Personal Finance - July 2007

Made the mistake of borrowing money from a payday loan company and now they have assessed all kinds of late fees and today I received a call from a law office threatening to sue for the lates fees and now more interest. The loan has been paid back this is all penalties and interest that I had no idea was in the fine print. What options do I have if any???

2007-07-18 08:44:23 · 7 answers · asked by Anonymous

2007-07-18 08:06:44 · 2 answers · asked by leerhy2 1

2007-07-18 08:06:41 · 4 answers · asked by trgirl3 1

I know i should save $ for a down and have been but something always come up with kids and it's VERY HARD so pleeeease, no lectures *smile*:-)))
. Here's my question. I was told I am eligible for the piggyback 80/20 loan (I have bad credit I am fixing)but the 20% loan up can have 10% interest! I've done some calculating and if this is the case I'll be paying about $2300 for the 1st mortgage and $800 on the 2nd and basically would have negative equity by the time I finally move in. Am I right? Should I just wait to save at least 3% for the SONYMA loan which gives you 6.7% interest? PS-my dad has great credit and he said he would co-sign.

What about a 100% loan with PMI instead of a piggyback loan? What would the monthly mortgage be guesstimating the home is $430K?

Your advice is heartily appreciated. With the interest rate on the piggyback loan after 30 years I would have paid over a million dollars on a $400K home. Am I calculating this wrong?

2007-07-18 08:05:32 · 3 answers · asked by Angie 1

I am 20. The general age for retirement is 65. The average lifespan of an American is up to 85 to 95ish...

And please don't say it depends on (xyz) i am looking for an average amount.

2007-07-18 07:48:30 · 5 answers · asked by Jez 4

should i roll over my 401k to my new job 401k and roll it over as an IRA and start a new 401k?

2007-07-18 07:15:37 · 3 answers · asked by photo 1

2007-07-18 07:13:59 · 4 answers · asked by Anonymous

Can anyone recommend a good bank that offers an IRA Roth?
I would like to open an account and have no idea where to start.

Thanks!

2007-07-18 07:08:26 · 2 answers · asked by Claudia 2

2007-07-18 07:01:37 · 12 answers · asked by 6th Finger 2

Any advice/experience from people who have or had an ING savings account?

2007-07-18 06:58:54 · 6 answers · asked by pumpkin 2

2007-07-18 06:53:58 · 5 answers · asked by Top 99% 3

2007-07-18 06:06:26 · 6 answers · asked by Anonymous

2007-07-18 05:19:00 · 7 answers · asked by TODD S 3

How many people out there are rich ?? Do people that are rich or become rich actually turn greedy?? I wish I could get some wealth, i'm a poor southern girl LOL but yea I was just wondering that's all please don't report me i'm not asking for anything only if you offer :-D

2007-07-18 05:16:38 · 30 answers · asked by ~*~BaBiGuRl N BaByD TTC#1~*~ 3

I'm a single 25 year old guy. I almost never cook, my fridge has nothing but soda and milk. I pretty much eat with 15 dollars per day or way less. Usually I just have cereal for breakfast and dinner. I usually eat out and spend from 10-15 dollars. But often, I just eat a 5 dollar pizza, I eat at a fast food restaurant, and spend below 10 dollars. I often eat at business lunches and dinners for free.
I sometimes have dinner with friends on weekdays. I never seem to spend more than 75 dollars on food per week.
I can spend from 40 to 100 dollars on weekends going to restaurants and clubs with friends, but I consider those my weekend expenses.

I don't think I drive too much. I just go to work, and go somewhere in the afternoons (visit friends, go to the movies, eat out, etc.)

I spend at least 100 dollars on gas per week, and 75 dollars or less on food.

Is this normal???

2007-07-18 05:16:33 · 8 answers · asked by Anonymous

Are there any legit lenders will to lend $4,000? Everytime I get lenders from outside the country. Are they legit. I know some of the non-legit. Has anyone done business with rollandlenders? I need an answer quick. Thanks

2007-07-18 04:56:19 · 0 answers · asked by Janet E 1

Someone told me that if you default on a student loan that the govt. does NOT have to take you to court to collect. That they can confiscate your bank assets, or securities or whatever in order to get their money.

this ddidn't seem right to me. Doesn't the govt still have to take you to court and prove that you are liable for that student loan. I mean, what happens if there had been any sort of mistake and they confiscated your $$ but had the name of the defaulter wrong.

I'm just wondering cause it seems civil rights are being violated left & right and I would have said 'no way' but after all these govt civil liberties abuses, I am not so sure anymore.

(I know they can garnish your wages--but I assume that that is after notification)

so.....does the gov't have to sue you in court to collect $$ from a defaulted student loan or can they just confiscate your accounts without warning?

2007-07-18 02:49:03 · 4 answers · asked by center of the universe 4

My license got suspended for a traffic violation. I need a license in order to continue my job and get my long awaited promotion. How do I got about applying and getting one.

2007-07-18 02:47:01 · 3 answers · asked by amelchor502 2

2007-07-18 01:39:13 · 4 answers · asked by Marjorie D 1

SInce I do not currently work I want to take what little I have in my 401k and put it into something that will grow faster, like an IRA. I only have 3800$ since I didnt contribute until the last year I worked. I would like to grow that money quicker so I can pay for my future because I am 33 and want to be set by the age of 55. Is that dream resonable? I do plan to add to my plan by the way. When I have a little to invest I will add it.......

2007-07-18 01:25:23 · 7 answers · asked by steffiebqueen 1

My credit score is not that good (between 584-624 for each bureau), and I was wondering if I should get a credit card to raise my score, or if it will go up substantially when my brankruptcy goes off of my report (in 2008)?

2007-07-18 01:18:48 · 7 answers · asked by utopian_wildfire 1

He has a loan services (e-Loans Services) 311 N. Mc Kenzie, 36535, Foley, Al, USA.
He says he lends money on mortgages. Is it true?

2007-07-18 00:47:18 · 3 answers · asked by fredoaks2 1

Mr.Jackson contact us about a loan . would like to know if this is a real person who helps people with loans before we go any further.

2007-07-18 00:31:13 · 5 answers · asked by lisa L 1

2007-07-17 23:30:12 · 2 answers · asked by aliyanz2001 1

I want to set aside some amount of money monthly for my retirement. I am planning to retire in 20 years time. I am in singapore. WAnt to know whats the best way to invest.. Uni trust, stocks, CPF Special account.. Need your suggestions..

2007-07-17 21:50:55 · 4 answers · asked by suresh 1

2007-07-17 18:38:23 · 4 answers · asked by Sheila C 1

Ok so I asked how do I come up with $2000 and a few of you suggested loan from your bank like a cash loan. I wanted to know are they fairly easy to get. I mean I have like collateral if that's what they need and my mom can possibly co-sign she makes like $20 an hour.

2007-07-17 18:15:41 · 3 answers · asked by ? 3

2007-07-17 18:13:24 · 7 answers · asked by Anonymous

Iam looking into consolidating my credit cards
(about $5000.00) and iam confused whether consolidating my credit cards is good or bad, to just have on bill a month and maybe less interest.

PLEASE RESPOND I WOULD LIKE TO DO THIS AS SOON AS POSSIBLE. THANK YOU.

2007-07-17 17:09:01 · 2 answers · asked by shortdotty 3

I am trying to make a bank reconciliation for my acct homework and I can't balance so i'm trying to figure out what i did wrong.

2007-07-17 16:16:03 · 6 answers · asked by Anonymous