I am applying for a loan to open a small business and am using my mother\'s cd\'s as collateral. She asks, what is the advantage of that as opposed to her cashing the cd\'s, giving me the money and charging me a much lower interest rate than the loan?
In Loans - Asked by Elizabeth Woodard - 9 months ago
My mother has an car that has a balance due of approximately $15,000. Resale value is about $6,000 to $7,000. Do you think the bank will work out a buy down so she can sell it, and work out a payment plan to pay off the difference?
In Debt - Asked by Admin - 9 months ago
If I apply for a deferment, forbearance or cancellation of my loan, can I stop making payments at that time?
In Debt - Asked by Admin - 9 months ago
I’ve been searching for a job for months and I can’t find one. I have used up all of my savings. Should I make less than the minimum payment on my credit cards or pay them late?
In Debt - Asked by Admin - 9 months ago
I was one day late making my credit card payment and got hit with the “penalty” APR of 29 percent. I’ve had this card for over 10 years and when I called to see if they could lower the rate, they said no. Are there any tactics I can use to get the interes
In Debt - Asked by Admin - 9 months ago
Should I save money or pay off my credit cards?
In Debt - Asked by Admin - 9 months ago
Most of my debt is in student loans. Should I pay them off if I can or keep making the monthly payment?
In Debt - Asked by Admin - 9 months ago
My daughter has too many school loans with high interest rates. Is there anything she can do?
In Debt - Asked by Admin - 9 months ago
I have heard mixed opinions on transferring debt from one credit card to another. Is it a good idea?
In Debt - Asked by Admin - 9 months ago
How many credit cards is too many?
In Debt - Asked by Admin - 9 months ago