Would someone explain to me how, even why they think this is gonna work? related questions

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Would someone explain to me how, even why they think this is gonna work?0Karrie2012-11-06 00:24:31
How did the government bailout to the finance institutions help the economy? What good does it do to throw money back into these institutions, when people are unable/unwilling to apply for a loan for anything! I know I'm not a "brainiac", but wouldn't it have made more sense to give that money to the tax payer? Isn't it ultimately the tax payer that effects the economy? If we aren't spending, manufacturing slows down/stops [i.e., the auto industry, the trailer industries]; if we aren't spending because we can't get a loan [i.e., foreclosure, judgments], why give all that money to lending institutions that are not loaning it back out? Does no one else see the cause and effect here? You give money to lending institutions that aren't circulating the money; you give money to GM and Ford to produce a product that people can't purchase, because the lending institutions aren't lending... Help me out here! I'm not looking for a handout. I don't need to be rich, nor do I want to be. All I want is to be able to pay my bills on time, have some tucked back for emergencies, and some available for other necessary expenses. I honestly believe that is what most American people want. Wouldn't it make more sense to put it out there where it's going to actually stimulate the economy? Most people I know [myself included] would: A. Pay their mortgage to current, or pay it off, which would keep people in their homes and stimulate the lending institutions. B. Pay off any other outstanding debt incurred from this crisis [such as credit card debt], because we couldn't afford to fill the tank plus feed the family. C. Pay cash for a more economic vehicle, no matter what the price of gas is doing at the time being. We've learned a lesson here. That would have circulated the monies for the auto industries. I'm not in any way looking for a handout. I, just like all tax payers, am dealing with this crisis the best way I can, which is going without the things I do not need. I just wish I could understand how the government can justify these bailouts, when, in actuality, it isn't going to be effective one way or the other until the middle class feel comfortable enough to start spending.
Will someone explain how mortgages/loans work?0stanly2012-10-17 01:06:30
Okay, so my girlfriend and I want to buy our first home . We found our dream house in the country for super cheap , is an old house about 2,000 square feet Upon inspection we learned its solid structure, but is in immediate need of new siding and roofing ( estimated $ 15k - $ 20k ) . We are both 20 years old with solid credit . MedlinePlus MedlinePlus What is the difference between a mortgage and a loan ? How do we know if we qualify ? Are we going to give just the amount you need to buy the house , or we can get a larger loan so we can pay for renovations ? Also, my girlfriend has a loan for your car right now that will make a difference? MedlinePlus MedlinePlus If anyone can explain as simply as possible that would be awesome , I have zero experience with any of these things . MedlinePlus MedlinePlus Thank you !
Can someone explain to me how student loans work?0lover4542012-10-15 06:05:28
I know nothing about loans and need some help . I want to go to school Makeup Designory in New York . It cost about $ 15,000 . I'm probably living on my own. ? I can get money to help with the cost of housing and school ? The loan that the school has is Sallie Mae . Can anyone give me some information? Furthermore , I have no credit so how I can get a loan ? How much you get adn how much you have to pay each month ? On the website it says something about the repayment of loans up to 15 years , does this mean that you have to repay the loan in 15 years ? What if I do not? What if you do not have a credible endorsement ? Do they have to be living with you ? MedlinePlus MedlinePlus Thanks for any help you can give me !
Can someone explain how student loans work?0sadie HELP!!!!!!!!!2012-11-06 03:39:18
And really, student financial aid in general. Of course I'm going to speak with the college itself, but it's Saturday night/Sunday morning, and I'm really stressing about this right now. First off, student loans. How does interest on them work? Does the interest accrue starting on the day I get the loan, so that when payments begin six months after graduation, my balance is already greatly inflated? Or does interest start once payments start? How long does it usually take for the student loan process to go through? If I applied for one next month, would I be able to have the money in time to pay for the spring semester? Next, financial aid in general. How does a student starting in the spring get need-based aid? The deadline for the FAFSA was months ago for this current school year, but not every student takes the traditional route and starts in the fall, so is there any way to still get aid for the spring? I know this all probably depends on the individual college/lender/whatever, but can I have some generalizations, please?
Can someone please explain to me how secured loans work?2Online Bus2012-09-08 23:58:02
im 19 and just want to get a small loan to build my credit, so that's all I heared could only make that purchase and get a secured loan against my savings account I have no i dea what that means , how I have to get my savings to get a loan do I have to have more money in my savings account then what the loan is and if I get a loan as small as $ 1,000 and I do not even use the loan money i just have to use the money to repay the loan and therefore you can only build credit is a smart idea MedlinePlus MedlinePlus I'm trying to say is that i just go to the bank up to tell you that I get a loan to build my credit only going to understand what a loan of $ 1,000 home you spend the waiting time until the money month is over and pay the bill with the loan money is that it is a good idea
Can anyone explain how they work out I have to pay this much to clear HSBC loan..?1[email protected]2012-11-03 08:23:02
I had a loan with HSBC in 5 years (60 months ) The loan was for
Refinancing loan vs. a leasing company car loan. Can someone explain how it would work?0Quentin2012-09-25 01:34:03
Right now I have a car loan through Toyota finance for a rental car . My plan is to keep the car at the end of the word . How would it work if I was going to get a car loan through a refinance company ? If I were to get the loan , I just pay the car to Toyota and then monthly payments to the company to refinance ? Does anyone know of any reliable refinancing company ? MedlinePlus MedlinePlus Thanks ....
Please help?!.. How am I gonna pay for college...?0ann grosskopf2012-08-10 19:22:03
I recently applied for financial aid online . My EFC came out to 8873 .. which is considered to be high and is not eligible for Pell (I'm assuming) . However, I go to a community college out of state. I will not be working ... I am claimed as a dependent on my father .. which is partly why the CFE went so high. But considering that people have accounts? ? ? It's not like the money we have sitting around the college .. The school requested is 1 hour away from where I'll be .. any money I have goes to gas and food .. So what I can do to make the school can take this into consideration when deciding what help I could get .... ? and ... What other options we have ? I do not get personal loans that accrue interest ... MORE ugh .. please help!
How much would an international student gonna pay in the US?0kaet2012-10-14 17:09:31
Hi all, I have a small question .. MedlinePlus im currently in high school in Canada and I'm going to graduate this year .. i was thinking of going to college in the U.S. .. California .. probably community college first and then transfer ... MedlinePlus MedlinePlus I have family in the U.S. soo I can stay there .. Soo place to stay, travel costs , clothing costs , the cost of food , the cost of personnel expenses is not a problem ... and books .. i can buy online or rent it for a cheaper price ... MedlinePlus MedlinePlus my question is .. MedlinePlus how much will it cost? ( Subtract the previous units ) MedlinePlus I need to get health insurance in the U.S. ? MedlinePlus is there as you can get a grant to help pay my fees ? if there is not, I can get loan instead? MedlinePlus MedlinePlus thanks in advance ..
Are we gonna lose our home?1que-3席 ≥2012-09-30 23:32:04
They bought a house for $ 350,000, the tax assessment is now $ 308,000 , but the houses are not sold in our neighborhood , not even for $ 200,000. We are about to go 30 days late on our mortgage payment . We've been shooting almost $ 1500/month of our credit cards from September with the hope that we would be able to understand finance and working hours are collected from my husband , but they have not done , what credit means debt is now up to $ 30,000. I have student loans totaling $ 48,000 , the $ 30,000 loan payments directly expires in February ( after 6 months forbearance) and the other $ 18,000 private loan just approved by the patient until October. We have a payment of $ 375 monthly car and a 1 year old . Also got sucked into a timeshare in 2005 , with a capital of $ 9,000 and costs us about $ 180/month . MedlinePlus MedlinePlus SOOOO , what do we do ? We can not afford our lifestyle , but have cut back on all unnecessary expenses , including telephone, cable and internet. We have become the loan documents to assist both our first mortgage holders (80 % ) and second (20 % ) , but those who take 30-45 days to even be prosecuted . Meanwhile, my income has taken a hit $ 300 a month , even though I stopped contributing to my retirment . MedlinePlus MedlinePlus Question: Is there any hope for us ? Or do we have to sit and watch our credit score ( currently 760) fall into hell and our credit report stained with 30 - , 60 - , 90 - day late ... MedlinePlus Should I stop paying credit cards and make payments on the house instead? Which is better in this economy , to stop paying credit cards or stop paying the mortgage ?
I would like to apply for a car loan but i don't really know where to start. That's gonna be my first car.2Lynnie2012-09-30 06:28:04
I know that at the end of the year I will be able to pay that bill . But for now I need money to buy the car before school starts . I'm thinking of buying a used car . Help please.Thank you.
Just got my 2nd dui. Im gonna lose my license so what should i do about my car loan?0Rachezzle2012-10-07 01:08:39
I just got my second DUI and I know for sure my license is gone for a good 1-3 years. I'm renting a Ford Escape through ford. so my question is how to go about removing my car? Do not just take it back to the dealership ? and my second question is how difficult it is to get your license back ?

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