2006-12-14 03:55:25 · 10 answers · asked by sparklingeyesnva 1 in Business & Finance ➔ Credit
There are not. You must apply to a reputable and real credit card lender and the'll give you a reasonable line of credit. If you gotta pay a application fee, you'll get zero in credit and the lender will pocket all the money so be a smart consumer and rebuild yor credit.
2006-12-14 04:20:15 · answer #1 · answered by puta m 3 · 0⤊ 0⤋
What are you refering to when you say a loan lender? Home loan? Payday loan? Auto loan? There are lots of lenders that will loan money without up front fees.
Many auto loans do not require upfron fees. Some may require a down payment, however, that increases the equity in your car, so it is not really a fee.
Most 1st mortgages will require fees to be paid, however, many times you can roll those fees into the amount financed (if you have enough equity in the home).
A check advance loan may charge you an upfront fee simply because the loan is a very high risk for default.
If you are determined to be a high risk (bad credit history, no collateral on a loan, etc) or are making a high risk loan (payday advance, no collateral loan, over 100% loan to value on a car or home, etc), then you would be more likely to pay some kind of up front fees.
Again, it is difficult to give a good answer if we don't know what kind of loan you are talking about.
2006-12-14 05:06:50 · answer #2 · answered by j-man 4 · 0⤊ 0⤋
More often than not you will find a (mortgage) company to be honest. If that is the type of loan for which you are looking. There are a few out there that are crooks, yet in the broad scheme of things, the companies are run by people just like you and me. Many lenders are going to charge up-front fees simply because they have certain expenses that they have to take on during the approval, or pre-approval process. The best way to think about this is to put yourself into the lenders shoes. Would you go to work and not expect a paycheck, or would you go to work and pay money out of your own pocket for every one of your clients, regardless is they buy from you or not? A lender is a company that is in business to make money, and has to pay it's employees. If they did not charge any "up-front" fees, their profit margins would narrow and more than likely they would go out of business. I personally would like to get something for nothing, yet I have a family to feed and I am not a non-profit organization. If you are looking for a "good/honest" lender, stay off the internet and talk to your friends and or family about their experiences in the market for a loan. That is going to be the best way to get the real story. Internet companies can and will get you a great deal, yet if this is your first loan, be sure to work with someone that can give you personalized attention. It makes the whole process a lot easier. Don't "shop" around for a rate. If you find one that you are satisfied with and a lender with whom you are comfortable, stick with the company. Otherwise if you try to play company against company, you will either end up losing or being very frustrated in the end. Good Luck with whatever loan you are going to get. I hope it is the greatest experience of your life.
So as an answer to your question, most "legitimate" lenders will charge you up-front fees (typically around $500 for appraisal and credit.) It allows them to get you the most competitive loan out there and not charge the "next" person if you do not go with them. I hope this helps you.
2006-12-14 04:14:55 · answer #3 · answered by Stephen 3 · 0⤊ 0⤋
Yeah there are, but it's always based on the homeowners knowledge. The more you know as the homeowner, the less a bank or lender can take advantage of you.
When you know what's going on, they'll have a much tougher time trying to overcharge you or put you in a bad loan. My recommendation is learn as much as you can about mortgage and then you'll be a force to be reckoned with.
The funny part is that it doesn't take much to outsmart a broker or a loan officer. Often times they know very little, and not much more than the common homeowner.
Learn more about credit, mortgage, and finance:
http://www.thetruthaboutmortgage.com
2006-12-14 04:06:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes, can you give us a good true lenders that cater worldwide without up front fees and not scammers? Can you give us their email ad?
2017-03-26 16:56:24 · answer #5 · answered by Myrna P 1 · 0⤊ 0⤋
Prosper.com is the only site I know of. Well known and reputable, if you don't want to go to a bank. It's from the same guy that co-founded eLoan, Chris Larsen.
2006-12-14 04:44:14 · answer #6 · answered by Kevin K 3 · 0⤊ 0⤋
Hello there,
I am Mr chris peter.A legit loan lender.Are you into debts? Do you have a bad credit?Are you financialy down.I give out loans at low interest rate of 3%.I give out loan to Business,Auto and personal loan to Men and women who are into Business transaction, I give out long term loan for three to five years maximum with your interest in this you can as well tell me the amount you need so that I send to you the terms and condition that is if you are realing interested in getting a loan from me, Loan is given out in Pounds and $US and SGD the maximum I give is 5,000,000 both in pounds and $US and the minimum 1,000 pounds and US$ and SGD so if really you are interested mail for more info on how the loan can be transfered to you. There is one Question i have to ask are a serious individual that we take a loan and pay back after duration with the interest, if you are honest I will trust you because I like to do business with Honest people if you are one you will get the loan with out problem and for your information if you should more loan like $10,000,000m I can give only if you are one of these cartigories: Manager of a company A private Holder A broker in banks A director in any office or company A high investor of and compay If you are one of the following you can get $10,000,000US as loan or if personal loan you can request for 5,000-5,000,000 as loan. hope to here from you soon. NAME:............................ PHONE:........................... COUNTRY:......................... send these info it is important. Mind you loans is given to every part of the world only if i see you to be honest and will pay back after duration. If you are interested you have to send the amount you need as loan so that i can give you the terms and condition on the loan for your information loan are given to every part of the world on honest people so if you are honest apply for the loan now at cpc_consultant@yahoo.com
2006-12-16 04:11:18 · answer #7 · answered by chua b 1 · 0⤊ 1⤋
Yes.
2006-12-14 04:05:52 · answer #8 · answered by OrianasMom 3 · 0⤊ 0⤋
Has anyone else ever used *************?
2006-12-15 05:24:32 · answer #9 · answered by bmh423 2 · 0⤊ 0⤋