Posted on: 17th Nov, 2011 07:01 am
yes my home is a 1993 desinty i need to borrow $3.000.00 agasint it
Hello Wanda,
Now in response to the question, it depends on the contract of your loan. Each state has individual usury laws that may limit the interest rates of the loans, which in return would make the null. Also there are Federal statues that the loan companies have to adhere to. Also in most title loan contracts there is a specific amount of days before the contract can be in default and a notice to cure MUST be sent and then a period of 20 days must have lapsed.
:idea:
Now in response to the question, it depends on the contract of your loan. Each state has individual usury laws that may limit the interest rates of the loans, which in return would make the null. Also there are Federal statues that the loan companies have to adhere to. Also in most title loan contracts there is a specific amount of days before the contract can be in default and a notice to cure MUST be sent and then a period of 20 days must have lapsed.
:idea:
hi wanda!
welcome to forums!
if your home is free and clear and if you have equity in it, then you will be able to either get a loan on it or refinance the existing loan and borrow $3.000.00 against it.
feel free to ask if you've further queries.
sussane
welcome to forums!
if your home is free and clear and if you have equity in it, then you will be able to either get a loan on it or refinance the existing loan and borrow $3.000.00 against it.
feel free to ask if you've further queries.
sussane
>>i need to borrow $3.000.00 agasint it
What is your question? We know you want to borrow $3,000.00, but that's all we know. You didn't ask a question. What have you done so far to borrow the money, and have you encountered a problem?
What is your question? We know you want to borrow $3,000.00, but that's all we know. You didn't ask a question. What have you done so far to borrow the money, and have you encountered a problem?
