How do I get my bank to reduce my hurricane insurance requirements? March 26, 2010
Posted by Credit in : Credit , 1 comment so far
JAMES F asked:
My bank, Wachovia, is making me pay for hurricane insurance on the replacement value of my home instead of the amount of money I owe on the mortgage. Last year they tried the same thing but were willing to just insure the mortgage amount, This year I was told the amount would be added to my mortgage for the replacement value. This is over 3 times the mortgage amount. I refused but was told I could not. What can I do?
My bank, Wachovia, is making me pay for hurricane insurance on the replacement value of my home instead of the amount of money I owe on the mortgage. Last year they tried the same thing but were willing to just insure the mortgage amount, This year I was told the amount would be added to my mortgage for the replacement value. This is over 3 times the mortgage amount. I refused but was told I could not. What can I do?
What credit card companies have the best customer service? March 26, 2010
Posted by Credit in : Credit , 4comments
*gYpSy* asked:
Once I get rid of the others I have, I want to just keep one credit card on hand for security and/or neccesity.
Once I get rid of the others I have, I want to just keep one credit card on hand for security and/or neccesity.
What’s a good credit to have with a company that is not known for being terrible its customers?
Thanks 
What would happen if changes in bank regulations expand the availability of credit cards? March 26, 2010
Posted by Credit in : Economics , 1 comment so far
★♥♪♥♪♥☆ ★♥♪♥♪♥☆ ★♥♪♥♪♥☆ asked:
Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash.
Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash.
How does this event affect the demand for money?
If the Fed does not respond to this event, what will happen to the price level?
If the Fed wants to keep the price level stable, what should it do?
How old do you have to be to open a bank account in Alabama? March 25, 2010
Posted by Credit in : Personal Finance , 2comments
RyanM888 asked:
I want to open my own bank account. One that none of my parents have any control over. I’m tired of having an account with my mom, so how old do I have to be to have my own bank account.
I want to open my own bank account. One that none of my parents have any control over. I’m tired of having an account with my mom, so how old do I have to be to have my own bank account.
Thanks!
If I consolidate my student loan with a personal loan can I still write off the interest? March 25, 2010
Posted by Credit in : United States , 1 comment so far
MLE asked:
I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write off the interest I pay on my taxes?
I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write off the interest I pay on my taxes?
How to avoid losing home to a bank? March 25, 2010
Posted by Credit in : Personal Finance , 2comments
Ewa K asked:
We are in almost desperate need to sell a house, because of immediate relocation ( job related) and we cannot find a buyer. We even offered a land contract but there is nobody interested, we even reduced the price for the house. Are there any ways to avoid bank taking over the house?
We are in almost desperate need to sell a house, because of immediate relocation ( job related) and we cannot find a buyer. We even offered a land contract but there is nobody interested, we even reduced the price for the house. Are there any ways to avoid bank taking over the house?
What is the best bank in Quebec, Canada that will fit my needs? March 25, 2010
Posted by Credit in : Personal Finance , 1 comment so far
Pajoe asked:
I’m planning to move in Quebec for a job however all my credit cards are based here in the states and also my checking and savings accounts. I’m using Bank of America, is there any bank in Quebec that can transfer money from my bank and vice versa on a regular basis?
I’m planning to move in Quebec for a job however all my credit cards are based here in the states and also my checking and savings accounts. I’m using Bank of America, is there any bank in Quebec that can transfer money from my bank and vice versa on a regular basis?
What are loan options for a low money down mortgage? March 25, 2010
Posted by Credit in : Personal Finance , 7comments
jamaicabound123123 asked:
I found a duplex I’m interested in buying. The place costs $79,000. I can put down 5% of that but that’s all I have to put down.
I found a duplex I’m interested in buying. The place costs $79,000. I can put down 5% of that but that’s all I have to put down.
Is it possible to roll closing costs up into the loan? I keep hearing about FHA loans but are there any other loan options that allow you to put a low down payment of 3.5% to 5%?
How can I get a credit card to help rebuild bad or no credit? March 25, 2010
Posted by Credit in : Credit , add a comment
rkwarner_warner asked:
I’m looking to rebuild my credit, and a credit card seems to be the most popular way to get it done. I have had bad credit, and am now told that it is up to zero. What kind of card can I get, or can I even get one?
I’m looking to rebuild my credit, and a credit card seems to be the most popular way to get it done. I have had bad credit, and am now told that it is up to zero. What kind of card can I get, or can I even get one?
What Loan company will take over my federal student loans when the loans are in default? March 24, 2010
Posted by Credit in : Financial Aid , 2comments
Dat_1_Chiq asked:
What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the name of the company.
What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the name of the company.
I am at the point where I can’t get a federal student loan until I pay this off.