2006-12-13 18:01:42 · 4 answers · asked by gal03 1 in Business & Finance ➔ Credit
I believe if you are taking a loan, it's the other way round that the Banks want to know whether you are trustworthy. You just have to make sure on the interest rate structure, fix or floating.
2006-12-13 18:55:59 · answer #1 · answered by Tan D 7 · 0⤊ 0⤋
you can pretty much trust any local bank, because if they are in bussiness they have to meet tons of state and federal compliences before they are even opened. Do not go to one of the title check loaning places, or payroll advance stores; they charge more interest then any other Financial Institution.
If you are trying to get a home loan, make sure that there is an equal housingleander logo on their advertisements. If you want more info, there should be a poster on the wall of the bank you ar at, and you can request their complience historey. (They have to have it posted on a clearly visible spot with the adress and phone # of the places you can request this info).
The BBB is another great place to check...
2006-12-13 18:08:57 · answer #2 · answered by Irina 1 · 1⤊ 0⤋
There isn't much of anything to trust. The loan documents describe exactly what your responsibilities are, and what will happen if you do not meet them. Hence, shop for the best overall rate and terms.
2006-12-13 18:05:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
contact the Better Business Bureau first.
2006-12-15 18:58:33 · answer #4 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋