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Browsing the blog archives for January, 2009.

Why did banks and Mortgage companies give loans to people without checking thir ability to pay them back?

Personal Finance
ds asked:


No doc loans? Home loans that do not include taxes or Insurance given to people who have NEVER held a job in their life? Why did they do it?

Michelle
7 Comments

What can u tell me about business loans to start up a new business?

Small Business
curious asked:


In the process of opening a new business. How do business loans work - I know I need a business plan etc before I can apply for a loan, but what’s some other info? What’s the interest rate range, what’s the range of how many yrs u can have the loan, range of amnt they can loan, will they include the first yrs lease amnt in the loan if needed…etc, etc?
We have good credit.

Ruben
2 Comments

loans?

Credit
jguerrero14 asked:


I got someone to cosign for my autoloan but will they be able to if they have a few loans already taken out?

Alexander
3 Comments
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