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With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
Let’s say you currently pay $1,800 per month for your home loan with a 7.75% interest rate, with $250,000 and 25 years left on your mortgage. Here’s how your existing mortgage would compare to ...
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.
Consider the following tips to avoid potentially damaging scams. 1. Unrealistic guarantees for approval. One of the easiest ways to spot a loan scam is the promise of guaranteed approval.
Streamline refinancing reuses the original paperwork from a home loan, allowing someone to refinance the property before private mortgage insurance or insurance rates rise. The FHA streamline refinancing program requires no repairs be made to the property except for the removal of lead-based paint. [6]
RoadLoans is a direct-to-consumer auto lender operating online and specializing in subprime auto loans. Established in 2000, RoadLoans finances and services new and used car loans as well as offering auto refinance options. [1] The Dallas-based company is a provider of subprime auto loans in the United States. [2]
You can refinance a home equity and, with rates currently in decline, now might be a good time to do it. Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan ...
A fraudulent loan, however, is one in which the borrower is a business entity controlled by a dishonest bank officer or an accomplice; the "borrower" then declares bankruptcy or vanishes and the money is gone. The borrower may even be a non-existent entity and the loan is merely an artifice to conceal a theft of a large sum of money from the bank.