Risk It With A Bridging Loan?
How many times have you been casually going about your business, seen a great property and thought, "that would be a really nice place to live"? Then you snap out of it, knowing you can't lay your hands on the money fast enough. Well what if you really wanted this property? You discussed it with the agent, your emotions got the better of you and you made an offer.
This has to be a fast sale or the vendor will sell it to someone else, what will you do? How will you find the cash at such short notice? Unless you happen to have thousands of pounds lying around in some bank account you forgot about, you're going to have to borrow some money and fast!
Did you expect the financial industry NOT to have a product for people just like you? Of course not. They've thought of everything. The answer is a bridging loan!
A bridging loan provides a temporary window. As is suggested by the name, it bridges the gap between the amount of cash you need now and the amount you currently have. What you earn normally has no bearing on the matter. How much your current property makes on open market again does not come into it. Your bridging loan takes care of your what you need right now.
If you apply for a bridging loan you can buy the property immediately. You will pay it back when you sell your current property. So, you see, you can have the best of both worlds. Just make sure you read the small print. Make sure you're not being charged extortionate amounts of interest. I always make a point of reading the small print, no matter how long it takes.
Usually, a bridging loan will be a short-term loan with a repayment cycle of one week to six months. There should always be a clause allowing the customer to repay the full amount as soon as their current property is sold.
More often than not, a bridging loan uses the customers current property as security. As the customer, you have options. You will generally have the option of securing the loan on both properties or either one of them. This gives you a little flexibility.
These guys usually move fast. The brokers' valuer will assess the property and come up with a figure on which your bridging loan will be based. This figure will depend on many factors. At the top of the list, you'll find the usual suspects: location, number of bedrooms, size and the general condition of the place, to name but a few.
As soon as the valuation is complete, the lender is in a position to advance the cash to the customer. If you choose a good broker this will happen fast. As a rough rule of thumb, expect to be able to borrow up to 65% of the value of the property. Lenders offer as much as Ł25000 to some million pounds on a bridging loan.
Where's the best place to get a bridging loan? Ask your financial advisor and look around, especially on the internet. More and more lenders are coming online these days and there are always some really great deals to be had as lenders try to "out-offer" each other. Get quotes from as many different lenders as you can. Draw up a quick rate comparison sheet to help you decide. You will find that there are many different fee levels for this kind of loan. Sometimes it may be better to pay a little more if the terms are more favourable. Again, always read the small print.
One of the main deciding factors for you will be the speed at which the cash will be forthcoming.Always make this the most important factor in your decision. No point going through all this to be pipped at the post because you were waiting for the money. The whole reason to get a bridging loan is to get instant cash. Choose a lender who specifically states how fast they deliver after signing. You will find many lenders are less than acceptable on this point.
So, a bridging loan can help you out in a tight squeeze. However, there are always two sides to the coin.
Bridging loans are perceived as "higher risk" by most lenders. Interest rates are generally higher because of this and you may find that the one-off charges are also higher than with a conventional loan. Usually because this is the customers' only option and the term is short, the rates will be accepted. The best way to approach a bridging loan is to keep the term short thereby minimising costs.
A further risk when using a bridging loan is counting on your existing property being sold quickly. Should the market drag for you, you will end up paying lots of interest on your bridging loan. This will be your situation until your home is sold.
To conclude, a bridging loan may seem like a great way out and used correctly, it often is. However it is not without it's risks. The risks are very real and deciding to take out a bridging loan should be a measured decision. For these reasons, it's highly recommended that you talk to a good independent financial advisor.
Fabio Marcell is a seasoned contributor to many online andoffline journals specialising in the financial sector. Hehas many years experience in the loans industry and iscurrently sponsoring the following website: http://www.a1-low-interest-loans.info(for web reprints please ensure this URL is hyperlinked)(c) 2005 Fabio Marcell - All Rights Reserved
Inquiries Into Reckless Loans to Taxi Drivers Ordered by State Attorney General and Mayor - The New York Times
Inquiries Into Reckless Loans to Taxi Drivers Ordered by State Attorney General and Mayor The New York Times
The New York attorney general's office said Monday it had opened an inquiry into more than a decade of lending practices that left thousands of immigrant taxi ...
Billionaire Robert F. Smith Pledges To Repay Loans For 2019 Morehouse College Class NPR
NPR's Mary Louise Kelly talks with American University professor Ibram X. Kendi about billionaire investor Robert F. Smith's pledge to the Morehouse College ...
Robert F. Smith Vows to Pay Student Loan Debt at Commencement '19 Bloomberg
Billionaire Robert F. Smith stunned students at Morehouse College when he vowed to pay off the student loans of every member of the class of 2019.
Regulator tells banks to watch out for leveraged loans Yahoo Finance
The Office of the Comptroller of the Currency, one of the nation's top banking regulators, is telling bank boards and management to monitor their relationships in ...
Billionaire philanthropist shocks Morehouse grads by promising to pay off loans ABC News
While most commencement speakers offer words of encouragement to college graduates headed into the cold and cruel work world, billionaire philanthropist ...
The tax-smart way to loan money to family members MarketWatch
You may want to help a young family member buy a first home or help a financially challenged relative or friend by loaning that person some money.
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money - The New York Times
As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money The New York Times
The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.
Why This 1 Common Issue for Business Loans Isn't Actually a Big Deal Inc.
Small business owners always want to avoid this, and they shouldn't.
My family will pay off your loans, billionaire tells graduating students â video The Guardian
Robert Smith, a billionaire investor, surprises students at Morehouse College in Atlanta, Georgia, by using his speech at a commencement ceremony to pledge ...
Billionaire pays off loan debt for hundreds of students CNN
Morehouse College seniors got a surprise when billionaire investor Robert F. Smith announced during his commencement speech that he would pay off the ...
Is There a Statute of Limitations on Student Loans? NerdWallet
Federal student loans have no statute of limitations, but private student loans do. Once it passes, a creditor can't sue you, but your loans don't go away.
Is a college degree worth owing thousands in student loans? KXAN.com
Americans now owe more than 1.5 trillion dollars in student loan debt. That's more than we owe on our cars, credit cards and second only to mortgage debt.
NY Morehouse Grads React to Having Students Loans Paid NBC New York
A billionaire philanthropist agreed to pay off the student loans for the entire graduating Morehouse College class of 2019 â totaling about $40 million. NBC 4 ...
Morehouse College graduates cheer after billionaire pledges to clear their loans Idaho Statesman
The class of 2019 at Morehouse College received a commencement speech to remember on May 19 when billionaire Robert F. Smith announced his family ...
Louvre struggles to gain loans for Leonardo show Art Newspaper
High-level diplomacy is being used to secure the artist's most important works for blockbuster anniversary show in Paris.
U.S. is stepping up enforcement of delinquent student loans Los Angeles Times
The U.S. collected $3.3 billion of delinquent student debt in the first half of this fiscal year. That's up from $2.9 billion in the full year before.
US billionaire clears 400 student loans BBC News
Robert F Smith made the commitment to graduates at Morehouse College in Atlanta, Georgia.
Oprah Schools Instagram Hater With Receipts After Student Loan Diss HuffPost
Besides pretending to know the lyrics to every Mariah Carey song, Oprah Winfrey will always be remembered for her seemingly unending generosity. In just the ...
Philippines Prefers China Loans Over U.S. âStrategic Confusionâ in South China Sea Bloomberg
The U.S. is projecting âstrategic confusionâ in the South China Sea, the Philippines' top diplomat said, prompting the Southeast Asian nation to deepen its ties ...
Consumer tip: How to handle student loan debt Marin Independent Journal
One of the major types of debt many consumers carry are student loans. An inability to repay student loan debt may prevent people from purchasing homes or ...
Surprise! Compton Student's Loans Paid Off NBC Southern California
A billionaire commencement speaker made a stunning promise -- to pay off the graduating students debt. Now a Compton student at Morehouse, more than ...
Cleveland City Council targets $200,000 toward loan program to jump start new small businesses - cleveland.com
Cleveland City Council targets $200,000 toward loan program to jump start new small businesses cleveland.com
The city will partner with the non-profit organization Kiva Microfunds to help make startup loans to as many as 60 small businesses over the next three years.
How Do Loans Work? | US U.S News & World Report Money
Taking out a loan can help you in the short term, so be smart about how you pay it back so you don't have to worry about debt in the long term.
Forest Park man's student loan debt to be paid off by tech billionaire WKRC TV Cincinnati
FOREST PARK, Ohio (WKRC) - On Sunday, billionaire Robert Smith made a pledge to Morehouse College's graduating class during his commencement ...
Attorney General Brnovich Sees No Need To Regulate Arizona's High-Interest Loan Business KJZZ
While consumer advocates circulate an initiative banning predatory car title loans, Arizona Attorney General Mark Brnovich appears to be siding with another ...
Morehouse College grad shares plans after loan debt paid CNN
Morehouse College graduate Elijah Nesly Dormeus explains what billionaire investor Robert F. Smith paying off his student loan debt means to him.
Billionaire tells grads he'll pay off their student loans Reuters.com
Billionaire Robert F. Smith, this year's commencement speaker at Morehouse College, told the graduating class he's paying off their student loans. Rough Cut ...
Sanders and AOC want to cap credit card interest rates with the Stop Loan Sharks Act Vox.com
Cheaper (but scarcer) credit cards and the end of payday loans.
VA loan series: VA vs FHA vs USDA | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
VA loan series: VA vs FHA vs USDA | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
VA loan *service* requirements are important when it comes time to get a VA mortgage. Depending on your *service* status it's possible to avoid funding fees.
Your money: Cosigning a student loan? Be prepared to pay Reuters
(This May 16 story corrects 10th paragraph to clarify that 96% of cosigns are for undergraduate loans.) FILE PHOTO: Messages and artwork are pictured on the ...
Borrowing from your 401(k) is easy. But should you really break open that piggy bank? USA TODAY
Nearly 3 in 10 Americans dip into retirement savings, says Transamerica. It pays for higher education, lowering debt and covering medical costs.
When you play the Game of Loans, you pay either way MarketWatch
Money and life lessons we learned from 'Game of Thrones'
Ex-Credit Suisse banker pleads guilty to U.S. charge over... Reuters
A former Credit Suisse Group AG banker pleaded guilty on Monday to a U.S. charge that she helped launder money from a kickback scheme involving $2 billion ...
CFPB Chief Says Education Department Is Blocking Student Loan Oversight NPR
The Consumer Financial Protection Bureau's Kathy Kraninger says the department is getting in the way of efforts to police the student loan industry.
Elizabeth Warren: Let Student Loans Be Discharged In Bankruptcy Forbes
Will you be able to discharge your student loans in bankruptcy? Elizabeth Warren hopes so. Here's what you need to know. The Student Borrower Bankruptcy ...
Students and their families need support systems before they're saddled with college debt CNBC
State and local governments need to find the resources to help families make smarter financial decisions about college during children's high school years.
How one woman used minimalism to pay off $50,000 in student loans in 2 and half years NBC News
By looking at minimalism as a lifestyle instead of a sacrifice, Jennifer Chan paid off $50000 in loans in a few short years.
One way to tackle the student loan crisis: bankruptcy court The Washington Post
Why is student loan debt treated differently than all other consumer debt?
Student Loans Paid Off for Morehouse Class of 2019 Wall Street Journal
Robert F. Smith, keynote speaker for Morehouse College's commencement ceremony, said he would pay off the college debt of the class of 2019, approximately ...
How New York taxi drivers were conned and bankrupted by medallion loan sharks Boing Boing
I don't think I could concoct a more predatory scheme if I tried. This was modern-day indentured servitude.â That's what Roger Bertling, the senior instructor at ...
Student-loan borrowers are using their vacation days to pay off their debt MarketWatch
This new employee benefit lets workers trade in their paid time off.
'Warren Buffett' Isn't Shorting Bitcoin: New Crypto Loan Report Concludes Bitcoinist
Bitcoin is used less for speculation than altcoins and naysayers like Warren Buffett are not shorting BTC, a new report conclues.
Trade Battle Poses Risks for Junk-Loan Machinery The Wall Street Journal
The recent escalation of U.S.-China trade tensions is threatening to cut short a nascent recovery in the market for collateralized loan obligations.
Behind on bills? A new personal loan will help, TransUnion study says USA TODAY
One counter-intuitive way to help someone who's fallen behind on bills is to give them another loan, according to a new TransUnion study.
They Live Here Legally, But The Trump Administration Wonât Give Them Housing Loans - BuzzFeed News
They Live Here Legally, But The Trump Administration Wonât Give Them Housing Loans BuzzFeed News
The government is denying federal housing loans to young immigrants with DACA status, even after Ben Carson said it wasn't happening.
How Long Do You Have to Pay Off Your Student Loans? Yahoo Finance
Old-style student loans have set periods in which you have to get your loan repaid, but newer loans have specific time limits after which any remaining balance ...
Education Department hinders policing of student loans, consumer agency says POLITICO
The head of the Consumer Financial Protection Bureau says the Education Department is impeding access to information that regulators need to oversee the ...
WH applauded for taking initiative re: student loan crisis OneNewsNow
The Trump administration appears to be stepping up to do something about the wildly expensive, out-of-control student loan crisis.
Whatâs Scarier Than Student Loans? Welcome to the World of Subprime Children The New York Times
Income share agreements sound like a better deal than today's student loans, but what will they do to society?
U.S. Stepping Up Enforcement on Delinquent Student Loans Bloomberg
Your rich Uncle Sam is calling in his chips. The U.S. government stepped up collections on delinquent student debt to $2.9 billion last year -- or an average of ...
Congress grapples with loan forgiveness program Politico
Student debt surprise at Morehouse â Sanders takes on charter schools.
Hereâs what Pete Buttigiegâs new financial disclosure says about book deal, student loan debt - Indianapolis Star
Hereâs what Pete Buttigiegâs new financial disclosure says about book deal, student loan debt Indianapolis Star
Democratic presidential hopeful Pete Buttigieg has lots of student loan debt and received a $75,000 advance for his political memoir, according to a financial ...
Bernie Sanders: 'Exploitative' payday loans in Wisconsin average 574% annual rate PolitiFact
Ramping up his latest push for the White House, Bernie Sanders is taking aim at high interest rates on credit cards and payday loans. The Vermont senator ...
Elizabeth Warren calls Navient âscammersâ after student loan giant celebrates making the Fortune 500 - MarketWatch
Elizabeth Warren calls Navient âscammersâ after student loan giant celebrates making the Fortune 500 MarketWatch
The company is facing multiple lawsuits from the CFPB and states attorneys general.
Federal Student Loan Interest Rates Decrease For New Borrowers In 2019 - 2020 Forbes
For the first time in three years, the interest rates on Federal student loans will decrease anywhere from seven to ten percent depending on the loan type.
More states pass student loan servicer laws Politico
Education groups pan White House cut to Pell surplus â House Veterans Affairs Committee tackles school closures.
Thinking of cosigning a student loan for your child? You might regret it CNBC
As the cost of college rises, more parents are cosigning private loans for their children's education. That move can leave them on the hook for the debt if their ...
Malaysia Turns to Property Crowdfunding as Banks Reject Loan Applications Bloomberg
Malaysia's government is turning to the wealth of the masses, instead of reticent banks, to help solve a $4.8 billion property overhang.
Interest-only loan growth: A harbinger for recession? | TheHill The Hill
Interest-only loans are on the rise, which has some analysts spooked that the economy is already trending toward a recession. If only it were that easy to foretell ...
Surging Auto Loans Help Fuel Rise in American Household Debt Bloomberg
The auto loan has flourished among American consumers over the last two decades, with its prevalence among the U.S. population rising each of the last seven ...
Find out if you qualify for a student loan debt forgiveness program KTRK-TV
Consumer Reports say there may be relief ahead if you qualify for a student loan forgiveness program.
Martin Lewis issues loans WARNING and advises where to get the best loan rate now Express
Last summer, Catherine thought she was doing right by using a credit reference agency's eligibility tool, to find a cheap loan for ÂŁ1,000, "It came up saying, 'you ...
Parents Owe $89 Billion In Student Loans - Here's What To Do About It Forbes
When you think of your golden years, you think of rest, relaxation, travel and the good life. The last thing on your mind: student loans. Yet, for millions of ...
Loan program milestone: RGV-pioneered franchise reaches 50000 mark Brownsville Herald
The Community Loan Center, an employer-based, small-dollar loan program pioneered in Brownsville in 2011 and now franchised around the United States, ...
Robert Smith Forgives Student Loan Debt for 400 Morehouse Graduates Fortune
It was a commencement speech for the ages: The private equity billionaire's gift is worth $40 million.
VA Home Loan Secretly Ripped Off Veterans By $150 Million DisabledVeterans.org
For the past five years, the VA Home Loan program has knowingly withheld $150 million in refunds for certain disabled veterans. A special investigation by my ...
It could become easier for people with student debt to file for bankruptcy CNBC
Lawmakers could make it easier for student loan borrowers to cancel their debt in bankruptcy. The bill, which is supported by 14 Democrats, one Republican and ...
Consider these â5 Câsâ before applying for a bank loan for your small business Philly.com
A traditional bank loan remains a popular way to borrow because they are cheaper and come along with other helpful services like online banking and cash ...
Lawmakers weigh state borrowing to help college grads pay off loans Press Herald
AUGUSTA â Lawmakers are once again exploring avenues to use student loan forgiveness and zero-interest loan programs as a way to simultaneously ...
New bill links 401(k) matches to student loan payments InvestmentNews
A bill that includes a provision to make it easier for companies to contribute to the retirement accounts of employees who are paying down student debt was ...
Top Finance Dem offers bill to help those repaying student loans save for retirement | TheHill - The Hill
Top Finance Dem offers bill to help those repaying student loans save for retirement | TheHill The Hill
Sen. Ron Wyden (D-Ore.), the top Democrat on the Senate Finance Committee, on Monday introduced a bill aimed at making it easier for those with student loan ...
As Solar Loans Start to Dominate, Loan Providers See Increasing Value in Installer Networks - Greentech Media News
As Solar Loans Start to Dominate, Loan Providers See Increasing Value in Installer Networks Greentech Media News
As a result of the ITC stepdown, solar loans will increasingly start to look like regular consumer loans.
Income-based repayment is the best solution to student debt Quartz at Work
Here's the problem with student debt: It's only a problem for some people. Americans of all ages owe almost $1.5 trillion in student loans and so many Americans ...
Teachers Begin To See Unfair Student Loans Disappear NPR
Nearly 2,300 teachers have just had a mountain of student loan debt lifted off their backs, according to previously unreleased figures from the U.S. Department of ...
bharatpe: BharatPe lines up loans for merchants Economic Times
It is also planning to apply for its own lending licence to lend to merchants who are accepting payments through BharatPe QR codes.
6 Ways a Personal Loan Can Benefit You Student Loan Hero
Personal loans are a versatile financial product. You can use your funds to afford a big purchase, consolidate debt or handle a hefty bill. See other ways a ...
Millennials struggle under the burden of student loans CBS News
Taylor Smith graduated college with 11 student loans and $53000 in debt.
RI treasurer's small business loan program expands Turn to 10
Rhode Island Treasurer Seth Magaziner's small business loan program is expanding. Magaziner says his âBankLOCALâ initiative now includes two new banks, ...
'Quite remarkable': Consumer watchdog says Department of Education is obstructing student loan oversight - Yahoo Finance
'Quite remarkable': Consumer watchdog says Department of Education is obstructing student loan oversight Yahoo Finance
The Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger may have been blasted for her bureau's poor oversight of predatory student loan ...
Former Greg County GOP chair admits to using loan documents with forged signatures to obtain $145K - KLTV
Former Greg County GOP chair admits to using loan documents with forged signatures to obtain $145K KLTV
An East Texas businessman admitted to using loan documents with forged signatures in order to get personal and commercial loans for a total of $145000 from ...
What Is a Business Working Capital Loan? U.S News & World Report Money
For small businesses, working capital loans can fund short-term needs and unplanned expenses that cash flow can't cover.
To boost equity, give public loans to pot startups The Boston Globe
Sonia Chang-DĂaz's amendment would move Massachusetts closer to reaching its goal of a truly equitable cannabis industry.
Warren, Nadler introduce bill to allow student loan borrowers bankruptcy relief | TheHill - The Hill
Warren, Nadler introduce bill to allow student loan borrowers bankruptcy relief | TheHill The Hill
A bipartisan group of lawmakers on Thursday introduced legislation to make bankruptcy relief available for student loan borrowers. Sens. Elizabeth Warren ...
How the student loan 'grace period' can actually make your debt problem worse CNBC
The student loan âgrace periodâ is a six- to nine-month reprieve from having to pay back your loans that starts from the time you graduate or drop below half-time ...
With this kind of debt, you can kiss your sex drive goodbye CNBC
People dislike their auto loan payments, but there are ways to slim down the amount of debt.
Zimbabwe must prove itself before seeking World Bank loans | TheHill The Hill
Zimbabwe's authoritarian government is working with World Bank staff and outside powers to get the creditors to clear billions in arrears and restart loans.
Tesla rolls out employee loan benefit as factory workers cope with unpredictable hours CNBC
Tesla has rolled out a new benefit for its workers: employee loans, facilitated through the London-based financial tech start-up Salary Finance, and funded via its ...
Morehouse College commencement speaker pledges to pay class off 2019's student loans KOMO News
A billionaire technology investor and philanthropist says he will provide grants to wipe out the student debt of the entire graduating class at Morehouse College ...
Household debt hits $13.6 trillion as student loan and credit card delinquencies rise - Yahoo Finance
Household debt hits $13.6 trillion as student loan and credit card delinquencies rise Yahoo Finance
Total U.S. household debt is now $993 billion higher than the peak of $12.68 trillion in the third quarter of 2008, according to a new report by the New York Fed.
Revisiting small loans rules crucial to maintaining access to credit for vulnerable consumers | TheHill - The Hill
Revisiting small loans rules crucial to maintaining access to credit for vulnerable consumers | TheHill The Hill
The truth is that millions of Americans would be worse off without access to small-dollar loans.
Hibs announce departure of 17 players after loans and contracts end Edinburgh Live
The club also confirmed details of the first pre-season friendly of the summer.
Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years - WOLF STREET
Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years WOLF STREET
Serious auto-loan delinquencies â 90 days or more past due â jumped to 4.69% of outstanding auto loans and leases in the first quarter of 2019, according to ...
Facing retirement with parent student loans? Transfer them to the kids Los Angeles Times
It's not wise to use retirement funds to pay down student loans taken out on behalf of your children. Consider refinancing the debt so that the graduate can take ...
HELOC: Understanding Home Equity Lines of Credit NerdWallet
A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home. You can draw from a home equity ...
Starbucks, Mercon announce separate sustainability loans Reuters
NEW YORK (Reuters) - Starbucks and Mercon Coffee Group separately announced sustainability-focused loan facilities on Monday, signaling the coffee sector's ...
Student loan forgiveness: millennials deserve a break from boomers like me Vox.com
Boomers like me who paid off all of our student loans need to give millennials a break.
New initiative drive would ban high-interest title loans in Arizona Arizona Daily Star
Auto title loans can carry an annual percentage rate up to 204 percent a year.
Elizabeth Warren Wants to Cancel Student Loans. Critics Wonder if Thatâs the Right Solution. - The New York Times
Elizabeth Warren Wants to Cancel Student Loans. Critics Wonder if Thatâs the Right Solution. The New York Times
While many borrowers welcomed a one-time loan clearance plan, it also raised long-simmering questions about the cost and quality of college.
How Do Student Loans Affect Your Credit Score? Student Loan Hero
Americans owe more in student loans than they do on credit cards, but how does that debt impact the rest of their financial lives? If the day comes when you want ...
Quick Cash Advance Payday Loan - Get it Free or Cheap
If you are looking at getting a payday loan or a cash advance loan, you probably already know that one of the main drawbacks to getting one of these types of loans is that the fees can be so high.The positive side of getting a payday loan or a cash advance loan is that they are so convenient.
Bridge Loans: Everything You Wanted To Know
As the name implies, bridge loans fulfill a vital need for active developers by giving life to a new project in the months before lenders feel confident enough to make available a construction loan, or a repositioning loan in the case of an existing project. But real estate bridge loans have other uses, both tactical and strategic, that make them indispensable in today's New York marketplace.
When the Bank Says NO!
Factoring has been practiced for centuries. The Romans sold promissory notes at a discount as did the Phoenicians.
Guide to Secured Loans
Here is a useful guide to secured loans. A secured loan is a loan that a lender provides on the understanding that a property is secured against the loan.
What is Credit Insurance?
Are you wondering what is credit insurance? Very simply, credit insurance is an insurance policy that protects a loan on the chance that you are unable to make the repayments. The next time you have occasion to apply for a loan or mortgage, you will be asked if you want to buy credit insurance, or it might already be included in your loan proposal.
Secrets & Benefits of Secured Loans
Borrowing money has become more and more popular in the UK over recent years, and this is partly due to the fact that it has become far easier to borrow money. The rising popularity of consumer finance has also been aided by the wide variety of deals and the low interest rates available these days.
Car Loans After Bankruptcy - How Poor Credit or a Recent Bankruptcy Can Affect Your Loan Approval
If you have poor credit or a recent bankruptcy, you can still get approved for an auto loan through sub prime lenders. Sub prime lenders specialize in financing auto loans to people with adverse credit.
Wedding Loans Because Wedding May Be Made In Heaven But They Are Certainly Not Made For Free
Wedding loans because wedding may be made in heaven but they are certainly not made for free.The one day that encompasses the glamour, the thrill, the dreams, the nervousness, the apprehension, the happiness and the most profound feelings of your life is the wedding day.
Secured Business Loans - Equipping Your Business Blueprint With Concrete Groundwork
Somebody once said, 'Business is not financial science; it's about trading, buying and selling. It's about creating a product or service so good that people will pay for it.
A Guide to Debt Consolidation Loans
Should you find yourself overcome by debt, you might want to consider debt consolidation loans. These loans are designed with the person in debt beyond their means in mind, allowing for repayment of the outstanding debts while combining multiple payments into a single affordable monthly payment.
A Guide to Finding Home Owner Loans
If you're in the process of trying to find home owner loans with a good interest rate and acceptable terms, you'll likely find that there are a variety of options available to you. As long as you have sufficient equity in your home to secure the home owner loans that you apply for, you're likely to be able to find a loan to meet your needs regardless of your credit rating.
Secured Holiday Loans- Your Chance To Unwind Your Senses
"All work and no play makes jack a dull boy".The phrase sounds more as a cliché, having been used innumerable times right from the time it was coined, but has a vital message enclosed within itself.
Are You Ready for Your Students Student Loans?
Your son or daughter is a high school senior and your worried about the coming year, and more importantly, the coming student loans? College has become so important in your children's future that parents have begun to plan for it at their child's birth. But, not all of us, as new parents thought that far ahead or could afford too.
How To Reduce Your Payments
Are you paying out too much every month for your credit cards, store cards and loans?If each month you have far too many payments to meet and you cannot see a solution to your problem then why not replace them all with one, lower, convenient repayment through a debt consolidation loan?Debt consolidation loans can give you a fresh start, allowing you to consolidate all of your loans into one - giving you one easy to manage payment, and in most cases, at a lower rate of interest.If your objective is to reduce interest rates and lower your monthly payments, avoid bankruptcy, consolidate your bills and have one monthly payment, or simply get out of debt the fastest way possible, then a debt consolidation loan could provide the answer.
Holiday Personal Loans - When the Traveller Within You Wants to Break Free
If you are a traveller by heart then perhaps every holiday you wait for a chance to fly away somewhere around the world. The world is full of so many cultures and colours.
Beware of some Get Cash Now Vendors
Some weeks it feels like you're living hand to mouth. If you could just get cash now, all your problems would disappear.
Government Loans for Beginners
Government loans are those that the government of a country provides to the citizens of that country in order to fulfill there needs and for their uplfitment or betterment. This helps in reducing the wide gap between the rich and the poor and streamlines the economy of the country.
High Risk Personal Loans - Revive Frustrated Loan Hunting Attempts with High Risk Loans
Bad credit seems like an unfinished business, you can't shake it off, and you can't move on without putting it away. Unfinished business is meant to be finished.
To Be Mr. and Mrs. Sometimes You Need Wedding Loans
The conception of wedding has changed over the years. Its conception, its configuration, the way it is planned - all have changed through the past times.
A Beginners Guide to Online Loans
If you're just beginning to look at online loans, you might feel that you're getting in over your head.Online loans have been growing in popularity in recent years, due in no small part to the ease and convenience of being able to apply for online loans from the privacy and convenience of your home at any time of the day or night.
|home | site map|
|TIGER MEDIA© 2006|