Can a bank withdraw funds from an account I have at a different bank to pay an overdue loan? April 14, 2010
Posted by Credit in : Personal Finance , 1 comment so far
Martha B asked:
I have a mortgage with a bank. The renters left and I have no way of covering the mortgage until I get new renters. The bank took the mortgage out of my checking account. If I close this checking account and open another one at a different bank can they access my new checking account to get their funds.
I have a mortgage with a bank. The renters left and I have no way of covering the mortgage until I get new renters. The bank took the mortgage out of my checking account. If I close this checking account and open another one at a different bank can they access my new checking account to get their funds.
How can I find the best loan option in order to refinance our home? April 13, 2010
Posted by Credit in : Personal Finance , 4comments
acaschato asked:
We have put an addition onto our house through a personal loan from a family member and want to refinance in order to pay the loan off. I am interested in doing a no doc, or stated, type of loan.
We have put an addition onto our house through a personal loan from a family member and want to refinance in order to pay the loan off. I am interested in doing a no doc, or stated, type of loan.
What are the steps of closing bank accounts? April 12, 2010
Posted by Credit in : Personal Finance , 2comments
chrisbottan asked:
I’m moving and need to put my money in a bank closer to my new house, what would be the steps to doing that? Also, how would I treat CDs, because there is a penalty if I take the money out before 5 years. Would it be different if I watned to close teh account than if I just wanted to take the money out of the CD?
I’m moving and need to put my money in a bank closer to my new house, what would be the steps to doing that? Also, how would I treat CDs, because there is a penalty if I take the money out before 5 years. Would it be different if I watned to close teh account than if I just wanted to take the money out of the CD?
How long can a bank keep a delinquency on a credit report? April 9, 2010
Posted by Credit in : Personal Finance , 2comments
Bob M asked:
Back in 1997, I ran into some financial trouble and took out a loan for the balance on a mobile home I once owned. I defaulted on the loan that year, but it is still on my credit report. I wrote letters to the bank and to the credit reporting agencies, and this is still on my credit report. This is the only bad credit/delinquency I’ve ever had. I would appreciate any suggestions.
Back in 1997, I ran into some financial trouble and took out a loan for the balance on a mobile home I once owned. I defaulted on the loan that year, but it is still on my credit report. I wrote letters to the bank and to the credit reporting agencies, and this is still on my credit report. This is the only bad credit/delinquency I’ve ever had. I would appreciate any suggestions.
Where can you get a loan if you have bad credit and need to rebuild? April 9, 2010
Posted by Credit in : Personal Finance , 9comments
candy asked:
I would like to know where you can get a loan, (not payday loans), if your credit is bad but you are wanting to rebuild it.
I would like to know where you can get a loan, (not payday loans), if your credit is bad but you are wanting to rebuild it.
How to open a bank account for someone to pay for major expenses due to illness? April 6, 2010
Posted by Credit in : Personal Finance , 3comments
tames5143 asked:
I have a nieghbor who has been diagnosed with a brian tumor. She is the mother of two young children. Her husband is employed, but at her side since she slipped into a coma a little over a week ago. They need help and I wanted to open, with her husband’s agreement, a bank account and start to conduct benefits. What are the rules/protocols for setting up such an account?
I have a nieghbor who has been diagnosed with a brian tumor. She is the mother of two young children. Her husband is employed, but at her side since she slipped into a coma a little over a week ago. They need help and I wanted to open, with her husband’s agreement, a bank account and start to conduct benefits. What are the rules/protocols for setting up such an account?
What happens if one bank closes your account but you have 10 others? April 4, 2010
Posted by Credit in : Personal Finance , 2comments
¬¿¬ asked:
Lets say one bank closes your account due to overdraft that hasn’t been paid and they report you to the credit bureau that regulates banks which means you can’t open another account.
Lets say one bank closes your account due to overdraft that hasn’t been paid and they report you to the credit bureau that regulates banks which means you can’t open another account.
But you still have 10 other bank accounts with other banks…. do they get closed too?
What are some ways to build credit history without a credit card? April 2, 2010
Posted by Credit in : Personal Finance , 2comments
Julie asked:
I am 20 with no credit cards or credit history. I am currently paying back my school loans. Does that work? I want to know what some other ways are to help build my credit WITHOUT credit cards. I am trying to stay out of debt as much as possible. All I have to pay is my car insurance, school loans, and cell phone bills. Any tips/advice? Thanks in advance!
I am 20 with no credit cards or credit history. I am currently paying back my school loans. Does that work? I want to know what some other ways are to help build my credit WITHOUT credit cards. I am trying to stay out of debt as much as possible. All I have to pay is my car insurance, school loans, and cell phone bills. Any tips/advice? Thanks in advance!
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!
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?