UK - Can I secure a loan against savings? Can I use money/savings as collateral? related questions

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UK - Can I secure a loan against savings? Can I use money/savings as collateral?1Naviva2012-09-06 12:21:05
I look forward to getting a loan
Is my savings in my online savings account safe from the subprime loan shakeout?1chima2012-10-09 04:51:07
I have two online savings accounts ( with two independent banks ) earn much interest (5 % +) . Each account has significant U.S. dollar . I am concerned about the situation of subprime loan .. and I was wondering if any of the two banks that I have my money could be in danger of collapsing . Any body have input on this issue ?
I have a ten year savings plan, am I able to secure a loan against it.?0August2012-09-02 20:20:03
I have a ten year savings , I have to get some money rather sharpish but not pay the
Should i pay off my car loan if i have money in savings?2kk062012-08-19 03:55:02
I recently changed my Wrangler for a new F -150. I put 10k down, and the loan is around 23,000. I have enough savings to pay the loan before this time , but doing almost depleted my savings. Is it a better idea of ​​paying the loan at this time and then put the monthly payment back into my savings account or pay half of the loan and monthly payments end ? Or is there a better method ?
Should we take money out of our savings?1Flaming Spaz 2012-09-07 09:22:04
Ok , a little background information : MedlinePlus MedlinePlus My husband and I have been married just over a year. We have $ 2,500 in monthly expenses and $ 19,400 in emergency savings ( $ 7,400 of which is a savings account to start saving for a down payment on a house ) . We have total debt of $ 12,800 ( the loan $ 7500 $ 5300 my students and car loan ) . Between saving for a home , pay our debts and saving for an emergency fund , we are together spending about $ 1,670 a month. MedlinePlus MedlinePlus The other day my husband proposed to take money out of our savings and pay off all our debt right now. This would leave us with $ 6,600 in emergency savings , and no domestic savings . Then we make $ 1,670 per month to rebuild our emergency fund , which would be about $ 20,000 after 8 months. After that , we would rebuild our savings by keeping the distance home $ 1,670 a month , MedlinePlus MedlinePlus I support completely get out of our debt , especially with it being so small as it is now . What worries me is having so little emergency savings . I have always afraid something will happen that forces us to drop $ 2k - $ 3k at a time ( as when needed unexpected surgery last winter ) , and then we'll have to spend a few months trying to get going , then we to be put back in our own home . MedlinePlus MedlinePlus I'm interested in the opinions of others on how to go about this plan. I love to get out of debt . I have fear of having small savings . What you do this if you were me ? Can there be a change / compromise that meets both of our needs ?
Should I pay off Car or keep money in savings?1Lyndzey2012-09-28 18:02:02
I saved $ 16,800 in my savings . I am a single mother working and living on my own and basically live pay check to paycheck. The remaining balance of my car loan is $ 12,900 with an interest rate of 6.6 % . The payment of the car loan and not have a car payment would help me a little each month . If you were me , would you take money out of their savings and only pay your car loan , or bite the bullet and keep the money in the savings account and do not touch it ? Your advice would be SO appreciated, thanks :)
If I have $10,000 in my savings account can i take out a a $10,000 secured loan on my savings account?1Tha2012-08-23 17:57:02
If I have $ 10,000 in my savings account I can get $ 10,000 loan aa protected in my savings account ?
Can I do an FHA refinance with no money in savings?0Joanna2012-11-05 10:44:43
My husband and I are trying to refinance our mortgage. It would be a 30 year FHA loan. Does anyone know if you can do an FHA refinance with no money in savings? We are currently living almost check to check right now. My husband had a salary decrease last year along with weeks off unpaid (due to slow business) and we went straight through our savings covering the lost wages. We are hoping to build it back up this year now that his regular salary will back soon.
What is the best way to handle debt, put money into savings?1!!!2012-09-14 05:50:03
This debt is what I have: MedlinePlus Student Loan - MedlinePlus [email protected] % Mortgage - MedlinePlus [email protected] % Car1 - [email protected] % Car2 - 4k @ MedlinePlus 3% MedlinePlus Currently, I have about 5km from savings earn 3% . My question is . With my tax return and other income available each month , what should I do with it . Is it better to pay my debts . My thought is that my mortgage and student loans is tax deductible , so why pay out , and my car loans are interest rates so low, why pay ? I have no credit card debt , so we 're putting all my money in savings earn 3% the best thing to do ? Or should I pay / off some of my debt ? My student loan is a loan to 20 years , so that sucks , but again, it is tax deductible , and a low interest rate . Any advice is appreciated vision.
What should I pay off first? Student Loans or Car or keep as much money in savings as possible?1Aldrich2012-10-02 02:19:02
I owe about $ 65,000 in student loans and most of my current monthly payment goes to interest. I owe about $ 8k in my car with a very low interest rate . I know I should probably pay my student loans as soon as possible but wonder if in this economy with the labor market , since it is the most logical thing to save as much money as possible into savings ? I'm working , but what if I lose my job or be fired ?
Does anyone know of a cash advance place that will loan you money with only a savings account?5Dicky2012-09-25 01:31:02
I want to get a cash advance , but all I have is a savings account , does anyone know of a place to lend me money without a checking account
What is the best type of savings account for saving money for a car?3ursie2012-11-03 00:57:02
I want to save money for a car payment, you can afford to put about $ 200 a month in this account , plus any extra money left over after bills and personal expenses . Is it a good idea to open an account you already have accounts ? For example , I have a credit card from Capital One I've had for 8 months, never a late payment, never over the limit , always pay the balance in full at the end of the month . So I open my savings account with Capital One so they can see that I have a good story and savings with them when I'll try to ask my car loan ? MedlinePlus MedlinePlus If it helps , currently make $ 1,698 a month and have had my primary checking account at Chase for 4 years . My credit is not so great , but I have no active payment plans with all my bad debts . MedlinePlus MedlinePlus Thanks in advance for the advice .

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