Question by mankekineo: “Our Friendly Neighborhood Bank- Take a look, notice if this happens to you and change your banking habits.
“Our Friendly Neighborhood Bank”

A practice, our neighborhood bank has extended themselves into is the “payday loan” venue, which although they are loath to admit practicing, is in effect, the exact same thing as the corporations who really do involve themselves in the “payday loan” venue. Your friendly “storefront” (that is what banks refer the branches as now, run by a “store manager”) also, not to your by permission, extends “payday” loans. It occurs on no minimum amount accounts, and or linked checking-savings accounts. The bank, loading up the preset or web bill pay demands to the same day of your automatic deposit paycheck. The customer, who thinks he or she covered the check last week,falls victim to the internet pay demand from the 3rd party, say the electric or gas company. Then, you who have a “positive” balance, suddenly notices that all your bills are paid first, then you deposit is made, then “fees” deducted. Keep an “operating amount aside”, to remain safe.

Best answer:

Answer by finholl
I had this happen to me a number of years ago. It happened once and I called the bank about it. I spoke with a customer service rep, and unsatisfied, spoke with a supervisor. At the time I also had direct deposit to this bank. So here I am with what amounts to a check that is hitting the bank on an empty account so I take a paycheck advance offered by my bank. Only the check hits the bank 5 minutes before midnight and the paycheck advance doesn’t hit until midnight. So know I am hit by a fee from the bank and the person I wrote the check to, right? If you talk to the right person they will waive the bank fees, but this is one of the worst scams that banks have come up with. Not only do you pay an arm and a leg for this, it won’t save you either. And you end up doing it more often than not, because your paycheck ends up going to cover your advance, not what you need to pay.

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Question by ferwangua: Hi I have a question about taking a personal loan.?
Hi everyone i was hoping i could get some friendly advice. I currently am in the United States Navy but i wont get paid until i enter boot camp which is February 14. I need a little cash to last me until then so i was thinking about taking out a personal loan around the sum of 2,000 dollars. My credits not that great and i was hoping someone could give me information about how to go about taking out this loan.

Best answer:

Answer by Nitika
All financial institutes and banks offer personal loans. The basic aim of a personal loan is to provide essential finance to fulfill all the demands of an individual at best terms and conditions. Personal loan is a multipurpose loan; it can be used for a number of purposes including home renovation expenses, purchase of a car or bike, wedding expenses, education expenses, holiday or to payoff all the current debts to improve credit score.

http://www.worldbestloans.com/personalloans.htm

Borrowers with bad credit history, who find difficulty to get unsecured personal loans, can also apply for secured personal loans. Lenders provide secured personal loans with more flexible terms and condition when you have been rejected for unsecured personal loans.

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Question by Wendy B: Husband and I are splitting. Can he get a loan of his own while still on this one?
He helped me refinance as I cannot get a loan on my own for this amount. Can we either get him off this loan without refinancing again? Can he get a house loan of his own while still on this loan? This is a friendly split and I do not want to ruin his chances of getting his own house. Please help

Best answer:

Answer by AnOrdinaryGuy
You can’t get him off a loan unless the lender agrees, and it will never agree to just drop him. It needs him as a guarantor of payment. You have to refinance on your own to get him off.

Can he get another mortgage on his own if he’s on a mortgage with you? He might. It will depend on his credit rating, and also on the details of the transaction on the new home. If he makes a big enough down payment so that he’s not borrorowing the full amount that the house is worth, he might still qualify. Mortgage lenders take into consideration the buyer’s equity in the new home as well as the owner’s credit rating.

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Question by : Should AVB consider sending Torres on loan instead of Sturridge?
Sturridge has been outstanding in the pre season friendlies. Thoughts?

Best answer:

Answer by Dani D
Sturridge not only performed in pre season but also at the u-21 European championship. He can play center forward or on the right flank where he has a magnificent left foot. Personally i think they should play him more often and maybe sell Anelka. You do have a point with Torres but with his price tag the AVB will be forced to play him and even keep him!

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Question by Eskimo: Will a mobile home loan company give you part of the loan for sewer and water setup?
I have to set up the sewer and water on my land, and it will cost me about 4,000 dollars. Do most mobile home loan companies work with you on that? If not, where else can i get a loan for it?

Best answer:

Answer by golferwhoworks
yes it is part of the package loan for set up

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Question by : Anyone know of a 2bed apartment under 600 in Sacramento that is in a child friendly environment? ?
I have to move by next month, I have low income and loans I am still paying back, as a single mother looking for work its hard. I don’t want to be homeless too. Any info u can help me with any information I would greatly appreciate it!

Best answer:

Answer by darcy!
I don’t know much about the US. but in Canada we have companies that specialize in providing low cost rental properties for single mothers. You should check out if there’s anything like that where you live! Good luck!

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Question by .: Im starting to get very angry with a loan company need some advice please?
There is this loan company who is taking forever to process my loan. I need this money by next week sometime so I can pay for my tuition and fees. I sent them an email today saying that I was starting to get angry and that I would be calling them back again today. The woman I spoke with earlier said it just got sent to the final approval department yesterday and that It would take 5 to 7 business days. I told several people that I needed this money by next week and that I dont have 5 to 7 business and they said that they would help but someone is obviously not doing their job. When I call them back (of course Im going to be angry) should I yell at them and be firm or should I be nice and friendly? Im going to demand to speak with someone in the final approval department. I just want to know how should I deal with these people?

Best answer:

Answer by Emily B
You get more flies with honey than with vinegar. You should be firm but polite with them. Think about it from the customer service rep’s point-of-view: Why should she help you if you are rude? Make them want to help you by being nice but firm in your request.

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Question by Anan M: I am heavily in debt will refinancing my house be a good thing to do?
I have credit card debts as well as friendly loans from friends which i took for a business venture since business failed i do not know how to repay will it help by refinancing may house. Pls help.

Best answer:

Answer by hear
daveramsey.com

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Question by lil_shortiesunshine: How can you get a home loan with really poor credit?
My husband, myself and our kids, are living with his parents, for the past six months. We both have very poor credit and are in desparate need of our own place. We now can afford our own place but cannot get a loan to purchase one. We have down payment in hand, and the monthly income to afford everything, but we are still without a home! Can someone please help with an idea of how to get a $ 6500.00 loan?
There is no other proerty or anything to be used for a mortgage! We are trying to purchase a very nice 3BR,2BA, mobile home. We have nothing other than the down payment to put on it, and can afford the monthly payments, and the insurance, along with everything else.

Best answer:

Answer by dinaroseplunkett
My friends, a very young couple, were in the same situation. What they did is something called a no-doc mortgage. They don’t ask where you got money, your history, your credit, etc. and you don’t tell. I am not sure how to locate one but do know it exists b/c they have a very nice three bedroom in New Jersey.

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Question by : Can we get an FHA loan if we already have a conventional home loan?
We own a townhome that we have outgrown and need more room.Four kids in a 2bedroom townhome and a partially finished basement-its a Brady bunch situation.
We don’t want to sell until the value goes back up so we are considering purchasing another home and renting out our townhome until we can sell. Can we get an FHA loan when we already have a mortgage?

Best answer:

Answer by Huntsman
Nope- FHA is for first time home buyers only.
You’ll have to make a conventional loan.
And since you plan to keep the other property as rental property, the bank will most likely require a 20% down payment.
- We rented once- the biggest nightmare of our lives. Next to getting an IRS tax letter.

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