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Low Income Families Look To Loans To Replace Stolen And Damaged Goods

Tom Dawson asked: Not having insurance could leave those consumers on low incomes at greater financial risk, it has been suggested.The news comes as research carried out by the Association of British Insurers (ABI) reveals that just over a third of people (35 per cent) living in low-income homes – those households which earn less [...]

Posted June 27th, 2010 in Finance | No Comments »

Loans For Those Who Draw Government Benefits Are Available

Jess Peterson asked: Many people are forced to live on meager amounts of government benefits each month, which can makes purchasing items that are pricier, such as furniture or appliances, hard to do. Most government benefit programs are only large enough so that the recipient has just enough money to scrimp by from month to [...]

Posted June 25th, 2010 in Finance | No Comments »

How do mortage loans (or any loans ) work? On international level?

vinod s asked: Do I understand this financial breakdown correctly? The US consumers have been fueling the world economy by producing and consuming the most – enabling technological advances as financial backing seems feasible for marketing every need of the consumers. That is the good part. In recent decades the producing part has dwindled due [...]

Posted June 23rd, 2010 in Economics | 1 Comment »

Loan Payment Protection Insurance And Consumer Society

Simon Lance Burgess asked: Loan payment protection insurance has never been more relevant to society than it is at the moment. It is a fact that the UK’s population as a whole has never been more indebted than it is right now. More and more individuals are accumulating debt as a direct result of spending [...]

Posted June 22nd, 2010 in School Loan | No Comments »

How Consumers Can Obtain Loans With Bad Credit

Stephen Alan Smith asked: It can be a frustrating time for anybody who is trying to obtain a loan with bad credit history. Many believe they will not be able to get a loan because of their bad credit. However there are loan options available for people who have adverse credit, they will probably come [...]

Posted June 22nd, 2010 in Finance | No Comments »

Need help on a statistics problem.:)?

Huyuk asked: 1) Data from U.S. Federal Reserve Board (House hold Debt Service Burden, 2002) on the percentage of disposable personal income requied to meet consumer loan payments and mortgage payments for selected years are shown in the following table: Consumer Debt/House Hold Debt/ Consumer Debt / Household debt 7.88/6.22/6.24/5.73 7.91/6.14/6.09/5.95 7.65/5.95/6.32/6.09 7.61/5.83/6.97/6.28 7.48/5.83/7.38/6.08 7.49/5.85/7.52/5.79 [...]

Posted June 21st, 2010 in Mathematics | 1 Comment »

Should I go through Consumer Credit Counseling?

Lyn93 asked: I am overwhelmed with loans, Credit Cards, and bills. The thing is I have decided to go through Consumer Credit Counseling to have my interests on my loans lowered and pay off my loans, and the Credit Cards which are now in collections. I cannot handle this debt on what I make, because [...]

Posted June 18th, 2010 in Personal Finance | 4 Comments »

Are there any class action law suits aimed at devious finance practices?

Stevie Do asked: When is it considered Malpractice or misrepresentation on a finance company?When one of its officers claims to have a contract for afixed rate loan and slips a consumer an ARM or an Adjustable rate loan. This screams for attention now. An abnormal amount of familys are losing there lifelyhood to this practice [...]

Posted June 18th, 2010 in Law & Ethics | 1 Comment »

$300, $500 Up to $1000 Cash Advance Loans For People With Bad Credit – Instant Approval

Marcia Templer asked: Most cash advance lenders can offer consumers, who require emergency cash in 24 to 48 hours, $300 to $1000 with minimal qualification requirements. Whether you have excellent credit or poor credit, cash advance loans are available to people with all credit types. Even people with a history of Chapter 7 or Chapter [...]

Posted June 13th, 2010 in Finance | No Comments »

Federal educational loan vs. Private lender?

♡unicorn♡ asked: What are some ups and downs ? Easy to obtain, most lenient, easiest to work with? Flexible consumer guidelines? The most freedom? Better Rates?Rosa

Posted June 12th, 2010 in Higher Education (University +) | 1 Comment »