We are well - aware that owners of vintage or classic cars do not wish to lose possession of their beloved cars even if they need a
title loan on it.
Learn what good credit is, how it can help you throughout your life, and the impact of your
student loan on it.
The new real estate investor bought it from the other lender and used our company to obtain a
rehab loan on it.
However, if you own a car with an
outstanding loan on it, you will be legally required to include collision insurance in your coverage.
Credit score currently at a 518 but that's because I have few
college loans on it and making the on time payments n more then min due will definitely jump up score start with 300 credit line n after 5 payments line goes to 500.
All it takes is a loss of a job, hardship, illness, emergency, or death in the family, and suddenly you're forced to spend the money you usually put towards paying off your
auto loan on something else.
The problem would be when you «sell» it to your LLC you would need to get a
new loan on it.
As @James Masotti said well, portfolio lender can have two meanings... (1) simply a lender who does traditional residential loans but does not sell them to Fannie / Freddie and (2) a commercial lender who does a blanket
commercial loan on them.
If you're trying to sell your car, but you still have a car title loan with a lender, you might be wondering if you can sell a car with a
title loan on it.
We still have
a loan on it which I have not taken into account, that will be paid off within 5 years if we keep it.
I was driving on the highway when my oil light came on for about 10 seconds in the car lost all power mechanic told me I need a new engine is it worth to replace on that car with that amount of mileage and how much should I pay for an engine I have a $ 3000
loan on it still
The way to make the credit card work in your favor is to open the card of choice and then place any and
all loans on it that you KNOW you can pay off before the introductory rate is gone.
We then paid off the car loan early and now avoid
loans on them.
I don't have a high one, but having
a loan on it just makes it higher.
, Now, can I avail
any loan on it or can I pledge / mortgage it with any banker to avail loan..?
I bought that with cash, got it rented, and I went to my local bank and they gave
me a loan on it for 70 % of the appraised value, which happened to be more than I had in it.
The property does have
a loan on it, under my name.
Of course, your mortgage company will expect you to have a condo policy as well, if there's
a loan on it.
Do you have home
loan on it?
In another FHA update, the agency will no longer insure mortgage loans for homes that have a PACE
loan on them.
A guess - if you are spending
the loan on something «responsible», this suggests you are a responsible person who is more likely to repay the loan, and thus they might be more willing to make the loan, or to offer you a better rate.
Hi there — If I decide to go with consumer proposal do I lose my car even if I have
a loan on it and what happens to my credit score?
I am the only child and inherit the house which has a mortgage and owners equity
loan on it.
Banks may not be willing to
loan on it either.
If you have an older car with a low value (without a lease or
loan on it), you may not want to pay for collision coverage since if your car is damaged, or totaled, the low amount of compensation you'd receive from your auto insurance company may not be worth the premium paid out.
If you drive an old car and have
no loan on it, it probably isn't worth purchasing anything but liability — with possibly a towing service clause.
Thus, the insured person has right to take
a loan on it.
You are required to carry collision insurance if you own a vehicle that has an outstanding
loan on it.
If you've been paying into a whole life insurance policy for a long time, then you should be able to take out
a loan on it at a very low interest rate.
Consider dropping collision and / or comprehensive coverages on older cars that no longer have
a loan on them.
We would then have a clear title to two homes / properties but we can not use them now because we have
loans on them.
Of course, your mortgage company will expect you to have a condo policy as well, if there's
a loan on it.
You will be required by law to maintain collision insurance if you own a vehicle with an outstanding
loan on it.
We have also considered taking a home equity
loan on it to make improments on or current vacation home and have some extra savings if needed.
Each of these properties had
a loan on it from a private lender who didn't really want to be paid off.
In the long run, it is fine, as it was over 6.75 % mortgage, I got my next property at the under - 4 property loan levels as paying it off brought me back to 3 mortgages, and I can always take
a loan on it again, although that would mean additional costs to get my money back out, so probably won't.
IMO there is no point of getting hard money to fund a buy and hold if the exit strategy is to get a regular
loan on it, why not just start with a regular loan?
I still have outstanding
loan on it, and somehow lenders won't let me cash out.