to spend time investigating. Now 2 mo’s later broker says bank has issue with it and will not give loan applied for. So she’s quoting me today’s rates for loans which are much higher. I investigated the tax lien and found that it was erroneously filed and have paper for Removal Of Invalid Lien from county tax collector. She said that it makes no difference. Now I’m back to square one and out 5 appraisal. Makes no sense for me to refi now cuz rates much higher now. I really think she knew all along she couldn’t get the loan package that I signed up for. Now I’m screwed cuz rates are up. During the 2 mo’s I asked if all was going ok cuz taking so long and she said all is coming along fine. I’m mad

Posted in Personal Loan Quote Questions | Tagged , , , , , , , | 6 Comments

Are there home loans that do not look at medical bills on credit?

Posted on July 25, 2010 by Loan Expert

We are wanting to buy a house but my past medical bills is lowering my credit alot. I heard that there are loans that don’t look at medical bills. Which ones?

Posted in Personal Loan Quote Questions | Tagged , | 4 Comments