What are secured loans Basically, secured loans are loans in which the bank or lending institution can be assured that they will receive back their money if the borrower is unable to make payments according to the specified schedule. Secured loans, then, are loans where property of the borrower is held as collateral until the loan is completely repaid. Normally with secured loans, the money is borrowed against the home or...more
Emergencies are part of life. Sometimes we face urgent needs to pay a liability but due to insufficient cash with us. There is nothing shameful to ask for money from your friends and families. But it does not good always. Thus, now several bank, financial institutions are here to solve your problems of small amount of loans. If I need a 1000 loan then, I can easily get 1000 cash loans without wasting my time in any hectic paperwork....more
Little white lies are harmless, right? Not when they are listed on your loan application. Lies on your loan application are definitely not harmless and, in fact, can be detrimental to your chances of obtaining credit. Different people have different reasons for lying on their loan applications. Some people want to hide a bad credit history while others do not want to reveal personal information. Still, regardless of the reasons, being a loan liar is not a good practice. It can hurt you and undermine your chances of getting a loan. Unfortunately, loan lying is fairly common in Britain.Who are the Loan Liars?Loan liars come from all walks of life. Men between the ages of 26 and 40 make up two thirds of those who lie on their loan applications for secured loans, insurance and credit cards. Of these men, approximately 64 percent of them lie to hide a poor credit history. By contrast, 77 percent of women lie on their loan applications to hide a poor credit history. Of this number, 17 percent use an alias. Of all the loan liars, 10 percent admit to using false documents to support their false claims on loan applications. Also, 9 percent of men and 7 percent of women lie...more
If you are looking for short term assistance for meeting your emergent expenses then you should apply for Checking account payday loans. These are short term loans designed to help you in time of need. These loans are issued to all the citizen of US who can prove that they are at least 18 years of age and have a valid checking account...more
Do not worry if you need money when you are jobless. There is the option of loans for unemployed that you can explore on certain terms-conditions of the lenders. These loans may help you in combating the regular and emergency expenses. You can always start new in life through the support provided by the borrowed amount. You are...more
Do you intend to open an account in your name in the ledger books of the bank? But are there financial institutes who will neglect your poor fiscal rating? Well, of course there are certain commercial organizations that allow you to open a bank account for bankrupts. This could include that whether you are in arrears or are facing insolvency in business you still have the right to open and operate a bank account.There are various facilities and services provided here. In other words, an insolvent person is not deprived of any amenities that the bank offers. He is also entitled to the issue of a passbook or a cheque book. Therefore, the applicant can systematically note the recordings of his transactions with the commercial organization.To commence the transactions, the customer is required to deposit an initial amount. He can then execute all the dealings that usually occur in a banker-customer relationship. He can deposit and withdraw an amount as per the given terms in the agreement. This system also permits him to have an access to the modern modes that comprise of internet and mobile fund transfer services.To open such an account, the financier takes certain...more
Introduction This case study on TD Bank forms part of Datamonitor's Financial Services Consumer Insight series, as part of which best practice in specific areas of FS are highlighted.Scope *This case study analyses the key successful...more
Want to buy one of the Atlanta foreclosures and discounted homes? If you are buying a home for your first time, there are a lot of things you have to take into consideration.The first step is to go ahead and apply for a mortgage loan....more
It is not possible for every single individual to boast of a strong financial background. Although the economy is booming, resulting in an affluent life style, most of the people do not even have the funds to sort out their priorities. There are...more
Getting together enough money for a downpayment can be rather difficult for many people these days. It often takes many years to be able to get enough. Now, though, there is a way that you can get the finances for your home even without...more
Happiness and sadness are the part of life just like that unexpected fiscal problems are also a common part of life. These difficulties don't need any invitation or permission to come into your life. Budgetary dilemmas are very impolite...more
Most of the loans that are available in the current market fall under the category of secured loans. These loans almost make up for the half of the applications that a financial institution receives and about half of the credit it gives...more