Answer 1:
No, you should not. Many people have been ripped off in doing so. It's usually called an "Advance Fee" scam, where you send them money in the hopes of getting a loan - and then get nothing in return, or very little from what you expected, or at rates that are beyond belief.
Answer 2:
This actually depends on the type of loan you are requesting. Most personal loans have no fee, however, if you are trying to get a mortgage there are fees, and that is normal practice.
A loan origination fee is a term that describes a fee charged by the lender to pay for the costs of evaluating, preparing and submitting the proposed mortgage loan.
No, you do not have to pay an upfront fee - and you should never pay an upfront fee in order to secure a loan. All Payday lending is an expensive form of borrowing. Sometimes though, it can mean the difference between paying an important bill and not being able to pay it.
Federal Student Loan Consolidation Program means combine all loan into a single pay. :Loan consolidation is the best for the student who not able to pay your fees. If any student want to continue their study and they want to take admission in top college for higher education but good college take high fee. But some time all student unable to pay your college fee then they take student loan. But after completion of education they are facing problem with pay your student loan then they require loan forgiveness or consolidation. Federal student loan consolidation is the best option to pay your all loan into single pay
read the contract you signed. It likely states that YOU will pay ALL fees associated with collecting on the loan if you are in default. YES
The best fee for a payday loan should be something reasonable yet something that the company can benefit from. Anything from 5-15% of said loan would be a good rate.
Yes, it appears that companies do pay a subscription fee to be searchable on loan finder. I cannot find out how much that subscription fee is, however.
A loan origination fee is a term that describes a fee charged by the lender to pay for the costs of evaluating, preparing and submitting the proposed mortgage loan.
No, you do not have to pay an upfront fee - and you should never pay an upfront fee in order to secure a loan. All Payday lending is an expensive form of borrowing. Sometimes though, it can mean the difference between paying an important bill and not being able to pay it.
Federal Student Loan Consolidation Program means combine all loan into a single pay. :Loan consolidation is the best for the student who not able to pay your fees. If any student want to continue their study and they want to take admission in top college for higher education but good college take high fee. But some time all student unable to pay your college fee then they take student loan. But after completion of education they are facing problem with pay your student loan then they require loan forgiveness or consolidation. Federal student loan consolidation is the best option to pay your all loan into single pay
Yes, most banks in UAE will ask for 1% processing fee for house loan but it will be 0% for buy-outs. However, you should check with your bank for exact details.
It's an "advance fee" scam, in which they promise a loan, but charge a fee. And if you pay it, another fee. As long as you keep paying, they'll keep charging. But you will never get the loan.
read the contract you signed. It likely states that YOU will pay ALL fees associated with collecting on the loan if you are in default. YES
The best fee for a payday loan should be something reasonable yet something that the company can benefit from. Anything from 5-15% of said loan would be a good rate.
To obtain a loan online you will need to offer a credit rating and also pay a very heft loan fee and interest on that loan and also it is often a very short amount of time to pay it back.
Normally, the financial institution from which you receive your loan will charge you for late fee in such cases. If the borrower can no longer pay for the loan at all, the financial institution will forward or 'sell' the loan to a collection agency.
The difference: A payday loan does not require any type of credit card check. There is a fee one must pay to get a payday loan. A cash advance requires a credit card and have a small fee one must pay.
Yes when you pay off your auto loan the payment should be made to the lender. In fact all auto loan payments should be made to the lender who financed the loan.