Posts Tagged ‘mom’

Question about loans how they work?

Friday, December 30th, 2011

I went and got a loan and I understood it one way, and my mother is arguing with me saying it works another way. No reason to argue so lets get it strait.

If I got a loan for 15000 and a 2.6% interest rate for 5 years. I have 15000 to spend on the car, so 13500 on the car the 1500 for fee’s is how i looked at it. Then over time well you are paying you pay the interest every month 6, so after 5 years you payed the 15000 for the car and the 1000 or so in interest witch would come out to 16000 some odd dollars.

My mom thinks, that you have 14000 to spend and the bank will add the interest into the loan right off the bat so 14000 to spend on car 1000 interest so your loan is 15000

What happens to a $1000 deposit in an apartment lease?

Friday, December 16th, 2011

I’m 18, I’m a freshman in college, and things are getting rough at my house with my controlling parents. Right now I have about 00 in my bank account, but sometime in February or March I’ll receive 50 in student loans. I plan to use that money for living costs. About 0 of this money will be deducted for school, because the rest of my schooling is covered. The rent at the apartment I’m looking at is set at 9 a month, and I THINK it includes everything. I haven’t signed or talked to anyone yet. I am pretty sure though because that’s what the add said. I’m looking for a job, but my mom will probably take my car away, so I’ll to find something close to school. The apartment requires a 00 deposit. What is done with that money? Does that include first months rent or not?
Also, any opinions or suggestions on my current situation? Do you think it’s a bad idea for me to move out? My parents really are horrible to me. They tell me that I can only drive to school and home. It’s ridiculous. Thank you!

Help 2 FHA loans, fannie mae, freddie mac?

Tuesday, November 8th, 2011

my fiance bought a home on which his mom cosigned the mortgage 2 years ago. Soon after she removed her name from the deed and mortgage so it wouldn’t affect her alimony as she was filing for divorce. After buying the house, his parents divorced and his mom and younger brother needed somewhere to stay so they moved in, and we also have a 4 year old which means all the rooms are currently occupied. We are expecting our second child in 2 months and with his mom refusing to move out, we kind of stuck with having to move an get a place with more room as we have no room for the baby. His mother was the cosigner on the loan, so with him being the borrower he can’t get another fha loan. The LTV is too high even though we are trying to move because our family is too large so we cannot use this exception to get another loan, and I have gone on medical leave so with me having no current income, I can’t get a loan in my name. We are down to the wire and need a solution, we have talked to a lender who has given us a few options but things keep falling through. The right thing would be for his mom to move out so we can sell the house but she can’t/won’t. her credit is bad and she doesnt have the funds. We’re cramped in a house with a 00 mortgage that we pay solely. Anyone have any ideas.
YES the property was refinanced into his name only. She removed her name from everything because she wanted as much alimony as possible from her husband and he gave the money to help purchase the house. The house iss solely in his name she signed a quit claim deed and they went and refinanced the house. REAL ANSWERS PLEASE!

How do I refinance a student loan into a different name?

Tuesday, September 13th, 2011

When I was in college, my mother was having some financial difficulty and took out an "unsecured" student/parent loan in my name and my grandmother’s name.

My grandmother has since passed away and now the loan is entirely in my name. My mom is once again having financial difficulty and is having trouble with the payments, not only is this affecting my credit, it also is making it impossible for me to borrow anything because my debt to income ratio is too high.

I need to get the loan into my mother’s name – it’s her loan after all. Any suggestions on the best way to do this?

Thanks!
Vy

Let me clarify. The loan is in my name only now that my grandmother is gone. We signed the loan. My mother didn’t have the credit at the time to get a loan, so my grandmother and I got one, however, she got the money with the condition that she make the loan payments and switch the loan into her name and out of ours when she was able. That’s what I was initially inquiring about. Forgive me for not explaning throughoughly enough the first time.

And yes, looking back it wasn’t a smart thing to do. We just thought we were helping my mom temporarily and that she’d get "stabilized" and be able to handle it… Hindsight 20/20, probably not a smart thing to do. You do dumb things when you’re 18 and don’t know any better.

Is there a such thing as a loan to pay for a high vet bill?

Thursday, September 1st, 2011

Our pure bread rottweiler woke us up basically screaming the other day.He whole left side is numb and stargetrs when he walks and now he is running into things like he can’t see. My mom and brother took him to an ER vet. They want 00 just to check him out to find out what is wrong. So the perscribed him Kflexin. Thats is costing us 0. We can’t afford to get him heatlhy again. We are needing help to find out what and how we can do this like some kind of payment program or something with out having to put him down or even giving him up to a Rott Rescue. Any suggestoins?

What should i do about bills? Serious answers?

Monday, August 29th, 2011

Okay i am 18 years old and living with my adopted mom. I owe 0 on the 30th and have no money. 0 of that is for loans which effects my credit if i don’t pay by the 1st. My car payment is 0 a month this month only because i haven’t paid him since November 11th and he has been fairly nice about it. and the other important loan is 5 on the 30th but it’s my ex’s loan that i am suppose to be paying and it’s in her name and if i don’t pay it. it will effect her credit. she took the 00 loan out so i could put it as a down payment on my car. The car is in her name. we are seperated due to her cheating on me. So any advice on how i can be stress free?
Well i have already notified all the loan places. i mean my three loans are only for 0 so i should be able to pay them off fairly qucikly so im not worried about my credit. i have already discussed things with her about her loan and she wants me to pay for it. which i not disagreeing. it needs to be paid by me. but the car will not effect neither one of our credits at all. there is no written agreement by my me on her loan or the car.

What is a quick and easy way to get a cheap car?

Sunday, August 28th, 2011

I am 18 years old with a couple part time jobs. I’m looking to try to get a car within this month. I don’t have any credit, nor will my mom cosign for me. I don’t even make 00 a month. I’m looking for a cheap car (within 00). I want to pull a loan but I don’t know any where that will loan me that money. I am sure that I can pay about 0-0 a month. Please help!

legal stuff -unpaid loans what would happend?

Thursday, August 25th, 2011

ok I took out A loan bout 2years ago and seen it was being taking out paid back before i shut down my bank account I had fraud from a company but the loan was in process so to my knowledge they was paid back now almost 2years later im getting calls from my mom I had used for a reference say in they gonna serve me papers with all the fees went up over 1000.00 dollars now will this just go on my credit if I ignore this or can they put me in jail??????

What is the easiest way to get a loan if you have bad credit?

Sunday, August 21st, 2011

Hi,

Im in a weird situation. I moved to ottawa(canada) and my credit was always good until this year i checked it and apperently i had 2 bills in collection that i knew nothing of. One of 74$ and another of 100$. Im planning to pay it out as soon I get paid. However , there is an emergency at this moment. Mom has a bad Abcess tooth and I need to take her to the specialist. I dont have much money on me….Where can i get a small loan sort of like a 1000$ maximum to cover her treatments…where can i get that? I know thebank wont lend me anything due to my bad credit and i dont know where to turn. help.

question about student loans, grants?

Friday, August 19th, 2011

I am hoping to start college in a few weeks. My fafsa just went through. My problem is that i have no money to pay for classes and no car to get to my classes. i just graduated from highschool and am living at home. my mom is a single parent and dosn make much money so mayb that will help me get more money. I want to know if it is possible to get enough loans or grants to pay for my classes and get a cheap car. i would need close to 3000 for classes and at least 1000 for a car. i am clueless on how anything works so any info would be helpful!! thanks:)

College: Parent PLUS Loans?

Tuesday, August 16th, 2011

I recieved a grant & scholarship that between 00-00, but I need more to pay for the remaining cost so I’m thinking about a PLUS loan.

The only problem is that my mom & dad have BAD credit so we need a co-signer, but the person we have in mind is a few States away. The only thing is, that person applied & recieved other loans so I’m NOT SURE if he could be a co-signer for a educational loan. Is that possible??? and if so, is it possible for him to sign the loan electronically?

How should i approach the investing business?

Thursday, August 11th, 2011

Ok I m going to get into investing and i am going to do harrisdirect so I need to know if they charge monthly and if I should borro like 0 from my mom to start out or should I ask my (rich) aunt and uncle for a loan of 00 and a computer and if I should what rate should I pay them back,please sumbit ur opinions and try to answer all my questions, thnx

Student loans and credit?

Tuesday, August 9th, 2011

I’m 20 y/o, have 3 credit cards all in good standing, pay above the minimum every month and ahead of time…I’ve had 2 of the cards for over a year and one since Dec. 2006..I don’t plan on getting anymore in hopes of building my credit. I just received a 00 increase on my Bank of America Gold visa C.C…does this mean my credit is good or is it a "thank you for doing business with us"?

I would like to get a student loan to (hopefully) study abroad during the summer for a month and to take summer classes back in the states by March (if I study abroad) or by May if I stay here and take classes. I don’t have a reliable co-signer, so what are my chances of getting a decent sized student loan in 8-10 months? All C.C’s are under their limits and I’ve been at my job for over a year (will be 2 years next July)

Any tips for how to make sure I can get approved? (Other than checking my credit score bc I plan on doing that)

Thanks!
I tried applying for private student loans and I always needed a co-signer which I don’t have..my mom is the only one that could do it and her credit is completely shot. Would I have a better chance going to the bank that I have an account and C.C with?

Thanks for all the answers so far!
I have Federal Loans and if I want to take summer classes at 0 per credit hour (plan on taking 15 credits + books + hopefully studying abroad) it comes out to a lot of money and at my school they take away from your aid for the Fall/Spring semesters and use it for the summer…I know I have to make an appt with Fin.Aid but I was just curious about a private loan…paying them back won’t be a problem because it will be right when I graduate.

Suing sister on non-payment for truck I sold her. And 2 loans not repaid given to her, and not repaid.?

Thursday, August 4th, 2011

I sold my sister my truck that my mom bought me before she passed away. With estate money, my sister bought 2 brand new vehicles, then came to me stating she didn’t have money to pay for the truck she bought, and wanted me to co-sign on a new vehicle, and let Ford repossess the truck. I offered her my truck and we agreed 7.50 per month for 42 months (,335). She agreed on 1/14/06 to purchase it, and her husband and she signed a contract. I signed over title in good faith.
I have received 00 in payments in the last 2 1/2 years. No payment over 1 yr.
Also, she owes me for two loans, 00 for ? and 0 to refinance mortgage to have $ to pay me back. I’ve received 0.
She has ignored me and made excuses on why she can’t pay and traded my Ranger for a full size, 4 door, 4×4 truck, stating "Husband is working off the difference with dealer."

What legal actions can I take to get my money?
What is the best & cheapest way? Small claims?
Do I have a case?
How can I get justice?

Suing sister for money owed for truck and two loans not repaid.?

Thursday, August 4th, 2011

I sold my sister my truck that my mom bought me before she passed away. With estate money, my sister bought 2 brand new vehicles, then came to me stating she didn’t have money to pay for the truck she bought, and wanted me to co-sign on a new vehicle, and let Ford repossess the truck. I offered her my truck and we agreed 7.50 per month for 42 months (,335). She agreed on 1/14/06 to purchase it, and her husband and she signed a contract. I signed over title in good faith.
I have received 00 in payments in the last 2 1/2 years. No payment over 1 yr.
Also, she owes me for two loans, 00 for ? and 0 to refinance mortgage to have $ to pay me back. I’ve received 0.
She has ignored me and made excuses on why she can’t pay and traded my Ranger for a full size, 4 door, 4×4 truck, stating "Husband is working off the difference with dealer."

What legal actions can I take to get my money?
What is the best & cheapest way? Small claims?
Do I have a case?
How can I get justice?



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