Archive for the 'secured loans' Category

My business and secured loans?

We are going out of business , it is a corp. LLP . We have secured loans and leases for equipment……we signed the leases and loans as officers of the corp. Are we still personally responsible for these bills…….even if selling off assets wont cover all the bills. The leases are 4year non-cancellable [...]

if i get home loan secured in this taxable year, can i deduct interest payments made before loan secured?

my parents helped my husband and i purchase a home this year. we have a loan agreement with them and have been making payments of principal and interest since june of this year. the loan is not secured on the home. the home mortgage interest deduction for federal personal income taxes requires [...]

Will a secured loan effect how much I can borrow when remortgaging?

My 82K mortgage has come to the end of a fixed term and I want to remortgage. I have recently taken a 18.5K secured loan. I earn 22K. Will the loan effect my remortgage?Passive Income

What are some Pros and Cons of getting a Secured Loan?

We are getting another car and are getting a secured loan for $5000. I’m still not sure what the point of a secured loan is. Thanks.
I don’t understand why we don’t just take the $5000 cash that we have and just buy the car. If you have a secured loan, do you have to get [...]

Does anybody now of a good data supplier for our call centre we sell secured loans?

We are looking for a good data supplier that has telephone numbers, names, and addresses of individuals that could benefit for a secured loan mainly for debt consolidaation.Repossession

personal loans secured on a house?

i have taken out a personal loan,which was secured on my home,but since then,i’ve sold my flat and moved back in with my parents,but i have not informed the loan company,does this affect me in any way? and what happens when i inform the loan company??Real Estate Professionals

Brokerage that will permit a secured loan be taken with stocks you own as collateral?

i am looking for a reputable Brokerage firm, such as scottrade, fidelilty etc.. that will allow you take out a secured loan against stocks you own as collateral. dont want to sell stocks i owe and instead use as collateral for 12 month loanRent Back

I have a loan secured on my car that I can no longer pay – why won’t they take it as payment?

I have a loan secured against my car that I can no longer pay. I have offered for the creditor to take the car as payment for the loan but they refuse. Plus, I can’t sell the car to get them the money to pay them because they hold the title – are they allowed [...]

Can interest for non-secured real estate loans be tax deductible?

My husband works for a large financial services firm. We are getting a mortgage for our first home purchase through this company and one “benefit” they offer to employees is, if you get a mortgage through the company, they also offer a $2500 or $5000 (your choice) *non-secured* loan for a five year term. [...]

Unsecured vs. Secured Personal Loans?

I currently have an $11,000 credit card debt and the bank suggested I get a personal loan to avoid high credit card interest. Should I get an unsecured or secured loan? I have excellent credit which would help for the unsecured loan. And I do have a nice car for the secured loan… however I [...]