To get out of Advance Financial, try to negotiate with the lender and express your concerns. Provide evidence of payments and seek a settlement to avoid extra fees and potential legal action. Are you struggling to break free from the financial burden of Advance Financial? You’re not alone. Many individuals find themselves in a tough…
Yes, you can finance used cars. Financing a used car is a common and viable option for many car buyers. Whether you’re purchasing from a dealership or a private seller, there are various financing options available to help you secure the vehicle you want. When considering financing a used car, it’s important to explore the…
Per diem on a loan payoff refers to the interest charged on a daily basis. Lenders calculate per diem interest to cover the period between the loan closing and the start of repayment. It helps compensate the lender for the time between these two events. When obtaining a loan, understanding the concept of per diem…
To lease a car, you typically need a good credit score and a stable income. Lenders may also require a clean driving record. Leasing a car can be a convenient option for those who prefer to drive a new vehicle every few years without the long-term commitment of ownership. However, qualifying for a car lease…
Navcheck Advance is an overdraft line of credit (LOC) provided by Navy Federal Credit Union. It acts as a backup funding source if there are insufficient funds in the checking account, without a grace period. It is a convenient and flexible option for members to cover unexpected expenses or temporarily bridge financial gaps. With Navcheck…
A 670 credit score is generally considered fair or average and falls within the lower end of the “good” range. This score reflects a moderate credit history, indicating a decent but not excellent creditworthiness. While it may qualify you for some rewards credit cards, it may also result in higher interest rates on loans. It’s…
A VA appraisal is typically valid for six months from the date of the appraisal. This period allows for a reasonable timeframe to finalize the home purchase or refinance process. When you obtain a VA appraisal for a property, it remains valid for six months from the date of the appraisal. This duration provides ample…
Discharged debt refers to the situation where a debtor is no longer liable for their debts, usually due to bankruptcy proceedings. This means the lender is no longer allowed to attempt to collect the debt. Discharged debt can have implications for credit reports and tax returns, so it’s important to understand the process and its…
Yes, you can be denied a refinance if the lender believes your income is too low or unstable to handle the new loan payments. Job instability can also make approval difficult. When seeking to refinance your home, it’s important to understand the potential reasons for denial and what steps you can take to improve your…
A holding mortgage is an agreement where the homeowner acts as the lender to the buyer, providing a loan for the purchase. The buyer then repays the loan through monthly payments to the seller, who retains the property title until full repayment. Holding a mortgage involves the homeowner providing a loan to the buyer, with…
If you can’t refinance after a divorce, you may still be responsible for the mortgage. This can impact your credit and ability to obtain financing for another home. Additionally, it may lead to legal action to enforce the terms of the divorce decree. It’s essential to explore options such as loan assumption or modification to…
Yes, your business can pay your student loans, but not all payments qualify as business expenses. Student loan payments may be classified as a business expense for tax purposes, allowing businesses to deduct them from taxable income, reducing overall tax liability. However, not all student loan payments qualify as business expenses. It’s important to understand…
Cash credit is a flexible loan facility offered by banks to businesses, allowing them to withdraw funds as needed up to a certain limit. It provides quick access to cash and incurs interest only on the amount borrowed. This short-term financing option is beneficial for meeting working capital requirements and can be availed without the…
Missing a credit card payment can result in late fees and a negative impact on your credit score. This can lead to increased interest rates and other financial consequences, potentially affecting your ability to secure future loans or credit. Additionally, it can take time and effort to rebuild your credit score. Therefore, it’s crucial to…
Yes, you can stop a foreclosure by taking proactive steps to negotiate with your lender and explore options like loan modification or repayment plans. Facing a foreclosure can be a distressing experience, but there are strategies you can employ to prevent it from progressing. By communicating with your lender and seeking alternatives such as short…