What is the first thing noticed by the lender when you apply for the bank loan? Yes it's the credit score. Being a good creditor is always helpful from both the lender's and borrower's perspective. But what about the bad credit history people? Their application is often rejected. The reason being their poor credit score and no lender wants to risk his\her money. Personal loan for bad credit is specifically designed to sort out thr monetary woes of such persons.
Brief review
Personal loan for bad credit helps you to fetch a decent amount as loan even if your credit score is poor. This loan can be applied by any individuals like homeowners, tenants etc. The personal loans can be applied in two ways-secured personal loans and unsecured personal loans. In secured personal loans the applicant has to keep some collateral to achieve loan and he will get a loan amount of 125% the value of the collateral kept. The other interesting features being lesser rate of interest, longer repayment tenure etc. While in unsecured personal loans the applicant should not keep any collateral for obtaining loan. The process here is very fast since there will not be any property verification procedures. Since here the collateral is absent and the lender's money is at risk the rate of interest charged is higher.
Rate of interest and repayment tenure
Normal rates are between 7.9% APR to 41% APR. For the secured personal loan the rate of interest charged is between 7.9% APR variable to 19.9% APR variable and for unsecured personal loan it is between 7.4% Apr variable to 41% APR variable. This rate also depends mainly on the credit score of the applicant. The repayment tenure is normally longer one and depends mainly on the amount of money taken. Timely repayments will help the credit score to improve hence better for the borrower.
Christian Phelps is a Masters in Accounting and Financial Management from Lancaster University Management School. He has been working with loan for personal loan since his academics got over. To find Cheap high risk personal loans, High risk unsecured personal loans, High risk secured personal loans visit http://www.highriskpersonalloans.co.uk
Article Source: http://EzineArticles.com/?expert=Christian_Phelps
วันพุธที่ 2 เมษายน พ.ศ. 2551
Motorbike Loans - Own A Bike At Cheap Rates
In most cases, it is observed that a motorbike seems to perform better than four wheelers or three wheelers. Thus, taking into account their merits you have made up your mind to purchase a motorbike. But the limited funds with you have created hurdles in meeting this demand. If so, you can easily finance your motorbike with the help of motorbike loans. This loan policy gives you the provision to borrow funds with or without the use of collateral. You can purchase an expensive and branded bike or a used one. The benefits and other provisions of this scheme are offered even to individuals having bad credit history. The reimbursement period of this scheme is stretched from 2-7 years.
In the market, numerous loan lending institutions are ready to offer this scheme and finance your bike. But before approaching lenders applicants should follow few guidelines. First, applicants should evaluate the value of the product. Second, they should estimate the funds they require as loan. Thirdly, for a reliable decision approach any financial adviser rather then the salespersons because the latter are target oriented. Fourth, applicants should borrow according to their earning and repaying ability.
The interest rate of this financial scheme is low and cheap. Moreover, the continuous flows of loan lenders have developed a competitive scenario. In such situation, if applicants collect and compare the various loan quotes then they can easily spot cheap interest rates. The interest rates should be procured depending up on ones earning and repaying ability.
Applicants can apply and approve the loan in a comfortable manner and by maintaining the mundane work. The online application is free from paperwork and also saves your time and effort. Online forms are offered by every lender through their websites. The form and application process is simple and intelligible and from any part of the globe you can approach lenders for the funds. So, you can now own a bike of your own just by taking the riders of this scheme.
Martin Andrews is offering loan and financial advice on Motor Bike Loans for quite a long time. He is working as the senior financial consultant with Car Purchase Loans. To find Motorbike Loans, cheap motorbike loans, poor credit motorbike loans visit http://www.motorbikeloans.net
Article Source: http://EzineArticles.com/?expert=Martin_Andrews
In the market, numerous loan lending institutions are ready to offer this scheme and finance your bike. But before approaching lenders applicants should follow few guidelines. First, applicants should evaluate the value of the product. Second, they should estimate the funds they require as loan. Thirdly, for a reliable decision approach any financial adviser rather then the salespersons because the latter are target oriented. Fourth, applicants should borrow according to their earning and repaying ability.
The interest rate of this financial scheme is low and cheap. Moreover, the continuous flows of loan lenders have developed a competitive scenario. In such situation, if applicants collect and compare the various loan quotes then they can easily spot cheap interest rates. The interest rates should be procured depending up on ones earning and repaying ability.
Applicants can apply and approve the loan in a comfortable manner and by maintaining the mundane work. The online application is free from paperwork and also saves your time and effort. Online forms are offered by every lender through their websites. The form and application process is simple and intelligible and from any part of the globe you can approach lenders for the funds. So, you can now own a bike of your own just by taking the riders of this scheme.
Martin Andrews is offering loan and financial advice on Motor Bike Loans for quite a long time. He is working as the senior financial consultant with Car Purchase Loans. To find Motorbike Loans, cheap motorbike loans, poor credit motorbike loans visit http://www.motorbikeloans.net
Article Source: http://EzineArticles.com/?expert=Martin_Andrews
วันพฤหัสบดีที่ 15 พฤศจิกายน พ.ศ. 2550
Top Home Equity Loans Website in Google search
1. Home Equity Loan Rates - Home Equity line of Credit, Equity Loans
Description Website : Find the Best Home Equity Loan Rates in minutes. We compare over 300 lenders to find the lowest home equity loan rates available. We help consumers get the best loans.
A home equity loan allows you as a homeowner to get a loan by using the equity in your home as collateral. The equity consists of whatever funds you have invested in your property in order to own it or improve it. Since it is a debt against your own property, which you are in actual possession of, a home equity loan is a secured debt. The property can be required to be sold if the creditor wants the money back that you have borrowed.
Url: http://www.mortgageloan.com/home-equity-loans
2. Home Equity Loan Second Mortgage Line of Credit Rates Loan Mortgage Interest Rate HELOC
description Website : Compare rates on second mortgages, home loans, home equity loans, and line of credit rates with Bankrate's free rate listings
Compare local interest rates :
Compare local home equity loan rates in just a few simple steps. Find a rate in your area.
Url: http://www.bankrate.com/brm/rate/loan_home.asp
3.Citibank Home Equity Loan and Home Equity Line of Credit
Description Website : Looking for a home equity loan or a home equity line of credit? Get information about home loan products from Citibank at myhomequity.com
Rates as of November 1, 2007. Home Equity Lines of Credit have 120-month draw periods, followed by a 240-month repayment period.
Url : https://www.myhomeequity.com
4. When Your Home Is on the Line: home
More and more lenders are offering home equity lines of credit. By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please, at an interest rate that is relatively low. Furthermore, under the tax law--depending on your specific situation--you may be allowed to deduct the interest because the debt is secured by your home.
If you are in the market for credit, a home equity plan may be right for you. Or perhaps another form of credit would be better. Before making a decision, you should weigh carefully the costs of a home equity line against the benefits. Shop for the credit terms that best meet your borrowing needs without posing undue financial risk. And remember, failure to repay the amounts you've borrowed, plus interest, could mean the loss of your home.
Url: http://www.federalreserve.gov/pubs/homeline/
5.Wells Fargo - Home Equity Loans & Lines of Credit
Description Website: Wells Fargo is one of the leading providers of home equity financing in the United States.
1 Rates subject to change and vary by Wells Fargo market area. $279 interest-only monthly payment is based on 8.365% fixed Annual Percentage Rate (APR) effective as of September 20, 2007, for a $40,000 Fixed Rate Advance taken at account opening with a term of 12 - 36 months. (Longer term of 37 - 60 months results in an APR of 8.49%.) Quoted APR assumes, 80% maximum combined loan-to-value and secured by an owner-occupied residence in California, excellent borrower credit history.
Url: https://www.wellsfargo.com/equity/
6. Countrywide Financial - Home Loans - Equity Loan Mortgages – Mortgage Lender - Refinance
Description Website: Countrywide Home Loans is the nations largest independent mortgage lender offering home equity, HELOC, refinance, mortgages, debt consolidation and other loan options. Countrywide Financial divisions also offer banking and insurance solutions.
Countrywide was founded in 1969 with a commitment to break down the barriers to owning a home. Today Countrywide, America’s #1 Home Loan Lender, has helped millions of families find ways to accomplish their home ownership needs, whether buying a first home or refinancing their current loan. We say it, believe it and set out to prove it everyday: No one can do what Countrywide Can.SM Learn more about what our home loan customers are saying.
Url: http://my.countrywide.com/
7.Home Equity Loans - Release the Equity Locked In Your Home
DESCRIPTION Website: Apply for a great deal in a home equity loan quotation today from Rebuild.org
Are you looking to free the equity currently locked into your home due to rising house prices? A home equity loan may be the answer. Apply today using the form below and get a great quote from up to 3 different lenders with no obligation!
Url: http://www.rebuild.org/
8.E-LOAN: Mortgage Refinance, Home Equity, Auto Loans, Savings Accounts, CDs, Line of Credit, Home Loans, Second Mortgage, No Hidden Fees
Description Website : E-LOAN offers home mortgage, refinance, home equity loans, lines of credit, auto and motorcycle loans, savings accounts and CDs with great rates online. Rates include no hidden costs or fees. Get a free credit report.
AZ License # BK-0903794, BKBR-0103026; Licensed by the Department of Corporations under the CA Residential Mortgage Lending Act; IL Residential Mortgage Licensee; KS Licensed Mortgage Co. SL 2000-4045; MA Mortgage Lender License #MC1470 and small loan company license #SL0800; Mortgage Banker/ NYS Banking Dept. OH # MB 4538 and MB 4342; Georgia Residential Mortgage Licensee No. 13189;
Url: http://www.eloan.com/
9. Home Equity Loan with USA Prime Loans
Description Website: Home Equity Loan, Home Equity Loan with USA Prime Loans
Need a new roof? Kids starting college? Want to invest in retirement property?
You have good equity in your home and that's money you can use to your advantage. A low-interest home equity loan can make special projects possible. USA Prime Loans is a loan broker referral service. We put you in contact with brokers who understand home equity loans and know who has the most competitive rates. They will be able to tell you how much you can borrow. They will walk you through the process. We believe that you should have a choice, and so we offer connections to brokers who want your business. You get multiple bids on your pre-approved loan. With our simple loan applicationyou quickly get the best homeequity loan for your budget.
Url: http://www.usaprimeloans.com/
10.Home Equity Loan, Mortgage Refinance Loan, and Debt Consolidations Loan
Description Website: Lowest rates and free quotes on home equity loans, debt consolidation loans, mortgage refinance loans, and other types of loans for any financial needs.
A home equity loan is basically a line of credit that is secured by the equity of the borrower's home. This loan is based on the difference between the homeowner's equity and the home's current market value
Home equity loans are very attractive for those who looking to borrow cash. Many lenders usually offer lower interest rates, compared to credit cards and other types of loans.In other words, you can borrow up to 125% of your home's value and save thousands of dollars on your credit card paymets. For example, by consolidating your debt with the home equity loan, you get a single payment with lower interest. Moreover, the interest is tax deductable.
Url: http://homeequityloanstore.org/
Description Website : Find the Best Home Equity Loan Rates in minutes. We compare over 300 lenders to find the lowest home equity loan rates available. We help consumers get the best loans.
A home equity loan allows you as a homeowner to get a loan by using the equity in your home as collateral. The equity consists of whatever funds you have invested in your property in order to own it or improve it. Since it is a debt against your own property, which you are in actual possession of, a home equity loan is a secured debt. The property can be required to be sold if the creditor wants the money back that you have borrowed.
Url: http://www.mortgageloan.com/home-equity-loans
2. Home Equity Loan Second Mortgage Line of Credit Rates Loan Mortgage Interest Rate HELOC
description Website : Compare rates on second mortgages, home loans, home equity loans, and line of credit rates with Bankrate's free rate listings
Compare local interest rates :
Compare local home equity loan rates in just a few simple steps. Find a rate in your area.
Url: http://www.bankrate.com/brm/rate/loan_home.asp
3.Citibank Home Equity Loan and Home Equity Line of Credit
Description Website : Looking for a home equity loan or a home equity line of credit? Get information about home loan products from Citibank at myhomequity.com
Rates as of November 1, 2007. Home Equity Lines of Credit have 120-month draw periods, followed by a 240-month repayment period.
Url : https://www.myhomeequity.com
4. When Your Home Is on the Line: home
More and more lenders are offering home equity lines of credit. By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please, at an interest rate that is relatively low. Furthermore, under the tax law--depending on your specific situation--you may be allowed to deduct the interest because the debt is secured by your home.
If you are in the market for credit, a home equity plan may be right for you. Or perhaps another form of credit would be better. Before making a decision, you should weigh carefully the costs of a home equity line against the benefits. Shop for the credit terms that best meet your borrowing needs without posing undue financial risk. And remember, failure to repay the amounts you've borrowed, plus interest, could mean the loss of your home.
Url: http://www.federalreserve.gov/pubs/homeline/
5.Wells Fargo - Home Equity Loans & Lines of Credit
Description Website: Wells Fargo is one of the leading providers of home equity financing in the United States.
1 Rates subject to change and vary by Wells Fargo market area. $279 interest-only monthly payment is based on 8.365% fixed Annual Percentage Rate (APR) effective as of September 20, 2007, for a $40,000 Fixed Rate Advance taken at account opening with a term of 12 - 36 months. (Longer term of 37 - 60 months results in an APR of 8.49%.) Quoted APR assumes, 80% maximum combined loan-to-value and secured by an owner-occupied residence in California, excellent borrower credit history.
Url: https://www.wellsfargo.com/equity/
6. Countrywide Financial - Home Loans - Equity Loan Mortgages – Mortgage Lender - Refinance
Description Website: Countrywide Home Loans is the nations largest independent mortgage lender offering home equity, HELOC, refinance, mortgages, debt consolidation and other loan options. Countrywide Financial divisions also offer banking and insurance solutions.
Countrywide was founded in 1969 with a commitment to break down the barriers to owning a home. Today Countrywide, America’s #1 Home Loan Lender, has helped millions of families find ways to accomplish their home ownership needs, whether buying a first home or refinancing their current loan. We say it, believe it and set out to prove it everyday: No one can do what Countrywide Can.SM Learn more about what our home loan customers are saying.
Url: http://my.countrywide.com/
7.Home Equity Loans - Release the Equity Locked In Your Home
DESCRIPTION Website: Apply for a great deal in a home equity loan quotation today from Rebuild.org
Are you looking to free the equity currently locked into your home due to rising house prices? A home equity loan may be the answer. Apply today using the form below and get a great quote from up to 3 different lenders with no obligation!
Url: http://www.rebuild.org/
8.E-LOAN: Mortgage Refinance, Home Equity, Auto Loans, Savings Accounts, CDs, Line of Credit, Home Loans, Second Mortgage, No Hidden Fees
Description Website : E-LOAN offers home mortgage, refinance, home equity loans, lines of credit, auto and motorcycle loans, savings accounts and CDs with great rates online. Rates include no hidden costs or fees. Get a free credit report.
AZ License # BK-0903794, BKBR-0103026; Licensed by the Department of Corporations under the CA Residential Mortgage Lending Act; IL Residential Mortgage Licensee; KS Licensed Mortgage Co. SL 2000-4045; MA Mortgage Lender License #MC1470 and small loan company license #SL0800; Mortgage Banker/ NYS Banking Dept. OH # MB 4538 and MB 4342; Georgia Residential Mortgage Licensee No. 13189;
Url: http://www.eloan.com/
9. Home Equity Loan with USA Prime Loans
Description Website: Home Equity Loan, Home Equity Loan with USA Prime Loans
Need a new roof? Kids starting college? Want to invest in retirement property?
You have good equity in your home and that's money you can use to your advantage. A low-interest home equity loan can make special projects possible. USA Prime Loans is a loan broker referral service. We put you in contact with brokers who understand home equity loans and know who has the most competitive rates. They will be able to tell you how much you can borrow. They will walk you through the process. We believe that you should have a choice, and so we offer connections to brokers who want your business. You get multiple bids on your pre-approved loan. With our simple loan applicationyou quickly get the best homeequity loan for your budget.
Url: http://www.usaprimeloans.com/
10.Home Equity Loan, Mortgage Refinance Loan, and Debt Consolidations Loan
Description Website: Lowest rates and free quotes on home equity loans, debt consolidation loans, mortgage refinance loans, and other types of loans for any financial needs.
A home equity loan is basically a line of credit that is secured by the equity of the borrower's home. This loan is based on the difference between the homeowner's equity and the home's current market value
Home equity loans are very attractive for those who looking to borrow cash. Many lenders usually offer lower interest rates, compared to credit cards and other types of loans.In other words, you can borrow up to 125% of your home's value and save thousands of dollars on your credit card paymets. For example, by consolidating your debt with the home equity loan, you get a single payment with lower interest. Moreover, the interest is tax deductable.
Url: http://homeequityloanstore.org/
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