Personal Loans

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A conditionally approved loan is a loan approval based on the financial and credit information that an applicant has provided, and it is subject to final verification. Final verification includes employment and income verification, and additional documentation, such as pay stubs, bank statements and utility bills, is required before the loan is completely approved.

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  • How old do you have to be to get a loan?

    Q: How old do you have to be to get a loan?

    A: In order to get a loan, an individual must be at least 18. According to CarsDirect, teens under age 18 remain minors, and legal contracts they sign are not binding.
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  • What does "conditionally approved loan" mean?

    Q: What does "conditionally approved loan" mean?

    A: A conditionally approved loan is a loan approval based on the financial and credit information that an applicant has provided, and it is subject to final verification. Final verification includes employment and income verification, and additional documentation, such as pay stubs, bank statements and utility bills, is required before the loan is completely approved.
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  • Can you get payday loans without a checking account?

    Q: Can you get payday loans without a checking account?

    A: While it is possible to get a payday loan without a bank account, chances are that more information is needed in order for the lender to verify the applicant's income, says HowStuffWorks. The lender may charge higher fees for applicants who do not have bank accounts.
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  • What does "qualifying a buyer" mean?

    Q: What does "qualifying a buyer" mean?

    A: In real estate, "qualifying a buyer" refers to a process of determining whether a buyer has sufficient finances to purchase a home, according to the National Association of Realtors. Qualifying a buyer helps the real estate agent know which homes are best to show the buyer. Items that qualify a buyer include credit score, income, debt ratio, down payment funds and mortgage pre-qualification from a bank.
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  • What is the difference between a grantor and a grantee?

    Q: What is the difference between a grantor and a grantee?

    A: The grantor is the seller and the grantee is the buyer. In terms of selling a home, for example, the grantor is either the owner or the company extending the mortgage and the grantee is the person buying the home.
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  • How can I get a loan if I am unemployed?

    Q: How can I get a loan if I am unemployed?

    A: To secure a loan while unemployed, search online for lenders that specialize in high-risk loans and have programs that do not require employment information on their applications. These applications can be completed in minutes. Be prepared to provide your address, Social Security number and bank account information.
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  • How do you write a letter requesting a loan?

    Q: How do you write a letter requesting a loan?

    A: A letter requesting a loan should be clear, provide all necessary information, and be typed using the standard fonts and format style on a computer word processor program, according to AviatekBank.com. Spelling and grammar errors should be avoided to appear as professional as possible, and it should use formal language.
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  • Who is a co-applicant on a loan?

    Q: Who is a co-applicant on a loan?

    A: According to Investopedia, a co-applicant is a person who is seeking a loan in addition to the primary applicant. A co-applicant increases the chance for the loan to be approved.
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  • What is a HARP loan?

    Q: What is a HARP loan?

    A: HARP stands for the Home Affordable Refinance Program. A HARP loan provides a refinancing option intended for people who are able to stay current on mortgage payments but are in a financially adverse situation with their mortgage as a whole and owe the current value of their home or more.
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  • What is a signature loan?

    Q: What is a signature loan?

    A: According to Investopedia, a signature loan is a personal loan that does not require collateral to secure, typically issued by a bank or other financial institution. The loan is issued based on the customer's signature on the loan papers and his word that the loan is to be repaid. Because the loan is unsecured, it is also sometimes called a character loan or good faith loan.
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  • Q: Where can you apply for urgent loans online?

    A: As of 2016, many websites allow users to apply for urgent loans, including PersonalMoneyService.com, GuaranteedLoansNow.org, RealisticLoans.com, Elcloans.com and GetCashnGo.net. Users must fill out an application form with their personal information in order to apply.
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  • How do you get an EZMoney loan?

    Q: How do you get an EZMoney loan?

    A: To obtain an EZMoney Payday Loan, the borrower should satisfy several requirements, such as being employed in a full-time job, earning at least $800 per month and having an active checking or savings bank account. Other requirements include the borrower being paid weekly, biweekly, twice a month or monthly and at least 18 years old. If the borrower satisfies all these requirements, he may then apply for an EZMoney Payday Loan.
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  • Q: How do you apply for a loan through LendUp?

    A: To apply for a loan through LendUp, visit the LendUp homepage, use the sliders to choose the amount and length of the loan, then click Get Your Money Now, as LendUp.com indicates. On the page that appears, enter an email address and choose a password to create a LendUp account.
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  • What are some options for availing emergency money assistance?

    Q: What are some options for availing emergency money assistance?

    A: People can find emergency cash assistance through private charitable organizations, government agencies such as the U.S. Department of Housing and Urban Development, or state programs for food and home energy needs, Young Money advises. There are also programs dedicated to helping special populations such as veterans, states The American Legion.
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  • Q: What is the maximum loan amount available at Wonga cash loans?

    A: Wonga lends customers a maximum of £400 to new customers and £1,000 to existing customers for terms of up to 45 days. Those requesting loans must be 18 years of age or over, live in the UK, have a mobile phone, and possess a bank account and debit card.
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  • Q: Where can you find the loan forgiveness application for public service?

    A: The employment certification form for the Public Service Loan Forgiveness Program is available at the official website for the office of Federal Student Aid at the U.S. Department of Education. This form allows borrowers to track their progress as they make the qualifying loan payments required for eligibility.
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  • Q: What loans are available for vets?

    A: Mortgage and small business loans are available for veterans, notes both Veterans United and the U.S. Small Business Administration. These loan types offer various interest rates and payment terms.
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  • Q: How do you get a loan with no job?

    A: People without jobs can go to pawn stores for loans, get home equity lines of credit or ask someone to co-sign on the loan. However, it helps if they have other income sources, such as unemployment or alimony payments. There are also no-documentation home mortgage loans.
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  • Q: What are some companies that offer online payday loans?

    A: Among the companies that offer online payday loans that are based in the United States are Speed Cash, LoanMart and MyCashNow. Those who are seeking to take out a loan online on their paychecks should be wary of scams involving online payday lenders. Some of these online lenders engage in unscrupulous practices that can leave the borrower in even deeper debt, notes the Federal Trade Commission (FTC) and the Better Business Bureau.
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  • Q: What grants can you apply for that you can use for personal needs?

    A: Individuals can apply for personal grants to receive funds for things such as housing, child care, education, home repairs and starting small businesses on Grants.gov. Grants.gov lists available grant opportunities and organizes them into different searchable categories, such as business and commerce, community development, consumer protection, education, and employment, labor and training.
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  • Q: What are VA entitlement codes?

    A: An entitlement code, found in the upper left corner of a veteran's certificate of eligibility, is proof of a veteran's eligibility to both purchase a home with a Veterans Affairs loan and receive financial aid, states Military VA Loan. The code tells a veteran how he earned the entitlement.
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