I have money in need of investment and my sister has student loans. Can I pay them off and then have her pay me a smaller rate of interest?
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posted by Cogito
on Apr 20, 2013 -
17 answers
Should I take out a personal loan to consolidate my credit card debt? Does anyone have any experience with personal loans through Discover?
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posted by royalsong
on Mar 26, 2013 -
29 answers
I am trying to purchase a foreclosed house with a homepath loan, but I do not qualify for a homepath loan despite excellent credit. Apparently a conventional loan will not work for the current condition of the home. Can you help me sort out my options in Virginia?
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posted by shortyJBot
on Mar 3, 2013 -
7 answers
My dad is horrible with money. He has lots of debt and for some reason, banks continue to give him loans. He never makes payments and he's always in the red. I've tried my best to keep him from getting credit cards and taking out loans but he's an adult and if the banks keep doing it, there's nothing I can do to stop them. My mother says that I'm going to be responsible for his debt but I have never co-signed anything with him or gone to the banks with him. Is it possible for me to still be responsible? Are there any steps I can take to make sure I won't be responsible?
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posted by cyml
on Feb 6, 2013 -
27 answers
So I'm looking to move from SF to Seattle (in part to save money) - can I get a loan and buy a place? Would that make sense?
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posted by alaijmw
on Jan 7, 2013 -
13 answers
I'd like to loan someone some money (a few thousand dollars). A friend needs it to finish school, and they don't have any good, low-interest options. I don't mind losing the money and forgiving the loan if they fall into hardship, but it would be a financial blow that I want to avoid; making it a straight up gift from the getgo is not appealing.
Is it possible to have a bank or credit union draw up the loan and service it for a flat fee? Any other ways to make the whole thing impersonal, legal, and low-hassle for me, while keeping it forgiveable at my discretion without impacting my friend's credit?
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posted by jsturgill
on Nov 30, 2012 -
21 answers
Are financial advisers usually expert in student loans? I need an expert but I don't know how to find one.
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posted by prefpara
on Nov 14, 2012 -
7 answers
How do you get back a lot of money from someone you loaned money to if they claim they're broke?
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posted by Clotilde
on Nov 14, 2012 -
16 answers
Could a check cashing / short term loan operation be operated in a more ethical fashion, while still making (what I consider to be) reasonable profits?
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posted by imabanana
on Nov 12, 2012 -
12 answers
The only loans I have are student loans, which I'm working hard to pay off. Would it be better for my credit score if I stopped paying them down when they reach $5.00 and then just pay interest from then on?
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posted by brenton
on Nov 9, 2012 -
18 answers
Homeowner needs advice: Bought a house one year ago, loan rates at all-time low, what are the benefits of re-financing my loan? Any disadvantages? I'm clueless...
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posted by MMALR
on Sep 30, 2012 -
13 answers
I have lost my job, and I want to use some of the money in my 401k to pay my bills, but not all of it. I would like some details about the next steps, if you have experience with this.
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posted by anonymous
on Sep 27, 2012 -
20 answers
A week ago I got mail stating that Citi had sold half of my student loans to Discover. I went to make my loan payments the other day to find that my minimum amount had more than doubled.
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posted by misformiche
on Sep 18, 2012 -
6 answers
My loans have been transferred and split at least twice, usually without notifying me. There used to be a fairly easy to navigate website, but now that they are shared between myedaccount and edfinancial, or not. They are unable to give me clear answers. And now it's impossible to even find my full payment history online.
I'm not sure if I'm looking for advice or to be held. Is anyone else experiencing this?
posted by SpicyMustard
on Sep 13, 2012 -
6 answers
Are private school loans a good option for me and my professional master's program? Any other suggestions?
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posted by Che boludo!
on Sep 13, 2012 -
20 answers
I need some help with student loans. I took loans out in 2008 and 2009. Two subsidized and two unsubsidized. Now I'm on half-time school deferment and I'd like to take advantage of this!
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posted by your mom's a sock puppet
on Aug 27, 2012 -
4 answers
Should I just pay off my student loan? I owe $4800 for federal subsidized/unsubsidized loans. I have a three month grace period and already paid off $700. The thing is, I have $6000 in my bank, and if I pay off my loans, I'll have about $1000 (enough to keep my bank from charging me minimum balance fee) and also qualify for food stamps. The food stamp would really help because I have physical illnesses that keep me on a strict diet, and I don't see myself going desperate only with a $1000 now that I have a job that fully pays my rent. I don't really need $6000 for anything. It pretty much just sits there.
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posted by kopi
on Aug 18, 2012 -
37 answers
Was lied to by my school about my degree-- required to commute--got a (not so random) grant from my college for transportation costs. Then I received a not-so-nice e-mail about my financial aid. How to proceed through these murky waters and still make it out ahead? (Rather long) details behind the cut.
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posted by camylanded
on Jul 13, 2012 -
10 answers
I notified that I was accepted in my graduate program rather late (As in last week). I've decided to accept, but I have no clue how to go about getting loans. Bonus Q: What're the options for scholarships when it comes to grad school? More inside.
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posted by GilloD
on Jul 7, 2012 -
10 answers
I just received word that, due to a tiny technical error, I have to re-apply to get my Stafford loan to pay for grad school. This message was directly followed by the notice that I must pay for my tuition by Sunday night at 11:59PM or I'll be blocked out of my classes. Because it's now the weekend, no one is available to help at the financial aid office. My parents said they can float me the money until the loan clears. Should I take them up on the offer?
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posted by Viola
on Jul 6, 2012 -
12 answers
Has there been an inverse relationship between the availability of exotic investment securities and levels of traditional bricks and mortar lending? This makes some intuitive sense to me but I don't know where to start in trying to support/verify. Does anyone know what some relevant indices might be?
posted by romines
on Jun 8, 2012 -
6 answers
I lent money to my friend, didn't get it back. I learned my lesson and wrote it off. Now she's back in my life. What do I do?
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posted by anonymous
on Jun 7, 2012 -
49 answers
What's a realistic expectation for family financial support for my kid going to college as it specifically applies to cosigning loans along with me?
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posted by kinetic
on May 23, 2012 -
45 answers
How would a doctor fresh out of residency figure out how to manage her new income and address her med school loans?
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posted by emmykm
on May 19, 2012 -
8 answers
Should I try to pay off grad school loans this year (~50k@6.55%) or should I invest ?
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posted by brenton
on May 17, 2012 -
34 answers
I defaulted on my student loan and entered into an agreement with a third-party debt collector to repay. That loan has now been "transferred" to another agency that seems to be pretty sleazy, although I've been assured by my original lender that this new company will honor the terms of the agreement I had with the first collection agency. Is this my best option, or should I be doing something else?
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posted by anonymous
on May 8, 2012 -
4 answers
How unusual is it to choose a professional Master's program without having an assistantship secured for the fall?
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posted by anonymous
on Apr 9, 2012 -
5 answers
I have student loans in my ex's name. Can I buy them back into my name, and how?
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posted by fracas
on Feb 1, 2012 -
4 answers
Buying a home with 4 other adults: advice and resources needed! Buying in the Washington DC/MD area.
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posted by Kindlekat
on Jan 23, 2012 -
9 answers
For a short-term (3-5 years), which is better: a HELOC or a second mortgage?
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posted by jacob
on Jan 19, 2012 -
8 answers
I'm trying to get serious about paying down my student loans and car loans, but I'm not quite sure where to start.
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posted by chara
on Jan 18, 2012 -
17 answers
Off the top of your head, what are the potential pitfalls with a friend giving me a regular gift of money?
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posted by anonymous
on Dec 2, 2011 -
8 answers
Selling a financed car. Comfortably right-side-up on the loan. Should we sell it to a dealer or a private party? Complication: Moving overseas in just over a month.
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posted by dust of the stars
on Nov 17, 2011 -
4 answers
All this talk about switching to a less hateful bank and supporting the community has me wondering if I should start looking for a credit union. I'm also wondering if doing so could help me pay off my credit card debt? Would love your sage financial advice.
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posted by Aubergine
on Oct 28, 2011 -
11 answers
The last eighteen months have been brutal for me and my small company. The company became over-reliant on a single client who then stiffed us for a lot of money. To avoid layoffs, I burned down the company’s reserves, then the company’s credit, then my own savings, and then my own credit. Promised payments never arrived, layoffs ensued anyway, productivity collapsed as staff panicked and I began living a crazy-frugal lifestyle. Meanwhile I worked hard to reboot the firm and project to friends, family and competitors that everything was under control: stress city. Now, today, comes the payment I negotiated. It’s enough to pay off the company’s debts, return me to the payroll and reimburse myself for enough of the money I loaned the firm to pay off my credit cards. But it’s really weird, Metafilter: practical and behaviorial economics questions within.
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posted by anonymous
on Oct 14, 2011 -
14 answers
My father died in February and I have an inheritance coming, probably around the end of the year, but at this moment that isn't soon enough to keep the wolves from the door. It seems silly that I know I have this mid-five-figures amount coming, and may become homeless before I get it. Does anyone have any ideas about how I can get some breathing room? For instance, is it possible to get a short-term loan using the inheritance as collateral? Any other creative ideas?
posted by anonymous
on Oct 10, 2011 -
21 answers
Help a guy with bad credit or no credit or no good credit (not sure which I have) get a modest car loan.
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posted by DuoJet
on Sep 27, 2011 -
10 answers
Do people actually quit their jobs to go to school while living on loans and government assistance--with children? If so, how?
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posted by starbaby
on Sep 22, 2011 -
19 answers
Given that I hope to go to grad school in the next two years, should I fund a 401(k) before then?
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posted by andrewesque
on Sep 14, 2011 -
20 answers
