Archive for the ‘Credit’ Category

PostHeaderIcon i own a NBFC,and seek ECB (external commercial borrowing)for infrstructure financing?

ravi s asked:


funds from overseas are requested by a non banking finance company (india). The fund will be used for loan on vehicles.what are formalities , procedure, repayment module,rate of interest and many more relevant to funds.

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PostHeaderIcon What are the “secrets” credit card company don’t want us to know?

coolbreeze44105 asked:


I keep hearing a commercial about a company that claims they can wipe out credit card delinquencies without the customer having to take out loans or even pay the balances. Is this true? It sounds crazy.

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PostHeaderIcon I saw a commercial that said that there were yahoo users that would give personal loans to each other help me?

kim.york asked:


It said that getting small personal loans were difficult to get unless you do the payday loans and they are such a scam!! I tried and all they did was send me from web site to web site and the local ones are a rip off! I need some major help I am disabled and in the process of getting disability ,My boyfriend of 8 years works and makes decent money but due to me being ill he’s had to support both of us.He does’nt have great credit nor do I due to bad divorces.We need $500.00 and can pay it back in 30 days.If anyone knows who does these loans PLEASE let me know.Thank you. Desperate in Florda.You can e mail me or answer in here.bimbo2202002@yahoo.com Thank-you and God bless!!
Thank you for the help however,those are companies loaning money that take credit reports just as a bank and the commercial I saw was for “Yahoo Users”‘ loaning money to each other because of the difficulties of going through a bank. I have the checking account and my other half has the job NOBODY that takes an application for a bank or loan Co.Will approve it..This is why I wanted to find this group of Yahoo Users I heard about..Thank you so very much .Right Now we are about to get evicted and I am very sick and we don’t have relatives to help us.And all local organizations are out of funds until next Month…

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PostHeaderIcon How can your credit score keep you from getting a job?

Martini asked:


I heard on some commercial that a bad credit score can keep you from getting a loan, a car, and a job? How is this possible? Why wouldn’t someone hire you because of your credit score?

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PostHeaderIcon A Rush Card question?

im_tiburon asked:


i saw a commercial a while back for the rush card by russell simmons, as well as a baby phat card, and i never really needed one, but im selling some stuff online and i was wondering specifically if i can use the rush card for getting a paypal account and having all funds from purchases sent to that card?
thanks!

PostHeaderIcon i saw this commercial on tv this morning?

Heather asked:


i know it was a commercial for a payday loan. i cannot remember the name of the website though. all i can remember is them talking about not having to have perfect credit and that you can get money in your bank account by tomorrow and pay less than $100 every 2 weeks. i keep searching the internet but i cant find it. another thing i remember is that the website is something.TV not .COM… anyone know what commercial this is and the name of the website??

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PostHeaderIcon i saw this commercial this morning?

Heather asked:


i know it was a commercial for a payday loan. i cannot remember the name of the website though. all i can remember is them talking about not having to have perfect credit and that you can get money in your bank account by tomorrow and pay less than $100 every 2 weeks. i keep searching the internet but i cant find it. another thing i remember is that the website is something.TV not .COM… anyone know what commercial this is and the name of the website??

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PostHeaderIcon Why is PayDay Loans advertising on CNN?

spc. asked:


These commercials are upsetting. These loan sharks are hurting so many Americans, the ones who need most help. I really hope President Obama takes a long look at our credit, banking and loans and sees that these blood-suckers are responsible for a lot of woes suffered by Americans. Of course, blame always goes to the people, it is their fault, not the sharks’. Do you agree?

Commercial Loans to 65% of Value

PostHeaderIcon Do I have any recourse concerning the bank?

hocfecit asked:


On last Friday I deposited a $1,500 check from a commercial business which is a very solid and respectable business which works closely with a Berkshire Hathaway company. I didn’t realize I had so little funds availalabe. I just forgot. I made 3 transactions totaling $36 beyond available funds over the weekend. Also a charge for $62 came through yesterday which I thought had posted already. Now I’m minus $98 but they paid them because of the pending large deposit. Now I have $165. in fees. I’m going to go in and talk to at least an assistant manager. It really makes me angry, I trust them with my money and they take what they want, when they want. What recourse do I have if any? Over the phone, the person I talked to treated me coldly, condescendingly. I told him I was wondering why I need to use a bank at all, he typed something negative and would not say what. I didn’t threaten I just expressed my dismay at big bank. Your thoughts? I haven’t done this in over 35 years, I’m retired and on limited income. No one can afford this; but for me it is very painful. Also I think it should be illegal for banks to allow transactions when funds are not available. The machine should say no funds available. I think banks set people up that way. And lastly wouldn’t it be interesting to know what percentage of gross revenue is “earned” from overdraft fees and the like?
The check cleared over night.
Last month I had several huge and unexpected expenses which wiped out my “cushion money” which backs up checking as overdraft.
They can’t do anything they want if I don’t use their services. I opened this account to get air miles for NWA. I’m going to let my monies wash through to get those miles and put them in another, more user friendly bank to actually disburse. And I’m going on strict cash only for any personal expenses. I’ve done it before and I can do it again. I’ll finish my course this way! I figure I’ve got maybe 10 years left, I live frugally anyway.
A lot of things are legal that are unethical or immoral.I think this falls in the immoral catagory.Making that much money off a client for a couple days loan is wrong whether they can do it legally or not. What really bothers me is the coldness and disdain shown. Everyone makes mistakes.Even banks. When the bank made a mistake many years ago, they did not give me fees for screwing up my account many hundreds of dollars. But I did get them to call the people and appologize. Thanks to Scooter for giving a kind word which is really what I wanted and needed. That and an ear.

PostHeaderIcon 6) Which of these describes the interest rate at which commercial banks charge each other for overnight loans?

jesus-lives! asked:


Interest per person
Discount rate
Reserve ratio
Federal fund rates OR
Open-market operations

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