Sentences with phrase «loan in one's own name»

You can also avail for a home loan in the name of the entire family and avail for deductions, each member can benefit from the same.
I have a federal student loan in my name for my son's college.
To keep your house after a divorce and take your spouse's name off the mortgage loan, you'll need to refinance the mortgage loan in your name only.
The way to do this is to refinance the Parent Plus Loan and put the new loan in your name.
A freeze stops anyone from accessing your credit score unless you give them access, meaning the thief who stole your identity can't get a car loan in your name.
But if you have a valid reason, such as needing a car for college, a small loan in your name can help you build credit.
A car title loan in your name and a valid driver's license or other government - issued identification and proof of income would be required.
If you need a car for school, also consider getting a small auto loan in your name.
The property carries a home equity loan in the name of deceased relative.
We break down exactly what to do if someone took out student loans in your name.
As if life is never going to catch up with them, the professional student keeps racking up loans in the name of more education or a change in professional direction.
But what the Department of Education does not say is there is nothing that appears to restrict one person from taking out a new loan to satisfy the old FEEL joint consolidation loan in their name alone.
I was left with a personal loan of $ 7,100 for the difference and the buyer had a new loan in his name for $ 17,000.
Many people turn to Laurel Road because they can refinance a parent loan in their name.
If you're a parent who prefers to take out a supplemental loan in your name instead of having your student take on more debt, you may compare the PLUS loan to our College Family Loan, which has the same fixed interest rates as the Partnership Loan.
Yes, U-fi's lender partners allow parents to refinance their federal and private education loans in their name.
That being said, they still base their ultimate decisions on your DTI (Debt to Income), so with the other loans in your name, you might not qualify.
I went to a For - Profit school that provided no true education, lied about job placement numbers, lied about teacher credentials, charged for classes never taken, «refunded» money I was never given, took out extra loans in my name without my knowledge etc..
The average family who considers taking on parent debt for student loans has already exhausted other alternatives for funding such as scholarships, financial aid, and federal loans in the name of the student.
I am taking home loan in the name of wife (housewife).
Since this is not permitted by our government lender, parents can opt to refinance, as some lenders (i.e., SoFI, CommonBond, etc.) permit the college student to refinance the parent PLUS loans in their name.
However, if you're a parent with other student loans in your name, and now you have this PLUS loan, you could potentially add it to your other loans via consolidation.
Many people turn to Laurel Road because they can refinance a parent loan in their name.
In some cases, parents don't want an education loan in their name, but they are willing to cosign for a private loan.
If your child is still enrolled in college, consider a financial plan that would be more beneficial to both of you, such as simply paying the college's tuition bills directly instead of taking out more loans in your name or your child's name.
The story mentions using another person's credit card and stealing personal information to open bank accounts and take out loans in the name of the victim.
If the hackers who stole your credit information from Equifax drain your bank account or take out a loan in your name, it's your problem, not Equifax's.
It's partially about security — if your file is frozen, hackers who might have stolen your personal information can't open credit cards or take out loans in your name.
But a single hacker can steal your identity, take out loans in your name, and ruin your credit.
Regardless of whether you are looking to refinance the loans in your name or transfer them to your child's name, there are a number of different options available to refinance these loans.
Even though you took out the loans in your name, you could trade them into your child's name through student loan refinancing.
Refinancing your student loan in your name is similar to the process for refinancing any other type of student debt.
You can get all of the benefits of refinancing the loan in your name — lower rates, longer terms, more repayment plan options — while also being legally absolved from paying it off.
To qualify for the deduction, you must have paid interest on a student loan in your name, must not be filing separately if you're married, and must not be claimed as a dependent.
Hey @Equifax, I've been following the story about the breach and it looks like somebody took out a bunch of student loans in my name.
As a Certified Financial Planner, Hutchinson has seen this real life Michelle and Robert situation, when a client's finances were affected because the spouse who had agreed to pay the remainder of the loan in her name became unhappy with the rest of the divorce process and stopped making payments.
In addition to using your existing accounts fraudulently, criminals can also use your information to open new bank accounts, sign up for credit cards or take out loans in your name.
Under rare circumstances, qualifying federal loans may be forgiven if your school closed before you completed your program, if your school falsely certified your eligibility or if your identity was illegally used to obtain a loan in your name, or if your school did not issue a required refund when you withdrew from school.
When a random person takes out a loan in your name, they have no real incentive to pay off the debt.
Zero - credit tells lenders that you have no experience with credit, but it doesn't tell them how you'd manage your credit if you had a credit card or loan in your name.
You can try refinancing the loan in her name but you would lose certain borrower protections and I'm not entirely sure it's possible.
If someone applies for a loan in your name and a lender pulls your file, the lender will be notified of the fraud alert.
If someone attempts to take out a loan in your name for example, or if a creditor reports a late payment on an account you don't recognize, our credit monitoring service brings you into the loop right away.
Pay particular attention to any unfamiliar details that may be listed in the personal information section (such as your address details), in the hard inquiries section (to see if anyone has been authorizing credit checks in order to apply for a loan or credit card in your name), and in the list of accounts (in case someone has recently opened a new bank account or credit card or taken a loan in your name).
HUD Changed their rules in 2014 so that if your spouse is not 62 at the time you obtain a reverse mortgage, you can still get the loan in the name of the older spouse only.
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