i'm just curious on how this all works? i've never met this guy, only talked to him on the phone. is he reallly interested in helping me, or is he just out to get comission? how do i know for sure that the numbers he's telling me,like the interest% and all that are actuallly going to be the numbers i end up with. i would really appreciate any advice on this
128908
When you apply for a mortgage your application is reviewed based on a specific interest rate.  They determine if you will qualify at that rate.  Once they determine that you are qualified they will give you a "commitment".  The commitment is a written document where they are promising to give you a loan for a specified amount at a specified rate.  You are required to sign the commitment and return a copy for the commitment to be valid and enforceable.  Once there is a signed commitment they have to honor those terms.  However, the interest rate in the commitment often is valid for only 30 to 90 days.  The commitment will specify how long the interest rate is "locked".\n\nTo sum it up, the broker can promise you the world but only the commitment will contain the numbers that you end up with.  And unless the broker is a personal friend or relative then he is most likely out to get the commission.
191492
People give financial advise on TV, in magazines, on the radio for free.  Salesmen in the brokerage and insurance try to give it for free, buy you pay dearly, in the end, if you don't read betweeen the lines.  Most of their financial advice is a sales pitch in disguise because it always ends up with a recommendation for whatever it is that they are selling. I would pay a CPA, a lawyer or a CFP by the hour for their advice, then go elsewhere, like a discounter for whatever it is that you want to invest in.
242211
STUDLY GETS BETTER AND BETTER ALL THE TIME.  LAST TIME IT WAS A CASE HE READ ABOUT AND NOW HIS FRIEND IS A JUDGE.  GO FIGURE.\n\n\nTHE BEST THING TO DO IS TO CONTACT THE AGENCY AND TRY TO WORK OUT A PAYMENT ARRANGEMENT.  BE POLITE TO THE PERSON YOU ARE DEALING WITH AND THEY SHOULD RETURN THE FAVOR.  I KNOW, I AM THE ENEMY, THE "BILL COLLECTOR" THAT STUDLY HATES SO MUCH BECAUSE I KNOW THE LAW AND HE KNOWS HOW TO CUT AND PASTE THE LAW.\n\nANYWAY,\n\nTELL THEY YOU WILL MAKE PAYMENTS OF $xxx PER MONTH PROVIDING THAT THEY DO NOT TAKE JUDGMENT AGAINST YOU AND that THEY DISMISS THE ACTION UPON IT BEING PAID IN FULL.  IF YOU MAKE ALL YOUR PAYMENTS THEN THEY WILL FILE A DISMISSAL AND YOU WILL NOT HAVE A JUDGMENT ON YOUR CREDIT REPORT.\n\nIF THEY OBTAIN A JUDGMENT, THEN YOU ARE FREE GAME, THEY CAN GARNISH CHECKING ACCOUNTS, SAVINGS ACCOUNTS, PUT A LIEN ON YOUR PROPERTY IF YOU OWN ANY AND IF THE AMOUNT IS LARGE ENOUGH THEN CAN EVEN FORCE TO IN TO FORECLOSURE AND OR TAKE YOUR CAR, SELL IT AT AUCTION, PAY THE BANK OFF AND APPLY THE BALANCE TO YOUR JUDGMENT.  THIS IS CALL AN EXECUTION ON THE CAUSE OF ACTION, WE DO IT ALL THE TIME.\n\nI AM NOT TRYING TO SCARE YOU, JUST LET YOU KNOW WHAT PRACTICES A COLLECTOR WILL USE TO GET A JUDGMENT PAID.  WE SIMPLY DO NOT SIT ON THEM AND WAIT FOR SOMEONE'S HOUSE TO SELL AS STUDLY HAS REPORTED IN THE PAST. I AM PICKING UP A DUMP TRUCK TODAY WITH THE SHERIFF AND I AM ATTENDING AN AUCTION ON WEDNESDAY ON A HOUSE WE FORECLOSED ON BECAUSE WE HAD A JUDGMENT OF ONLY $27,000.  THIS IS A $350,000 HOUSE WE FORCED IN TO FORECLOSURE.  THIS IS WHAT WE DO, BECAUSE PEOPLE DON'T OR WON'T PAY THEIR BILLS.  WE DO NOT HAVE TO TAKE PAYMENTS, I HAVE SEEN NO LAW, OTHER THAN WHEN SOMEONE IS ON DISABILITY OR SOCIAL SECURITY, THAT STATES THAT ONCE A JUDGMENT IS OBTAINED THAT A COLLECTION AGENCY HAS TO TAKE PAYMENTS.  THE ATTORNEY GENERAL EVEN PUTS OUT A LITTLE PAMPHLET FOR CONSUMERS THAT IS FULL OF INFO, AND IT EVEN STATES- "ONE AN ACCOUNT IS IN DEFAULT AND TURNED TO A COLLECTIONS AGENCY, SAID AGENCY IS UNDER NO OBLIGATION TO ACCEPT PAYMENTS, IT IS A COURTESY, NOT A REQUIREMENT.\n\nALSO, TELL THEM THAT AT THE END OF THE PAYMENT TERM THAT YOU WANT THIS REMOVED FROM YOUR CREDIT, THEY WILL CHECK WITH THEIR CLIENT, THE WORST THEY CAN SAY IS NO.\n\nGOOD LUCK AND IF I CAN HELP YOU MORE E-MAIL ME AT\nicsowesmemoney@yahoo.com
278286
Ha ha that guy was funny!  Anyway..........I went on myfico.com and paid the $50 or so bucks to order all three credit reports.  It will show you what is on your reports.  Then it has an interactive area where it can give suggestions on how to improve your scores.  For example, it showed me that if I paid off one of my credit cards, it would raise my score 100 points.  I did and it worked.  I also found several discrepancies on my reports and the program generates a letter for you to each agency telling them what you want to dispute and most of the times they will just remove the item from your report, raising your scores.  After fixing several things on my reports, my scores jumped.  I bought a house the first time I applied for a loan, just after a year of working on my credit scores.  You also need to get references so make sure you are being a good renter!  A little prayer wouldn't hurt either.  Good luck and God Bless!
668146
Actually I work for a company that consolidates student loans, I can help you. Call 1800 710 0114 first thing monday morning and ask to speak with Yvette. \nI'd be happy to help you and anyone else you know that needs help locking into to the interest rate for this year. Good Luck!!!!
199143
if he is not willing to give you his name, business address, and telephone number, it's almost guaranteed to be a scam. the other guarantee is if they promise a lot but insist on payment first. almost all "legitimate" businesses will show you everything you should expect before they accept any money from you.
171974
Go to in.gov/dor/ you should find out all you need there. If he has filed they might charge him interest, but they should not charge penalties. Good luck and I hope this helps. Have him send some money by the 17th. See if they can set up payments. If they do make sure he pays them on time and the correct amount.
565592
yes I do that type of loan, How is your credit score? Can you prove your income (W2 etc)?What is the buy back price?Please email me the answer and I will tell what you can get. Johng@oldmerchants.com
557153
Questions to resolve...\n\nHow much is the house worth? - Get an appraisal\n\nIs the 1000/mo applied to interest only?  Does it cover the entire amount of interest?  Will the balance at the end of a year be lower, higher, or the same?\n\nIs there a clause that will allow you to get out of the whole deal completely if you change your mind, or find out that the property is bug infested, or has mold damage, or is falling down, etc.?\n\nAsk the seller for a current title search evidencing the property is free and clear of all liens etc, except for the seller's current mortgage.\n\nThis could be very complex depending on the terms of the land contract (lease purchase).  I would contact a real estate attorney to make certain you understand and agree with all conditions.
385736
My names are Williams Scott,I am a certified loan lender.I offer secured and unsecured loans to individuals and companies at low interest rate.I offer long and short term loans.My firm has recorded a lot of breakthroughs in the provision of first class financial services to our clients especially in the area of Loan syndication and capital provision for individuals and companies. \nWe have brought ailing industries back to life and we back good business ideas by providing funds for their upstart. We have a network of Investors that < DIV>are willing to provide funds of whatever amount discrectly to individuals and organizations to start business and operations. We also recruit Agents to assist our companies in receiving payments. In our bid to be useful to you, please tell us which area that you wish us to be of service to you. Kindly respond immediately to this email, Looking forward to your reply. \nemail:willscott_55@yahoo.com\nTel num:+447031940527
551272
Why would you want to pay closing costs twice, by refinancing?\n\nThere are too many variables for a specific answer, but\nyou need to be asking this broker some questions- why do I need a cosigner- what's the rate- how much do I need to bring to closing- is it a fixed rate-for how long-is there a prepayment penalty?, etc.\n\nRead all the paperwork and don't sign it unless you understand it, and don't give anybody money until you are comfortable moving forward. \nShop around, but don't let people keep pulling your credit. Get your scores from the broker and be honest when you are talking with another broker.
331006
That's bogus.  I suspect that salesman is not properly informed of the options that are available.  If that is the only way to buy things there, I personally would not shop at that store unless the total price plus the interest is somehow still lower than the price you could get at another store.
526317
Never respond to those unsolicited calls. They are phishing and looking for a steal-able identity. Even if the call was legitimate it does not mean you just get the approval. They do a credit check on you AFTER you tell them you want the credit. If you never had a card like that chances are they are calling from a list of people who are not credit-savvy and would fall for a scam.
59059
There really are no calculations because they are not charging you ANY interest at all (probably for a certain amount of time only, right?) You will only be paying the Principle during that time, which means you are making a payment that actually reduces the total cost by the exact amount you pay.  WHen interest begins accruing, then each payment you make will be partially going to the product cost (prinicple) and partially to the interest cost (the creditor's profit for lending the money).  There is no better interest rate than 0%.  So, good going!
662381
If you want to play games with your financial future, which is what you are proposing here, at minimum a course in math/ financial calculations could help.  A meeting with your banker could help you understand the current rates if any that they could offer to you for your proposed project, and what conditions would be imposed on such a loan.\n\nNo, it does not sound to me as if this is an advisable plan.  It seems that basic business knowledge is missing. This can cause severe problems for the plan.
636454
I happen to live where they are based, and from the experiences that I have had with them they have been worth it. Please understand that they are a supplemental insurance, meaning that they pay what your "other insurance policy" doesn't cover. If there is something that you don't understand about the policy, call the toll free number and they will be glad to answer any questions you have. I personally know the CEO of the company, and several of my friends, and relatives work there. They have been in business for as long as I can remember, and have billions in assets. They do offer several different policies, so choose only what you think you would need. Also you can ask the sales rep all of the questions that you might have, if they can't answer, then call the toll free number. Hope this helps!!
364947
Definately a scam, but I have not heard of this one. If he calls again ask for his phone number so you can call him back, see what happens.