Credit - September 2006

When you go to the bank for a loan, where does the money come from? Under the Bank Act, banks are prohibited from loaning out other persons deposits and also prohibited from loaning their own money.

Where does it come from then?

2006-09-01 10:12:27 · 10 answers · asked by p_rutherford2003 5

a broke azz person??

2006-09-01 09:51:39 · 14 answers · asked by Anonymous

hi.
i`m freshman @ austin uni (TX) & my question is how i can get loan for buying house & cAR?
tnX

2006-09-01 09:38:22 · 4 answers · asked by pedram_atb87 2

2006-09-01 09:31:40 · 6 answers · asked by Guest 1

Does anyone know how to bump credit inquiries off a credit report fast?

2006-09-01 09:24:14 · 5 answers · asked by Kream 1

I have a real simple question. I have an original lender that states my balance is less than what the collection agency has.They state to send them the payment, and they will get a paid in full letter from the collection agency. Will it be that easy? or should i pay the collection agency.

2006-09-01 09:03:03 · 10 answers · asked by t r 2

I had a medical bill go into collections that I didnt know about. I never received a bill, nothing! I found out about it cause I looked at my credit report. I paid the bill off a few weeks ago (as soon as I found out) they said it will come off my credit report within 30-45 days. What can I do about that? Will it really come off my credit report?

2006-09-01 08:58:40 · 3 answers · asked by myproblem 1

I understand credit inquiries stay on a credit report for up to 2 years, but when but does a company start to ignore them.

2006-09-01 08:57:12 · 4 answers · asked by Kream 1

I keep getting phone calls from collection agencies asking for a woman that I don't know and who has never lived at my address. When I looked her up on the internet, she has an address and a phone number (that's NOTHING close to mine, BTW). I've told the SAME company they have the wrong number and they still keep calling - it's starting to feel like harrassment. When the agency called last night I told them they had the wrong number and that they could look her up. They said that if I gave them her number then they'd stop calling me! Wait, it gets better . . . I said wait a minute, let me fire up my computer to look her up and give you the number and the collection agency lady said, "Madam, I don't have that kind of time to wait on the phone!" I have the woman's number ready for when they call again, but what if they keep calling? What do I do?

2006-09-01 08:28:27 · 9 answers · asked by Portia Panther 1

A 'tracing co' has contacted me and has advised they will be making me bankrupt unless I contact them within 7 days. This is an old debt which has been passed around to various debt companies over many years. They have my name wrong - I have since married and the letter is very aggressive, informing me that I will made bankrupt.
I do not deny this is my debt ( albeit with hefty amounts since added on) but can these companies actually arrange bankruptcy without the individuals permission?

2006-09-01 07:59:42 · 9 answers · asked by Anonymous

What are the affects on my credit rating if I have outstanding school loans? Basically, does having taken out loans affect my credit score? I am not in default and have a balance of over $50,000.

2006-09-01 07:58:42 · 8 answers · asked by Ariel G 1

I lived with a man that paid all my bills and I wasnt working. I got store credit cards and jacked them up b/c I would be so bored at the house. We broke up and now I'm stuck paying for them! It was such a STUPID thing to do but at the time I was enjoying it. Just wondering who else was going through this and how you are coping.

2006-09-01 07:26:15 · 16 answers · asked by Ash 3

well I got a credit report like 3 months ago, so do I have to wait until june of 07 to get another report or can I get one after jan 1 07?

2006-09-01 07:15:39 · 13 answers · asked by mrs understood 1

i was over 30 days late on my mortgage but i quickly fixed it and i paid off all my credit cards with cash so even though i had a huge downfall, will paying off my cards and continue to make on time payments with my mortage bring my score up a little bit? how long will it take id like to sell and buy a new house next year but if my credit score stays this low i wont be getting anything?! any advice?

2006-09-01 07:00:42 · 9 answers · asked by toolate 3

If Yes, Does this also apply to ATM, or online shopping?

2006-09-01 06:58:50 · 3 answers · asked by Mena 4

I'm not the whitest guy on the block, in fact, my skin can look like an oil spill on a driveway. Anyway, i want sum money for purposes related to ice hockey and I was wundering something in my little head when they asked me for my social. I was kinda tripping, ya know, cause i heard about id theft from some bald dude on CBS and i said no, and they were like "well we need that sir, to help you" anyway, i'm rumbling or hoewever it is you say it, are they just angry at me for being as black as night??????

2006-09-01 06:52:26 · 17 answers · asked by Anonymous

I have paid off most of my debt, have one cc , auto payment & house payment , I have been making all my payment on time for the last 4 months and before that hit a rough patch , my credit score does not seem to be moving up ???

2006-09-01 06:49:46 · 5 answers · asked by dmamaof2 1

2006-09-01 06:43:10 · 10 answers · asked by sexyrehd 1

2006-09-01 06:25:26 · 6 answers · asked by jessipoo_81 1

We had major credit problems and had a foreclosure 2.5 years ago. My credit has improved and my income has gone up, the problem is by the time I save up 10%, houses will skyrocket again. There are so many vacant properties, I have written to owners and asked them to owner finance for 1 year and only 1 responded, and he wanted 50k down (if I had that I wouldn;t have to owner finance!) Who will lend to us?

2006-09-01 06:03:05 · 5 answers · asked by Anonymous

2006-09-01 04:27:59 · 5 answers · asked by tammykohrman 1

My mom put a bill in my name that was in no way my bill. I do now know how to go about correcting this. The bill has been sent to a collection aggency and is now being reported on my credit report. Do I need to call the creditor? the collector? or the credit buraou to correct this? Thanks!

2006-09-01 04:25:40 · 11 answers · asked by wishing_i_could_sing 2

2006-09-01 04:04:57 · 4 answers · asked by Anonymous

with no opening money fee

2006-09-01 03:49:37 · 4 answers · asked by rebelrobin32 1

2006-09-01 02:48:10 · 8 answers · asked by alen2500 1

Also how can I get my credit score to go up? I have a few bad things on my credit that i paid off. A few of them will be erased by February so it should go up a little then. I also have student loans, a closed credit card that i have less than $200 to pay on, a Dillards that has less than $500 on, a Visa that has less than $500 on and then another bill that I am paying by the end of this month. I want to purchase a house in a year so I want to work on bringing my score up some. Any sudggestions?

2006-09-01 02:39:52 · 4 answers · asked by phonics808 2

I have a credit score around 750 and would like to keep it there. Will financing a new/used vehicle damage my credit score?

2006-09-01 02:17:24 · 6 answers · asked by Michael R 1

2006-09-01 01:20:12 · 6 answers · asked by unknown11233 1

2006-09-01 00:23:03 · 9 answers · asked by uma3538 1

2006-09-01 00:00:48 · 8 answers · asked by just-dave 5