Archive for the ‘Personal Finance’ Category

fiestababy05 asked: I know there were two major changes to our Prime lending rates. What caused these rates to change???
2007-9-187.75%
2007-10-317.50%

cocoa asked: Some guy called my mom from First Choice Lending about helping her with debts. How did they get her number? Is it a scam? I heard of Lending Tree, can they help me even if i have a score of 500 and owe about $10,000 that I am in debt right now.

Lyonn asked: By states, I mean, sovereign states.
Do you think international programs of forgiveness of debts contracted by sovereign states is appropriate or fair to lending countries and their citizens? Why and why not?

renee b asked: Real estate mkt is very bad so can’t get a buyer for a house owned by my deceased relative. Trying to avoid foreclosure on the decendent’s home.

Ivan Mantelli asked: The worldwide lending industry is a multi-billion dollar industry where people borrow from banks, financial institutions and other private lenders. In the last couple of years, the lending industry has gone through an evolution and has given way to social lending as the new and promising mode of lending. Also known as [...]

Buggaboo asked: I read an article in the paper about these personal lending web-site like “the lending club” where you can borrow or lend money to people instead of a bank.
Have you ever tried it? If so, what’s your opinion on it?

PJenkins asked: I am aware of the p2p lending companies that are out there, but I don’t know much about them. Specifically, I would like something that I don’t have to pay off monthly, but rather after a longer set period of time. Also, I am looking borrow 2-3 thousand dollars.

Ebineezer asked: I’m looking to buy some portfolios, and it’s been very hard finding a lending institution that does Standby Letter’s of Credit for more than 5 million dollars in the U.S.