Category: Loans
Loan Underwriting Process
Finance KarmaDec 20, 2016
Loan Underwriting Process When a person applies for a loan, he is termed to be an endorser or applicant of the loan. A person or organization who lends the loan is known...
Cosigner Responsibilities
Finance KarmaDec 20, 2016
Cosigner Responsibilities You are in urgent need of a loan, but due to a bad credit history or no credit history at all, the loan granter requires you to get a cosigner...
APR Vs APY
Finance KarmaDec 20, 2016
APR Vs APY Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it. ― Albert Einstein...
Borrowing Against 401(k)
Finance KarmaDec 20, 2016
Borrowing Against 401(k) The 401(k) plan is a type of retirement plan that meets the requirements of Internal Revenue Code Section 401(a) and the Employee Retirement...
Private Money Lending
Finance KarmaDec 20, 2016
Private Money Lending Individuals, who have a great deal of money at their disposal, may specialize in lending it to the people who find it hard to qualify for loans...
What are Residential Hard Money Loans
Finance KarmaDec 20, 2016
What are Residential Hard Money Loans Hard money loans are a popular way of financing in those areas where traditional lending companies are hesitant to step in. This...
What is a Subprime Loan
Finance KarmaDec 20, 2016
What is a Subprime Loan A subprime loan means lending an amount below the ‘prime’ rate of interest to people with low credit ratings. Thus, it is given to...
How to get Small Loans and Grants for Women
Finance KarmaDec 20, 2016
How to get Small Loans and Grants for Women When a woman starts a business of her own, she may have to face many challenges. The act of balancing family and employment...
Sources of Consumer Credit
Finance KarmaDec 20, 2016
Sources of Consumer Credit Credit occupies a prominent place in commercial affairs, undertaken by many people. It provides an opportunity to avail the benefit of...
What is an Auto Title Loan
Finance KarmaDec 20, 2016
What is an Auto Title Loan An auto title loan is taken on short term; generally, for not more than 30 days. It is secured by using the title of your car. This your...
