Archive for the ‘Personal Finance’ Category

Should I take a home equity loan to pay off the 17,000 in medical bills I have?

Trixie asked: I got these medical bills from a recent surgery and its causing a huge financial strain on me. I make enough to live comfortably, but not enough to live comfortably and pay this incredible amount of money every month. I am just wondering, since interest rates are so low right now, [...]

How much money will the bank loan me?

yborraver asked: I get 1000 dollars or so every 2 weeks I have a car worth 10,000 in collateral. I also would have a co signer with outstanding credit. btw loan is for a car.
so does the co signer weigh in heavily? wondering cause my dad has really good credit and a big saving account. [...]

What percentage if any should I give a co-signer for a business loan?

flatop83 asked: I am going to open a new liquor store and need a co-signer to be able to get the entire amount needed for the loan. The business will be in my name and I will work 60 hours a week with 2 other part-time workers. I do have a couple of [...]

Can an Australin take a bank loan in the USA?

struggling asked: Can an australian take out a bank loan in the usa where interest is lower to pay of his australian mortgage and then slowly pay of hi US loan.

What must be a debt to income ratio to qualify for home equity loan? ?

Ivan S asked: What is a debt to income ratio to qualify for Home Equity Loan / Home Equity line of credit.
What if I go to mortgage brokers who have access to “B” type lenders at higher rates?
Thanks guys!

am i better off paying all cash for a bmw or financing half of it with a bank loan or dealer loan?

good looking asked: what is the best option?. this is my situation. i enough cash to pay for the sale price butt i want to get a warranty that i dont have cash for.. so should i just finance half of it and pay 50 percent downpayment? should i get a bank loan or a [...]

How does home equity loan qualification works if you’re self employed?

smiling_chicka asked: I am self employed and want to get qualified for home equity loan. What are the qualifications lenders look at. What do I need to show them and have?
Been trying to find out on the net, but can find any good resources. If you know any and dont mind sharing would be [...]

Should I finance a used boat purchase with my 0% interest rate credit card or get a loan from a bank at 10%?

A J asked: I am contemplating purchasing a used boat which is over 15 years old. I am looking at the best way to finance this purchase and need some input. The only loan I have is a student loan for $4K and the only credit card I have has a balance of [...]

I need a loan but I have bad credit and no bank account. Any suggestions on what I should do?

Kandice T asked: I recently was sick and I had to go to the hospital a lot. I fell behind in work, in my school work, and financially I almost filed bankruptcy. I need a loan of about 6 grand to pay off all these medical bills and catch back up on all of my [...]

I can’t get a loan from a bank and a payday loan won’t due is there any other alternatives?

blackbeauty22001 asked: I have very bad credit and I can’t obtain a bank loan and a payday loan won’t do. Does anyone know of any other way I can obtain a personal loan of 5,000.00 without doing a credit check…..I am employed and will be able to make monthly payments.