Archive for September 2008

Nikki M. Vaughn asked: Were you the victim of Predatory Lending? Deceptive and predatory lending practices were all too common between 2001 and 2008, as the lawyers at www.ConsumerDebtAdvocate.net find over 90% of all loans we perform a forensic analysis on have multiple violations.  If you took out a new mortgage loan during this period [...]

crytle asked: My husband and I are in the process of buying our first home. A realtor recommended a loan agency to us to get our pre-qualification letter. I can’t find any information on the internet about this company. She wants to meet with us tomorrow night (in her home I might add). I’m extremely [...]

josh m asked: When they give me a good faith estimate or when I’m under contract with a home?

heartbroken asked: I’m just curious because I’m about to lend a computer game to my friend.

Kris Koonar asked: If you are facing cash flow problems, due to long credit period offered to your clients or due to money getting stuck in catering to large purchase orders while running your company, despite having healthy sales orders and profits, then asset based lenders could come to your rescue.As banks offer only fixed [...]

Kris Koonar asked: Asset based lending can immensely benefit those companies, which are crippled by sudden cash crunch. It is a viable way of meeting their immediate resource needs. This rapidly growing method of funding helps businesses use their assets, in order to solve their problems of cash flow shortage. Expanding companies in urgent need [...]

stephanie s asked: We are going to apply for a home equity loan so we can put a pool in.Should we apply with our current mortgage company or someone new. Does it matter?

New Mom asked: I want to apply for a loan with total lending payday loan but need there web site? Or what site did you use and they got you app?

Ben W asked: The Bank of England has dropped its base rate. Why does this imply that banks should lend/borrow at lower rates? Does it mean they can lend/borrow at 3% from the bank of england?
Please don’t answer with ignorant anti bank rants.

Uncle Ant asked: For the most part, they do not do business ethically, nor on any terms which aren’t designed to screw the consumer. This is one big reason the housing market is upside down these days. Should laws be made to regulate this problem?
My theory is that the brokerage market became more competitive in [...]