Archive for June, 2008

Can you use a home equity loan for something other than a home?

curiousgirl asked: I need a loan & some people had suggested I look into this because of the lower interest rates, instead of using high interest (not to mention EVIL) credit cards. But it’s not for a home & I don’t have enough collateral for the amount I’d like to borrow. I have [...]

any one know how to get a bank loan to pay off my credit cards?

juliemack06 asked: i have credit cards with balance’s that total $2,000, how can i get a bank loan to pay it off, does this effect my credit? what are the qualifacations for a bank loan?

June 9, 2008 • Tags: , , • Posted in: Credit • No Comments

Can I lower my interest on a bank loan?

wladnagirl asked: I have a decent size loan out (about 13 G) from a bank. I see they are charging me a 10% interest rate when my credit score is over 750. That sounds like BS to me. Is is possible for them to lower the rate? What if I threaten to pay off the [...]