e e in california asked:


I want to know how banks set the interest rates for mortgages. All I know is that they move up and down with the fed funds rate and discount rate (Correct me if I am wrong). Does anyone know all factors that play into the rates that lenders come with? Is there a way to calculate or give more or less weight to any one of them? Thank you.

ctbizness asked:


I’m afraid of the lenders from the UK. They will take your money and not think twice about it. Why can’t US lenders offer those great loan deals?

jgroom_76 asked:


Im trying to put together a business plan to attract investors or lenders to build an indoor baseball facility in the Kansas City area. Its use would be mainly for youth team and individual training, as well as indoor winter leagues. Can anyone put me in touch with the right people to get rolling in the right direction? Thank you

Sue B asked:


What does it take to ask your lenders to please lower your interest rate on a car loan?? I’ve made constant payments 1 year so far and would like to get out from their 16% rate they nailed on me.

Darren S asked:


I have no credit, and my buddy has bad credit. We are going on a trip in a few months and need to apply online to get a credit card. Mastercard or Visa. Anyone know where?

Mr. Knowledge asked:


I have read through a lot of the questions that have already been asked but I have yet to find exactly what I am looking for. I have been slowly but surely paying off some of the items on my credit report, all of which are delinquent by several years. My current credit score according to Experian’s Triple Advantage is a 548, and I would really like to increase my credit score by atleast one hundred points so I can purchase my first home in the very near future. I recently contacted a realtor who pulled my credit report and showed my high end credit as 614, mid of 610, and low of 598. I don’t quite understand why none of these numbers match what I am showing on my active Triple Advantage account, but I was told to wait atleast six more months and try to apply for a home again. I was approved on this attempt, but for $25,000 less than what I need and the interest rate was 7.5%.

If anyone has any advice or words of motivation for me I would greatly appreciate it! Thanks all!

eagle asked:


The Democrats in the house and the senate made the lenders give loans to people who were not qualified under the old rules to get loans. This is why there are so many forecloses today.
SlimMick does not know what he is talking about.

jade_blu_eyes asked:


My credit score is about 615. I am working on improving my score so that I can qualify for a mortgage loan with low financing in about a year or so. I currently have an auto loan, and 3 revolving credit accounts. (All bank credit cards) Two of the revolving accounts are new, and the other almost a year old. My auto loan will be a year old in July of this year. Should I apply for more credit to get my score higher? If so what type of credit? What is a good mixture of credit to have to get a person’s score higher? Any advice is appreciated. Thanks!

videogamer1979 asked:


I really need a company that will tell me how to improve my credit score on MY specific credit report, not general tips.

shelbyy asked:


How are lenders and borrowers affected as inflation rates change and they attempt to protect their purchasing power?