Tag Archives: street
Online Guaranteed Loans Up To $10,000 Available
The news out of Wall Street and Washington is getting worse every day. It seems that our country is headed in a downward cycle financially, and it affects everyone – not just those who own stocks and bonds. The common man on Main Street is feeling the pinch too, as creditors lock up their vaults and hold on to their money, waiting to see what is going to happen next in the financial crisis. There are lenders, however, that offer online guaranteed personal loans for those who qualify.
Lenders Willing To Take A Chance
You may be hesitant to believe that there are lenders who are loaning money right now, but it is true. These lenders are doing business online where they literally have thousands of customers. This means that they have more business than the banker down the street who is refusing to write any new loans during the financial crisis, and thus they have more money to loan. These lenders have a confidence in the ability of the economy to correct itself – and they are willing to take a chance on you.
Loans Of $10,000 Or More
You can obtain an online guaranteed personal loan in amounts up to $10,000 – more in some cases depending on your income and ability to repay the lender. There are a myriad of purposes you may have for cash now in these hard economic times – perhaps you are falling behind on your mortgage or rent payments, or even monthly utilities like electricity, water, natural gas, or even your cell phone bill. Even buying groceries can be challenging due to skyrocketing food prices. Whether you need cash for these expenses, or need to consolidate loans that have gotten out of hand, purchase a vehicle, pay for your education or that of your children – an online guaranteed loan can be the answer to ending your financial worries and headaches.
Apply With Collateral Or Cosigner
To help speed up the processing of your online guaranteed loan, you can pledge collateral that will secure the loan with your lender. Collateral may be in the form of your home or automobile – basically any property that you own and have a clear and legal title or deed that can be submitted as proof of ownership to the lender. Your lender will place a lien upon this property that will be removed once you have paid in full.
Additionally, for those without the benefit of adequate collateral, a creditworthy cosigner can help you speed up your approval. A cosigner can be your parent, relative, coworker, friend, or other individual who has established credit and is willing to make your loan payments if you fail to do so. Most lenders offer an early release option for cosigners that will relieve them from all liability once you have paid on your online guaranteed personal loan for a period of time -usually a year or two.
For those without collateral or a cosigner, there are still many lenders who are willing to loan money for their personal use. By doing a bit of comparison shopping, you can find the perfect online guaranteed loan to help you make it through the hard times that have hit our country.
Six Million Final Stage Foreclosures In America by 2014
In the United States, a Bank Repossession of a home is the last part of the foreclosure procedure that usually involves three foreclosure notices. This is typically the stage at which a struggling homeowner is forced onto the street. When the media reports on a certain amount of foreclosure cases in a particular month, this figure includes cases that are in any of the three stages of the foreclosure process.
A reputable source of information on foreclosures in America that is found in the public domain takes the form of RealtyTrac. RealtyTrac collects and organizes data on foreclosure filings that occur at a local level throughout the country. Detailed reports on foreclosures are released by them at a fee, although it does release limited amounts of information at no cost which are provided to various media outlets.
Foreclosure Statistics so Far
There are at this time no governmental agencies that report on the massive extent of damage suffered by the housing market as a result of the questionable tactics employed on the part of Fannie and Freddie, along with Wall Street. Since the beginning of 2005, an alarming 3.7 million families have been forced onto the street. Considering an average of 2.3 people per family, that translates into approximately 8.5 million Americans who have lost their homes. It will indeed take some years yet for the full impact of the greed and corruption that has severely damaged the housing market to be fully witnessed and comprehended.
Foreclosure Numbers Expected to Rise – Based on independent research of RealtyTrac figures, it has been estimated that as many as six million households will suffer the loss of their homes before the worst of the housing crisis has come and gone. It’s nearly impossible to understand the awful level of personal tragedy represented by these kinds of statistics if one has not been personally affected by it.
Due to the backlogs present in foreclosure procedures and the delays involved in the filing process (it took an average of 150 days to resolve one foreclosure case in 2007), we can be certain that comprehensive foreclosure figures are sure to rise in the few years that lie ahead.
Loan modification process
The loan modification process, if undertaken responsibly and with an informed approach, is able to provide families with real hope in their efforts to hold on to homes that are precious to them for many valid and understandable reasons. If only there was a way to ensure that people had access to truthful information and expert guidance as they explore the loan modification process.
Some of the things that a loan modification applicant should be aware of is whether or not they are pre-qualified financially, and how best to prepare their loan modification package. We do not provide advice as to whether or not pursuing loan modification represents the best course of action in a specific situation. We view our role as informing prospective applicants of the possible outcomes if they are intent on heading down that path. Knowing your potential qualification chances is critical, and since banks opt to keep that secret, we are committed to making that knowledge available to you. This empowers you. You have a right to know where you stand from the get go.
For more information on how to best qualify for a loan modification, please visit