where can i get a loan when i a blacklisted by bank?
Hairy H
2008-10-10 05:00:43 UTC
i"m blacklist person by bank,how i want to buy properties? what can i do?
Five answers:
infinite crisis 247
2008-10-10 06:51:32 UTC
there is no such thing as "blacklisting" when it comes to lending. blacklisting implies a personal vendetta against a client without regard to qualification or ability to repay. i can assure you that if you had sterling credit and a large income, the bank would not care who you are. why didn't you just go and talk to another bank? sounds to me like you have bad credit. perhaps you haven't watched the news for the past 4 months. banks are much more stringent nowadays.
2014-08-28 19:48:29 UTC
Pretty sure that you must find every financial clarification at: loandirectory.info-
RE Where can i get a loan when i a blacklisted by bank?
i"m blacklist person by bank,how i want to buy properties? what can i do?
2008-10-10 05:15:31 UTC
"Blacklisted" sounds like the bank has a personal grudge against you, when it's more likely that you have bad credit. If that's the case, you're probably not going to be able to borrow enough to purchase property in this credit squeeze, or if you can, the interest rate will be high.
Nyasia
2008-10-10 05:12:55 UTC
If you are new to the world of loans, then all the jargon and terminology can seem very confusing. There are so many different terms to understand, and unless you know some of them you will not find the best loan deal to suit your needs. If you want to know more, then here is a guide to some of the basic loan terms you might need to know.When you borrow money in the form of a loan, the money you receive is called an advance. The more money you want to borrow, then the bigger your loan advance. It is called an advance because you are getting the money in advance of paying for it.The APR, or Annual Percentage Rate, is the amount of interest you are charged on your loan amount. This amount is written as a percentage, and refers to the total you are charged each year. APR is one of the primary features for comparison between loans, as it is a standard measurement for all loans.
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The lower the APR, then the cheaper the loan interest will be. Credit scoring is a method that lenders use to determine your eligibility for a loan. They ask a series of questions about your earnings and financial situation. Each answer you give is scored, and the better your score then the more likely you are to be accepted for a loan. If you score badly then you might be declined for the loan you want.The loan term is the agreed time over which you will repay the loan. You will repay the loan monthly over this period until the loan and interest is fully paid back. Loan terms on personal loans usually range from about 1 to 10 years, with mortgage loan terms being longer at around 15 to 25 years. The longer the loan term, the less your monthly payments will be, but the more you will have to pay back in interest over the years.
2008-10-10 08:12:56 UTC
If you've been 'blacklisted' by a bank it means that you were unable to operate your bank account in a satisfactory manner.
Now you want a loan to buy property.
I'll let you figure it out on your own, it's just too obvious.
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