about 1 hour ago - No comments
Question by me: Student Loan Consolidation – if both spouses have K+? OK so I asked about the 20% plan and because we both have massive loans, the only option is to pay 40% of our income for 30 years. (20% of our combined income twice). I argued, talked to supervisors, but that is the
about 1 day ago - No comments
Question by : Can I get a student loan to pay for a home payment instead of rent? My fiance and I are trying to buy a townhouse. instead of paying 800 a month for an apartment we would rather put that money towards us owning something! Im entering the Nursing program at our local
about 1 day ago - 2 comments
Question by raven: What will happen if my credit score drops and I have a vehicle loan? I have one credit card that I charged up extremely high, and have since shut the account and I am working to pay it pack. However, I also currently I have an auto loan that I am getting
about 1 day ago - 6 comments
Question by Francis G: how helpful are student loan consolidations? my loans are exorbitant and i’m paying $ 350/month but it’s barely enough to cover my interest. i’m drowning. trying to find viable solutions. are loan consolidation companies legit? —————————————— Answer by DeanYes, most are. Just make sure that you do not end up get
about 2 days ago - 1 comment
Question by : How does a Military Home Loan work? Is it a for sure thing? My husband is in the Army National Guard and is currently deployed to Iraq. We are expecting our first child, and when he comes home we want to buy our first house! He has mentioned a VA home loan,
about 2 days ago - 1 comment
Question by Beastyt: Is their a vehicle loan with no contract and with no credit check? I need a vehicle loan so I can get mine first vehicle I do got a bad credit and I want a loan where their no contract so I can take mine time paying back. —————————————— Answer by the_unluckiestYeah
about 3 days ago - 4 comments
Question by mwright555: Will my gf’s home loan work against us if we buy a home together and she rents hers? We are looking to buy a home and rent hers till the market imroves but when we go to qualify for a loan will that work against as as far as how much we
about 3 days ago - No comments
Question by : Can I get a student loan to help pay for a cheap apartment? I’m trying to move downtown closer to my college, and if I get a cheap apartment can I use a student loan to pay for just the rent? And how would I get the loan? —————————————— Answer by slammamamaif
about 4 days ago - 3 comments
Question by kittenmilitia: Where can I get a vehicle loan with no credit check? Looking for a no credit check vehicle loan with a payment under $ 200.00 monthly. I do not expect a new car, or even a great used one, just SOMETHING. —————————————— Answer by marlena42000Try those Buy her Pay here places. But
about 4 days ago - No comments
Question by : Is it a good idea to build credit using a vehicle loan? I’m planning to buy a vehicle soon and currently have no credit history, so I am debating taking out a loan (I have my parents to co-sign for the loan) to build up some good credit. Do you think this
about 2 years ago
Auto finance is what I do for a living and you will be a natural.
The biggest part of doing sub-prime auto finance is being able to read credit, know your lenders guidelines and be able to read a credit application.
This way you will know by looking at the three which lender buys the deal and how to structure the deal to get the best rate, largest carry and least amount of stipulations.
A huge part of knowing your lender guidelines is knowing when you can get around proof of income. Since every lender has guidelines about debt to income and total amount of income they will allow for a monthly payment, this is critical if you have someone who is trying to buy a car that they really don’t budget for.
Another big part is landing the customer on the right car. You want vehicles that you own back of N.A.D.A. wholesale so you can maximize the carry on the front of the loan, some lenders will advance as much as 145%.
A lot of things I really do not want to go into in a public forum, fell free to contact me direct and we can talk further.