Posts Tagged ‘would’

Bill Would Limit Using 401(k)s For Loans

Monday, May 23rd, 2011

Bill Would Limit Using 401(k)s For Loans
Workers will be limited in tapping their 401(k) plans for loans under legislation designed to counter the erosion of retirement assets
Read more on BusinessWeek

Bill Would Limit Workers’ 401(k) Plan Loans
Workers might be limited in using their 401(k) plans for loans under a Senate bill aimed at curbing the erosion of retirement assets
Read more on BusinessWeek

Do universal default clause apply to auto/car loan? If I get a auto loan, would the lender raise rates if we?

Saturday, August 28th, 2010

Question by Kim: Do universal default clause apply to auto/car loan? If I get a auto loan, would the lender raise rates if we?
go default on mortgage? We are going thru short sale/foreclosure situation and stopped paying mortgage for a month now. Would a car loan lender raise rates based on our mortgage default? Or is the loan rate fixed for the terms of the loan?

Best answer:

Answer by bdancer222
Only credit cards have universal default clauses. If you are late paying the mortgage or car loan, the credit card company might just kick in the universal default. But your mortgage and car loans are installment loans with set interest (or at least rules for adjustable rate increase) that don’t include universal default clauses.

What do you think? Answer below!

Do you know of any celebrities that would be willing to finance my graduate school education?

Monday, June 28th, 2010

Question by Fallaya: Do you know of any celebrities that would be willing to finance my graduate school education?
I know that sometimes Oprah or other celebs like to take on “charity cases”, and I was wondering if any of you knew of other celebs that might be willing to “sponsor” my graduate school education. I cannot take out any student loans, and I do not qualify for Pell grants or TAP grants. Serious answers only please!!

Best answer:

Answer by honey_love0201
OK, first you have to see why you do not qualify for any types of grants. Almost everyone is excepted for some sort of financial assistance before any celebrities or anyone else steps up to the plate. See why you do not qualify for any Pell grants or TAP grants

Add your own answer in the comments!