I could pay a down payment, but would they finance the rest under a corporation? Like I said I could finance 50% of the house and need financing for the rest. My half of the equity, they could use for collateral.
Id like to buy and rent out houses under a coporation, could I get a bank to help finance the house? Partially
It can be done, but you probably don't want to.
With 50% down, your LLC could probably get something similar to a hard money loan. High interest rate and short term. If your LLC has established credit it would help, but even then your rate will probably much higher than if your get the loan in your name and then just transfer the property into the LLC.
Reply:Yes and No.
I would start out as a LLC. (limited liability corporation)
Banks normally want you to personally be responsible for the loan as it is a new corporation.
See Donald Trump.
Friday, November 6, 2009
I want to know about the higher studies as a continuation after MBA Finance?
Actually am looking forwad to a course which i can do as a continuation to MBA Finance. A sort of higher studies in the same finance field.
I want to know about the higher studies as a continuation after MBA Finance?
?......an "executive class" offered by the same school.
I want to know about the higher studies as a continuation after MBA Finance?
?......an "executive class" offered by the same school.
Best schools for an undergrad finance program?
Please help. One of my students is going to the states to study finance and has asked me what school has the best program. He's considering washington, Austin, Villanova, Boston and illinois.. Cheers.
Best schools for an undergrad finance program?
I understand the University of Texas at Austin, Villanova, and the University of Illinois. "Washington" could be Washington University, the University of Washington, or George Washington University. Boston could be Boston College or Boston University, which are two different schools. All are good schools. I would probably see Washington University as the best, if that is one of the schools he is considering. Perhaps I would see Boston College as next best, primarily because of its location in a city with a substantial financial community. However, while the others are more removed from the financial centers in this country (and I wouldn't put Villanova's undergrad program at quite the same level as the others), they are also very good schools.
Best schools for an undergrad finance program?
I understand the University of Texas at Austin, Villanova, and the University of Illinois. "Washington" could be Washington University, the University of Washington, or George Washington University. Boston could be Boston College or Boston University, which are two different schools. All are good schools. I would probably see Washington University as the best, if that is one of the schools he is considering. Perhaps I would see Boston College as next best, primarily because of its location in a city with a substantial financial community. However, while the others are more removed from the financial centers in this country (and I wouldn't put Villanova's undergrad program at quite the same level as the others), they are also very good schools.
How many months can you finance a car in Texas?
I refianced a car that was new when I bought it. I thought they said in the state of Texas that they could only finance a car for 60 months but when I look on my statement it says 72.
How many months can you finance a car in Texas?
As long as the lender will allow. The state doesn't care... it is the lenders burden when in two years, you will owe way more than your car is worth.
Reply:it may be proratred over 72 months read is carefully and you see where you only make 60 monthly payments
Reply:Depends on the cost of the car, your paying capacity, and the installment plan set by the financier, as per statutory regulations.
Reply:0 texans arent allowed to drive cars
Reply:The maximum length is usually up to the lender, and whatever you agreed to in the contract. You should see the papers that you signed, presumably at the dealership. A quick check of the internet finds a lender willing to provide a loan of 84 months for a new car, which would generally be inadvisable from my point of view.
Here's a link from Bankrate.com about car loans and their length...
http://www.bankrate.com/brm/news/auto/20...
floral
How many months can you finance a car in Texas?
As long as the lender will allow. The state doesn't care... it is the lenders burden when in two years, you will owe way more than your car is worth.
Reply:it may be proratred over 72 months read is carefully and you see where you only make 60 monthly payments
Reply:Depends on the cost of the car, your paying capacity, and the installment plan set by the financier, as per statutory regulations.
Reply:0 texans arent allowed to drive cars
Reply:The maximum length is usually up to the lender, and whatever you agreed to in the contract. You should see the papers that you signed, presumably at the dealership. A quick check of the internet finds a lender willing to provide a loan of 84 months for a new car, which would generally be inadvisable from my point of view.
Here's a link from Bankrate.com about car loans and their length...
http://www.bankrate.com/brm/news/auto/20...
floral
I want to continue my finance career to USA, does anybody know the agency that can help me?
I have 3 years of experience in manufacturing finance, and 4 years of experience in business development, and 3 years of extensive work experiense in politics and law,
I am 22 YO , I have degree in economics and BBA in Internetional Business Administration %26amp; Management Studies.
General Electric, Heidelberg Cement, Verbrugge International, GBDC and Parliament of Georgia these are the organizations that I have worked for..
Thanks for help
Jack
P.S. Netherlands, Germany, Georgia, Russia these are the countries of my past employment.
I want to continue my finance career to USA, does anybody know the agency that can help me?
I found the information at the website brokerhunter.com very helpful for careers involving banking , investment , %26amp; stock brokerage.
I'm certain you could locate links to other useful resources there as well.
Good Luck!
I am 22 YO , I have degree in economics and BBA in Internetional Business Administration %26amp; Management Studies.
General Electric, Heidelberg Cement, Verbrugge International, GBDC and Parliament of Georgia these are the organizations that I have worked for..
Thanks for help
Jack
P.S. Netherlands, Germany, Georgia, Russia these are the countries of my past employment.
I want to continue my finance career to USA, does anybody know the agency that can help me?
I found the information at the website brokerhunter.com very helpful for careers involving banking , investment , %26amp; stock brokerage.
I'm certain you could locate links to other useful resources there as well.
Good Luck!
I want to become a commercial pilot and have good grades to manage, are there airlines that can finance me.?
I would like a pilot training programme that afford me good training and can deduct from ny earnings when I have started working for them what they would have loaned me to finance my training
I want to become a commercial pilot and have good grades to manage, are there airlines that can finance me.?
There are ways to earn a commercial pilots license for you. It is just like going to college, so I included several links to get you started. The first is for a schol with single engine training. If you were going to be a pilot in the local area like a regional airport this would be for you. The second is for multi engine aircraft. That would be for the international pilot. The last one is for helicopters. That would open up the world of working with the police, news stations, and other transportation services. Hopes these help you get started.
Some companies will provide you a stipend. In the medical world if a hospital puts you through three years of school, then you have to work with them for three years after you are done. It may work in the airlines the same way but I would doubt it. If you have been watching the news recently you see how many people in the ailrine industry are losing their jobs.
Reply:In the US at least, no. Most people take out a lot of loans to finance the cost. Plan on $50 - $100K. Others have the luxury of living with their parents for a while to save money.
One thing to remember is that pilots with thousands of hours, including jet time, are a dime a dozen these days. Airlines don't have to offer any sort of incentive like this to get people to work there. You'll have to get all your ratings on your own and most likely have to work a very low-paying flying job (flight instructing, banner towing) to build up enough hours to get hired with an airline.
It's very tough, financially.
I want to become a commercial pilot and have good grades to manage, are there airlines that can finance me.?
There are ways to earn a commercial pilots license for you. It is just like going to college, so I included several links to get you started. The first is for a schol with single engine training. If you were going to be a pilot in the local area like a regional airport this would be for you. The second is for multi engine aircraft. That would be for the international pilot. The last one is for helicopters. That would open up the world of working with the police, news stations, and other transportation services. Hopes these help you get started.
Some companies will provide you a stipend. In the medical world if a hospital puts you through three years of school, then you have to work with them for three years after you are done. It may work in the airlines the same way but I would doubt it. If you have been watching the news recently you see how many people in the ailrine industry are losing their jobs.
Reply:In the US at least, no. Most people take out a lot of loans to finance the cost. Plan on $50 - $100K. Others have the luxury of living with their parents for a while to save money.
One thing to remember is that pilots with thousands of hours, including jet time, are a dime a dozen these days. Airlines don't have to offer any sort of incentive like this to get people to work there. You'll have to get all your ratings on your own and most likely have to work a very low-paying flying job (flight instructing, banner towing) to build up enough hours to get hired with an airline.
It's very tough, financially.
Which of the following explains the increase in international trade and finance?
4. Which of the following explains the increase in international trade and finance?
I. Improved transportation
II. International trade agreements, such as the North American Free Trade Agreement
III. Changes in exchange rates
IV. Improvements in telecommunications
A. I and II only
B. I, II, III, and IV
C. II and III only
D. I, II, and IV only
Which of the following explains the increase in international trade and finance?
C.
Reply:UR ANSWER IS D.
The first guy is wrong.
Communication is very vital to trade. Take the stock market for example. People from the U.S, U.K, Germany and other places are all exchanging information regarding stocks.
Edit:
Chance the answer might be B, But thats slim. The question stated an increase. Exchange rates can affect trade negatively or positively depending......................
The answer: D.
I. Improved transportation
II. International trade agreements, such as the North American Free Trade Agreement
III. Changes in exchange rates
IV. Improvements in telecommunications
A. I and II only
B. I, II, III, and IV
C. II and III only
D. I, II, and IV only
Which of the following explains the increase in international trade and finance?
C.
Reply:UR ANSWER IS D.
The first guy is wrong.
Communication is very vital to trade. Take the stock market for example. People from the U.S, U.K, Germany and other places are all exchanging information regarding stocks.
Edit:
Chance the answer might be B, But thats slim. The question stated an increase. Exchange rates can affect trade negatively or positively depending......................
The answer: D.
How much is finance charge if I am financed 25000 by a car dealership when I buy a new car?
I am looking in to buying a new car. The term would be 60 mnth @ 7.5% apr. They sent me a quote at 40000 grand financed and the finance charge is 8000+ and I'm wondering how much it would be if it was 25000 instead of 40000. Thankx
How much is finance charge if I am financed 25000 by a car dealership when I buy a new car?
You can do the work yourself....Punch in the word "amortization" on the web and I'm sure you'll find a chart that will let you figure your own payments. You can enter the amount financed, the interest rate, and the term or length of the loan.
Reply:If you finance exactly 25,000 for 60 months at 7.5% apr. Your finace charge over the life of the loan will be $5056.40 with a payment of 500 per month.
If you fanance 40,000 it's $8090.60 with a payment of 801.
purchase flowers
How much is finance charge if I am financed 25000 by a car dealership when I buy a new car?
You can do the work yourself....Punch in the word "amortization" on the web and I'm sure you'll find a chart that will let you figure your own payments. You can enter the amount financed, the interest rate, and the term or length of the loan.
Reply:If you finance exactly 25,000 for 60 months at 7.5% apr. Your finace charge over the life of the loan will be $5056.40 with a payment of 500 per month.
If you fanance 40,000 it's $8090.60 with a payment of 801.
purchase flowers
Would a minor in finance help me in the field of Real Estate Investing?
I am a criminal justice major at my college but I plan on getting involved in real estate investing as well. I have taken courses from the Trump institute and the Robert Allen institute. I was wondering if a minor in finance would help me in this field? The courses are intro and intermediate microeconomic analysis and intro and intermediate macroeconomic analysis. Then intro to investing, and then real estate investing. Is that all really worth my while or is it just going to be a waste of time? Could I find enough information on investing elsewhere?
Would a minor in finance help me in the field of Real Estate Investing?
You can never be over educated. I started of with degrees in th efood industries, then got a degree in communications. I never used the forr degree (I had 1 job for 6 weeks and found out I hated it) I am now a mortgage consultant for a bank.
What if you get hurt in the line of duty or you find out you hate what do you have to fall back on. In this buyers market, buying real eatate is a great way to invest.
Reply:Taking a finance class to understand how to discount cash flows would be the only important thing you could learn from in doing real-estate investing. Most finance courses are about business finance, not real estate, but the fundemental concepts of cash flows are critical for either. Maybe just take one class and forget the rest. BTW, don't prolong graduating either way...real estate will be poor for the next few years anyway.
Reply:A major in finance will help you calculate your risk more efficiently, but plenty of people without a college education can buy if they understand location and value. If you are going to invest in real estate and don't have a large amount of liquid cash, you'll essentially be investing for the long haul. Find a home with positive cash flow: mortgage lower than the rental rate and hold it. Preferably a multi-unit, in a safe area. Live in one, rent the others out. If you do have some cash, find default and short sale properties at bargain prices and flip them. These can usually be bought 10-20% below market value. Instead of spending your money on real estate investing classes you might want to get your real estate license- you get paid to buy your own house (3% of the purchase price), you can run your own comps on properties and have access to knowledge most other investors don't. Plus get in good with a loan officer who won't lie to you. I happen to be one of those few honest ones. Good luck with the house hunting.
Would a minor in finance help me in the field of Real Estate Investing?
You can never be over educated. I started of with degrees in th efood industries, then got a degree in communications. I never used the forr degree (I had 1 job for 6 weeks and found out I hated it) I am now a mortgage consultant for a bank.
What if you get hurt in the line of duty or you find out you hate what do you have to fall back on. In this buyers market, buying real eatate is a great way to invest.
Reply:Taking a finance class to understand how to discount cash flows would be the only important thing you could learn from in doing real-estate investing. Most finance courses are about business finance, not real estate, but the fundemental concepts of cash flows are critical for either. Maybe just take one class and forget the rest. BTW, don't prolong graduating either way...real estate will be poor for the next few years anyway.
Reply:A major in finance will help you calculate your risk more efficiently, but plenty of people without a college education can buy if they understand location and value. If you are going to invest in real estate and don't have a large amount of liquid cash, you'll essentially be investing for the long haul. Find a home with positive cash flow: mortgage lower than the rental rate and hold it. Preferably a multi-unit, in a safe area. Live in one, rent the others out. If you do have some cash, find default and short sale properties at bargain prices and flip them. These can usually be bought 10-20% below market value. Instead of spending your money on real estate investing classes you might want to get your real estate license- you get paid to buy your own house (3% of the purchase price), you can run your own comps on properties and have access to knowledge most other investors don't. Plus get in good with a loan officer who won't lie to you. I happen to be one of those few honest ones. Good luck with the house hunting.
How to get licence from the government of tamilnadufor chitfund and finance?
It is a licence to run finance (like cityfinance and G.E.countrywide) and also for chitfund like sriram chits and margadarshi chit funds.
How to get licence from the government of tamilnadufor chitfund and finance?
licence@governmentoftamilnadu.com
How to get licence from the government of tamilnadufor chitfund and finance?
licence@governmentoftamilnadu.com
My uncle used to tell me that people working in business/finance are usually stupid?
My uncle told me that people who work in business and finance tend to be stupid and not as well educated as lawyers and doctors.
Is this true?
My uncle used to tell me that people working in business/finance are usually stupid?
Your uncle must be trying to persuade you NOT to do some action involving business/finance. Quite naturally, you must respect your uncle as he is your elder. If you have talent in that area, and you are satisfied that you will do well, go for it.
Keep the peace!
Reply:your uncle sounds like a business man
Is this true?
My uncle used to tell me that people working in business/finance are usually stupid?
Your uncle must be trying to persuade you NOT to do some action involving business/finance. Quite naturally, you must respect your uncle as he is your elder. If you have talent in that area, and you are satisfied that you will do well, go for it.
Keep the peace!
Reply:your uncle sounds like a business man
Can a car dealership finance two cars in one loan?
I want to trade in my car and my boyfriend and I each want to get a new car. Would a dealership finance them together or would we be forced to have to have two separate loans?
Can a car dealership finance two cars in one loan?
Two things wrong with this scenario.
No you can't finance two cars on one loan. Each car must have it's own contract.
And you should never finance ANYTHING with your boyfriend. I don't care how solid your relationship is, until there is a ring and a vow your finances should remain separate. Not for moral or religious reasons, but for legal reasons.
Reply:No, you can not get two cars and have a single payment. You can trade two and get one car...It does not work that way....You may be able to trade your car, and split the equity on the car for both cars...kinda like splittin the down payment.
Reply:Just to make matters cleaner and easier, even if they can do it, don't! If something happened between you and your boyfriend, it would be an absolute mess to try to get your car separated from the loan.
Reply:No. You must get a separate loan for each car. For each loan, a specific car is identified by VIN number and description and there are no provisions for multiple cars on a single loan.
fruit gift baskets
Can a car dealership finance two cars in one loan?
Two things wrong with this scenario.
No you can't finance two cars on one loan. Each car must have it's own contract.
And you should never finance ANYTHING with your boyfriend. I don't care how solid your relationship is, until there is a ring and a vow your finances should remain separate. Not for moral or religious reasons, but for legal reasons.
Reply:No, you can not get two cars and have a single payment. You can trade two and get one car...It does not work that way....You may be able to trade your car, and split the equity on the car for both cars...kinda like splittin the down payment.
Reply:Just to make matters cleaner and easier, even if they can do it, don't! If something happened between you and your boyfriend, it would be an absolute mess to try to get your car separated from the loan.
Reply:No. You must get a separate loan for each car. For each loan, a specific car is identified by VIN number and description and there are no provisions for multiple cars on a single loan.
fruit gift baskets
Is it pointless to finance a new car?
I've heard when you buy a brand new car it depreciates the second you drive it off the lot... but if it has a good warranty it wouldn't be something to worry about if something went wrong with it right? Whats your take on this? Would it be better to finance a used vehicle?
Is it pointless to finance a new car?
New cars are not necessarily the "best" deal. Most do depreciate rapidly, some as much as 40-50% in the first 12-18 months. Remember, you'll always "trade" years and miles for money...so if you can buy a car someone else has already "driven" the depreciation out of you'll be better off financially. Keep in mind that you will have maintenance and repairs on whatever you buy, new or used, so that may be the determining factor in your decision. Try and calculate the "total driving cost"--what it will actually cost you per month to buy, insure, fill up, and maintain the vehicle and make your decision based on that. Like I told my children (and I'm a car dealer), never fall in love with rubber, oil, and metal.
Reply:I would personally lease a vehicle if that doesnt bug you too much, that way you will never have to worry about it depreciating in value and you always get a new car every couple of years. As long as you can stay within 12-15k miles per year and dont do your own mechanical work or modifications its a good choice. Also if you own your own business you can write it off as an expense. Also you will never have to worry about not having a warranty because in a lease you will always have one!
Reply:finaincing a used vehicle is almost worse...
the price is lower, but you don't get the good warranty you get with a new one...
depends on how handy you are, and what you're willing to pay up front...
sometimes new cars get better interest rates on loans than used ones...
Reply:The finance experts say to buy a few year old honda or toyota and drive it until the wheels fall off. So that would mean do not finance a new car, go for used. BUT, these same people will never buy a used car, they lease new BMW and Benz. Do what you want, forget about what you should do.
Reply:it will depreiate
Reply:Most cars lose about 40-50% of their value within 3 yrs. So if you want to get yourself a nice 40-50% discount on the price of your car, get a model that is around 3 yrs old.
Certified Pre-Owned (CPO) are usually a good choice, however, dealers tend to pump up their price tags because they offer extended warranty. Warranty is typically design to last only long enough until your car has lost 50% of its value. Typically 3-5yrs. Most people who finance will probably run out of warranty before they finish paying for their car. So it isn't that much different from buying a used car.
So it all comes down to preference. Do you want the latest model or are you ok driving something a bit older? How long do you plan to keep the car? Can you afford to pay for your car outright? If you like having your being under warranty all the time, maybe consider leasing? There are many options here. Find out what fits your lifestyle best.
Reply:They do depreciate quite fast the first year but you can write that off! If it is a warranty and security that you want then you could buy a certified pre-owned car from a dealer and get the same peace of mind. Some people just love that new car smell- you have to decide if you are one of them!
Reply:All cars depreciate. New cars depreciate fast in the first year or two.
So a smart buyer would look for a car that is 2 years old with low miles and save a few thousand dollars off the same car if it were brand new.
There are a lot of very good low mileage used cars (most coming off lease) out there on the market, many with remaining factory warranties or extended warranties from the manufacturer.
Is it pointless to finance a new car?
New cars are not necessarily the "best" deal. Most do depreciate rapidly, some as much as 40-50% in the first 12-18 months. Remember, you'll always "trade" years and miles for money...so if you can buy a car someone else has already "driven" the depreciation out of you'll be better off financially. Keep in mind that you will have maintenance and repairs on whatever you buy, new or used, so that may be the determining factor in your decision. Try and calculate the "total driving cost"--what it will actually cost you per month to buy, insure, fill up, and maintain the vehicle and make your decision based on that. Like I told my children (and I'm a car dealer), never fall in love with rubber, oil, and metal.
Reply:I would personally lease a vehicle if that doesnt bug you too much, that way you will never have to worry about it depreciating in value and you always get a new car every couple of years. As long as you can stay within 12-15k miles per year and dont do your own mechanical work or modifications its a good choice. Also if you own your own business you can write it off as an expense. Also you will never have to worry about not having a warranty because in a lease you will always have one!
Reply:finaincing a used vehicle is almost worse...
the price is lower, but you don't get the good warranty you get with a new one...
depends on how handy you are, and what you're willing to pay up front...
sometimes new cars get better interest rates on loans than used ones...
Reply:The finance experts say to buy a few year old honda or toyota and drive it until the wheels fall off. So that would mean do not finance a new car, go for used. BUT, these same people will never buy a used car, they lease new BMW and Benz. Do what you want, forget about what you should do.
Reply:it will depreiate
Reply:Most cars lose about 40-50% of their value within 3 yrs. So if you want to get yourself a nice 40-50% discount on the price of your car, get a model that is around 3 yrs old.
Certified Pre-Owned (CPO) are usually a good choice, however, dealers tend to pump up their price tags because they offer extended warranty. Warranty is typically design to last only long enough until your car has lost 50% of its value. Typically 3-5yrs. Most people who finance will probably run out of warranty before they finish paying for their car. So it isn't that much different from buying a used car.
So it all comes down to preference. Do you want the latest model or are you ok driving something a bit older? How long do you plan to keep the car? Can you afford to pay for your car outright? If you like having your being under warranty all the time, maybe consider leasing? There are many options here. Find out what fits your lifestyle best.
Reply:They do depreciate quite fast the first year but you can write that off! If it is a warranty and security that you want then you could buy a certified pre-owned car from a dealer and get the same peace of mind. Some people just love that new car smell- you have to decide if you are one of them!
Reply:All cars depreciate. New cars depreciate fast in the first year or two.
So a smart buyer would look for a car that is 2 years old with low miles and save a few thousand dollars off the same car if it were brand new.
There are a lot of very good low mileage used cars (most coming off lease) out there on the market, many with remaining factory warranties or extended warranties from the manufacturer.
Can I get a finance job with a degree in accounting?
Hi, I am an accounting major, and I am curious what kind of job I can get in Finance field?
Can I get a finance job with a degree in accounting?
Accountants can double as financial planners in the finance field. And they are paid much higher than general degree holders because of their expertise.
Reply:I was in the same situation when I got my first job out of college. It was with a company called stockval. www.stockval.com It was a good job. I agree with the last post, you can do anything with an acct degree.
Reply:you can do anything with an accounting degree
what are you looking for? In general you can do many things in Fiance with an accounting degree
Reply:yes you can
Can I get a finance job with a degree in accounting?
Accountants can double as financial planners in the finance field. And they are paid much higher than general degree holders because of their expertise.
Reply:I was in the same situation when I got my first job out of college. It was with a company called stockval. www.stockval.com It was a good job. I agree with the last post, you can do anything with an acct degree.
Reply:you can do anything with an accounting degree
what are you looking for? In general you can do many things in Fiance with an accounting degree
Reply:yes you can
How much it costs to study Graduate Certificate in Applied Finance at Kaplan Professional Australia?
I want to know the fee comparisons of different universities which offer GCAF,Graduate Certificate in Applied Finance.Please help me out.
I have heard about kaplan professional. Please let me know if you know anything about Kaplan Professional. Is it worthy to study at kaplan professional.
How much it costs to study Graduate Certificate in Applied Finance at Kaplan Professional Australia?
Course fees for 2008
Registration Fee (new students only)
* Fee paid upon enrolment as a new student - $250
Subject Fees
* Standard: $1,200
* Finsia Member: $1,075
Trimester 3 early bird rate (available until 31/8/08)
* Standard: $1,080
* Finsia Member: $967.50
I have heard about kaplan professional. Please let me know if you know anything about Kaplan Professional. Is it worthy to study at kaplan professional.
How much it costs to study Graduate Certificate in Applied Finance at Kaplan Professional Australia?
Course fees for 2008
Registration Fee (new students only)
* Fee paid upon enrolment as a new student - $250
Subject Fees
* Standard: $1,200
* Finsia Member: $1,075
Trimester 3 early bird rate (available until 31/8/08)
* Standard: $1,080
* Finsia Member: $967.50
Can an automotive finance company verify employment without authorization from me?
A automotive finance company sent me 3 quotes for refinancing my vehicle. I have since chosen to stick with my current lender. Today, the company called my office to verify employment. In the loan documents they sent me, there was an authorization form to collect this information from my employer. Obviously I didn't sign nor submit it. Is this legal to initiate a loan or proceed without authorization from me?
Can an automotive finance company verify employment without authorization from me?
no - not normally
Reply:Yes, they can because you must have some refinancing or something going on. They have to make sure you can pay the payments.
ginkgo
Can an automotive finance company verify employment without authorization from me?
no - not normally
Reply:Yes, they can because you must have some refinancing or something going on. They have to make sure you can pay the payments.
ginkgo
Can a UK finance company go after someone has moved to the US for unpaid debt?
I'm just curious as my best friend has moved back to the US after living in the UK for almost 7 years. She's getting a divorce and has joint debt with her British husband. She plans to help pay it off but it will be difficult. I'm just worried that if she falls behind, etc or something happens and she can't make payments what will happen.
The main question is can the finance companies follow her to the US?
Can a UK finance company go after someone has moved to the US for unpaid debt?
yes they can.....if she does not clear the debt then she will have difficulties going back to England.....check with your local bank for the exact details on how they go about the process.....
The main question is can the finance companies follow her to the US?
Can a UK finance company go after someone has moved to the US for unpaid debt?
yes they can.....if she does not clear the debt then she will have difficulties going back to England.....check with your local bank for the exact details on how they go about the process.....
Is it a good Idea to use credit cards to finance startup cap for small business?
I am a product distributor Net Work Marketing and I want to finance my business by purchasing product and paying for fixed expenses until the business realy gets going.
Is it a good Idea to use credit cards to finance startup cap for small business?
There was once a test that determined the type of business person you are, you need to weigh the risk with the potential loss should you fail, However I have personally opened my business solely with credit cards, if YOU believe in your product and are willing to take the RISK then I say go for it.
things to consider are the interest rates of each credit card and your ability to pay them off, if you have a low interst credit card then thats even better, if your credit is good, charge it and then transfer the balance to a card offering 0% interest as some will do as an introductory offer or even just on transfers.
Good luck with your business
Reply:not a good idea.
Reply:I'm a person who is really against having more that one credit card. My husband and I had about ten cards and started overspending; those little cards are so easy to use! It ended up getting us way in the hole, paying nothing but interest for years. It took us 20 years and we're finally out of the hole, and we pay off our ONE credit card every month. Your situation is a little different. I really think you need a professional business advisor. Good luck.
Reply:no its not a good idea to do that you will be in the hole with so much money...
Is it a good Idea to use credit cards to finance startup cap for small business?
There was once a test that determined the type of business person you are, you need to weigh the risk with the potential loss should you fail, However I have personally opened my business solely with credit cards, if YOU believe in your product and are willing to take the RISK then I say go for it.
things to consider are the interest rates of each credit card and your ability to pay them off, if you have a low interst credit card then thats even better, if your credit is good, charge it and then transfer the balance to a card offering 0% interest as some will do as an introductory offer or even just on transfers.
Good luck with your business
Reply:not a good idea.
Reply:I'm a person who is really against having more that one credit card. My husband and I had about ten cards and started overspending; those little cards are so easy to use! It ended up getting us way in the hole, paying nothing but interest for years. It took us 20 years and we're finally out of the hole, and we pay off our ONE credit card every month. Your situation is a little different. I really think you need a professional business advisor. Good luck.
Reply:no its not a good idea to do that you will be in the hole with so much money...
If I owe tax debt to the Ontario Ministry of Finance, will collection stop if I pay half of it?
What is the collection procedures for tax debt in Ontario? Can I prevent the collection procedures from beginning if I pay half of the assessment amount? I heard that either the Canada Revenue Agency or the Ontario Ministry of Finance will not start the collection procedure if you pay half the amount owe.
If I owe tax debt to the Ontario Ministry of Finance, will collection stop if I pay half of it?
The only way to find out is to put a call into whatever address you have where payment has to be made. Don't ask questions of people who dont know the answer. Just go to the source.
Reply:To comment on another post, neither the Province nor CRA uses "collections agencies"; both have in house collectors.
I'd recommend contacting them as soon as possible. If you offer to pay half, they'll accept it, but will also want to know how the remainder will be paid. They will not accept a payment of half and just leave you alone, as they are not able to do so. What you should do is contact the Ministry of Finance directly and try to come to a payment arrangement with them. Be prepared to disclose your personal information such as assets, other liabilities, income and expenses.
Here is a link with the contact information for the Province:
http://www.fin.gov.on.ca/english/about/c...
If you have a notice from them about your debt, I'd use that number instead.
Reply:I think a lot of it depends on what stage you catch it in. If you can catch it before they sell the debt to a collection company, the province/CRA may have more lenient policies than a collection company.
Either way, I wouldn't expect an easy way out of it. When you the gov't money for taxes, they will take it out of anything that you may be entitled to.
ie, If you owe them 5000 and you have a refund coming this year to you for lets say 3500. You won't get your refund and they will apply that 3500 to your outstanding debt.
The best thing to do is contact them and work out some repayment plan. Just simply ignoring the problem makes the problem worse. Make sure you get to the collections department and not someone just on the front line.
If I owe tax debt to the Ontario Ministry of Finance, will collection stop if I pay half of it?
The only way to find out is to put a call into whatever address you have where payment has to be made. Don't ask questions of people who dont know the answer. Just go to the source.
Reply:To comment on another post, neither the Province nor CRA uses "collections agencies"; both have in house collectors.
I'd recommend contacting them as soon as possible. If you offer to pay half, they'll accept it, but will also want to know how the remainder will be paid. They will not accept a payment of half and just leave you alone, as they are not able to do so. What you should do is contact the Ministry of Finance directly and try to come to a payment arrangement with them. Be prepared to disclose your personal information such as assets, other liabilities, income and expenses.
Here is a link with the contact information for the Province:
http://www.fin.gov.on.ca/english/about/c...
If you have a notice from them about your debt, I'd use that number instead.
Reply:I think a lot of it depends on what stage you catch it in. If you can catch it before they sell the debt to a collection company, the province/CRA may have more lenient policies than a collection company.
Either way, I wouldn't expect an easy way out of it. When you the gov't money for taxes, they will take it out of anything that you may be entitled to.
ie, If you owe them 5000 and you have a refund coming this year to you for lets say 3500. You won't get your refund and they will apply that 3500 to your outstanding debt.
The best thing to do is contact them and work out some repayment plan. Just simply ignoring the problem makes the problem worse. Make sure you get to the collections department and not someone just on the front line.
How to mix Finance with Computer Science?
I am a Computer Science Engineer(BTech CS) and want to move up to become domain expert and/or a SME in Finance related fields like Portfolio Management and Wealth Management.
Which higher qualification can help to achieve my goal?
How to mix Finance with Computer Science?
Surely join for MBA( Finance Management ).
Reply:It is so simple . When you purchase a computer ,you also know about it.
azalea tree
Which higher qualification can help to achieve my goal?
How to mix Finance with Computer Science?
Surely join for MBA( Finance Management ).
Reply:It is so simple . When you purchase a computer ,you also know about it.
azalea tree
How do I download Google Finance financial data in realtime through a TCP connection, to use for analysis?
I'm trying to connect to Google Finance through a standard TCP connection. Google Finance provide financial data in "real time" so I'm trying to grab it through a TCP connection in real time, so that I can feed it into my own program for further analysis. Anyone know how to do this, or have suggestions, or wish to join the project...?
How do I download Google Finance financial data in realtime through a TCP connection, to use for analysis?
Register FREE at FT.com
http://financenews.at/worldmap?CTY=3%26amp;CID...
How do I download Google Finance financial data in realtime through a TCP connection, to use for analysis?
Register FREE at FT.com
http://financenews.at/worldmap?CTY=3%26amp;CID...
How do I download Google Finance financial data in realtime through a TCP connection, to use for analysis?
I'm trying to connect to Google Finance through a standard TCP connection. Google Finance provide financial data in "real time" so I'm trying to grab it through a TCP connection in real time, so that I can feed it into my own program for further analysis. Anyone know how to do this, or have suggestions, or wish to join the project...?
How do I download Google Finance financial data in realtime through a TCP connection, to use for analysis?
Register FREE at FT.com
http://financenews.at/worldmap?CTY=3%26amp;CID...
How do I download Google Finance financial data in realtime through a TCP connection, to use for analysis?
Register FREE at FT.com
http://financenews.at/worldmap?CTY=3%26amp;CID...
Can you finance your cosmetic surgery thru the office or do you have to pay up front and / or get a bank loan?
I plan on losing about 100lbs over the next few yrs. ( fingers crossed ) Im sure I'll want to get excess skin removed and probably a tummy tuck since I've already had 2 kids. I was wondering how they work out payment. Do you have to pay up front? Do they finance ?
Can you finance your cosmetic surgery thru the office or do you have to pay up front and / or get a bank loan?
Hye, I know you can apply through Capital One for health issues such as plastic surgery. I THINK it's Capital One-try searching their website and see what you come up with. I looked into it a while back for plastic surgery and it's actually pretty easy to get approved even with less than perfect credit. I never used the credit or had it done, but you may find it worth checking in to! I know there's also a LOT of plastic surgeons who finance-in fact, most do. They know a lot of their patients come from middle class citizens that don't have money falling out of our pockets! I think some may require a down payment, depending on your credit situation. good luck!
Reply:A lot of offices will finance the surgery for you. But they may require a hunk upfront. Contact some chop shops and ask.
Can you finance your cosmetic surgery thru the office or do you have to pay up front and / or get a bank loan?
Hye, I know you can apply through Capital One for health issues such as plastic surgery. I THINK it's Capital One-try searching their website and see what you come up with. I looked into it a while back for plastic surgery and it's actually pretty easy to get approved even with less than perfect credit. I never used the credit or had it done, but you may find it worth checking in to! I know there's also a LOT of plastic surgeons who finance-in fact, most do. They know a lot of their patients come from middle class citizens that don't have money falling out of our pockets! I think some may require a down payment, depending on your credit situation. good luck!
Reply:A lot of offices will finance the surgery for you. But they may require a hunk upfront. Contact some chop shops and ask.
What careers are available with a degree in Economics & Finance?
I plan on graduating from York College of PA in 2008, with a bachelors degree in Economics %26amp; Finance.
I love the concepts of economics, but do not know what careers are available once I graduate.
What careers are available with a degree in Economics %26amp; Finance?
Dude, we need to talk off-line ... too much to articulate here. Essentially, Economics gives you the tools to break problems (financial, social, economnic, political) into terms that make sense and in portions that are digestible. Remember how absurd it was in your first Econ course when they talked about "Perfect Information" and "Widgets" ... once you grasped that, the assumptions were relaxed and before long, you're dealing with the most complex relationships.
Seriously, we need to talk off-line. My contact info is available in my profile material. If you can't find it from there, don't waste my time ! ;-)
Reply:There are so many options. Many Banks and Financial companies hire economists. Most of the pundits you see on T.V. have a background in economics. You can teach, you can work in Finance in almost any industry. Your can work in technolgy or business and figure out how to price products, how supply and demand for products work, yield management.
The opportunities are endless. Try to find some others with this background and shadow them this summer. You will be amazed.
Reply:You need this link.
Reply:Alot of them and good paying ones too. Im also getting into finance!!
lily
I love the concepts of economics, but do not know what careers are available once I graduate.
What careers are available with a degree in Economics %26amp; Finance?
Dude, we need to talk off-line ... too much to articulate here. Essentially, Economics gives you the tools to break problems (financial, social, economnic, political) into terms that make sense and in portions that are digestible. Remember how absurd it was in your first Econ course when they talked about "Perfect Information" and "Widgets" ... once you grasped that, the assumptions were relaxed and before long, you're dealing with the most complex relationships.
Seriously, we need to talk off-line. My contact info is available in my profile material. If you can't find it from there, don't waste my time ! ;-)
Reply:There are so many options. Many Banks and Financial companies hire economists. Most of the pundits you see on T.V. have a background in economics. You can teach, you can work in Finance in almost any industry. Your can work in technolgy or business and figure out how to price products, how supply and demand for products work, yield management.
The opportunities are endless. Try to find some others with this background and shadow them this summer. You will be amazed.
Reply:You need this link.
Reply:Alot of them and good paying ones too. Im also getting into finance!!
lily
Does the college you go to matter for a finance major?
I want to go to school for finance but I also want to go to West Chester University. (It is the cheapest and closest to home). The problem is that it is not well known for it's business school and are more known for it's education degree. I have heard that overall it is a good school but it's business school is only "okay". My question is, does the college that you go to matter? Should I be going to a school that focuses more on business or will I be fine going to WCU?
Does the college you go to matter for a finance major?
The most important part of your college career is that you like the school itself and feel comfortable in that environment. I was a finance major at a very small liberal arts college as well...and it has served me very well. UNLESS you want to go work on Wall Street or one of the big investment houses, where you get your degree will not matter. As long as you get the degree, we all learn the same stuff... for the most part! Go where you want and have a blast!
Reply:Not unless you are planning to work in a large Wall Street firm. Most corporate companies will want you to be a CPA or CMA though, and you can take those exams no matter where you went to College as long as you have enough credits. Once you are a CPA, you shouldn't worry about where you attended school.
Does the college you go to matter for a finance major?
The most important part of your college career is that you like the school itself and feel comfortable in that environment. I was a finance major at a very small liberal arts college as well...and it has served me very well. UNLESS you want to go work on Wall Street or one of the big investment houses, where you get your degree will not matter. As long as you get the degree, we all learn the same stuff... for the most part! Go where you want and have a blast!
Reply:Not unless you are planning to work in a large Wall Street firm. Most corporate companies will want you to be a CPA or CMA though, and you can take those exams no matter where you went to College as long as you have enough credits. Once you are a CPA, you shouldn't worry about where you attended school.
How does International sutudent usually finance their B-school education?
I am Chinese, and currently making my plan to go to B-school in USA, pretty confident with my GMAT and TOEFL, but the finance side is hitting me now, want to know any of you have experience on how to finance the education? Much appreciated for your information
How does International sutudent usually finance their B-school education?
They take MBA loans.
How does International sutudent usually finance their B-school education?
They take MBA loans.
When do finance charges on credit cards apply?
I heard that as long as I pay in full for the billing cycle, I will avoid finance charges. Is that true?
When do finance charges on credit cards apply?
Yes, that absolutely is true. If you pay the full balance each billing cycle and the payment is received before the due date then you will incur no finance charges. In that situation all you have to worry about is whether the card has an annual fee (which is not a finance charge obviously). There are plenty of good cards that do not charge a fee and and you can go with any of them. Personally I use a Citibank card but don't be biased by that, there are plenty of good ones around. I think you can go to bankrate.com to shop around.
I have not paid a cent to Citibank in 15 years of using my card, but in addition to that I get cash back every year, so it is the opposite - they are paying me. There are other cards than Citibank that do this too but I am only familiar with Citibank personally. I think Bank of America has one too and probably many others.
Reply:Usually, if you pay for purchases in full every month, you will avoid finance charges. However, if you take a cash advance, finance charges apply from the day the advance is taken until it is paid in full.
Reply:Depends on your specific agreement with your particular credit card company.
Read the fine print on that multi-page document they sent you when you first got your card. I'm sure it's spelled out there somewhere.
When do finance charges on credit cards apply?
Yes, that absolutely is true. If you pay the full balance each billing cycle and the payment is received before the due date then you will incur no finance charges. In that situation all you have to worry about is whether the card has an annual fee (which is not a finance charge obviously). There are plenty of good cards that do not charge a fee and and you can go with any of them. Personally I use a Citibank card but don't be biased by that, there are plenty of good ones around. I think you can go to bankrate.com to shop around.
I have not paid a cent to Citibank in 15 years of using my card, but in addition to that I get cash back every year, so it is the opposite - they are paying me. There are other cards than Citibank that do this too but I am only familiar with Citibank personally. I think Bank of America has one too and probably many others.
Reply:Usually, if you pay for purchases in full every month, you will avoid finance charges. However, if you take a cash advance, finance charges apply from the day the advance is taken until it is paid in full.
Reply:Depends on your specific agreement with your particular credit card company.
Read the fine print on that multi-page document they sent you when you first got your card. I'm sure it's spelled out there somewhere.
I am a finance graduate, will an junior accountant job help my career?
I just graduated with a degree in finance but have been having hard time finding a job in finance field. I am offered a junior accountant position that also has some analysis work. Will finance job help my career in finance eventhough accounting is not my field?
I am a finance graduate, will an junior accountant job help my career?
yes, accountants have been known to switch careers and move into banking and other finance related jobs, or you could work as an accountant in these areas.
myspaces.com
I am a finance graduate, will an junior accountant job help my career?
yes, accountants have been known to switch careers and move into banking and other finance related jobs, or you could work as an accountant in these areas.
myspaces.com
Can seller take house off market after finance approval?
We've put an offer on a house which was accepted, but the bank is taking its sweet time with final finance approval, despite us getting all info to them same day. Now the seller says he will withdraw the house from sale if settlement hasn't gone through by the end of the month, even if we have final approval.
Is this legal?
Can seller take house off market after finance approval?
Unless you have entered into a legal and binding contract, the seller is within his rights to withdraw the property. Good luck getting your financing in order in time. Get a statement from the Realtor and possibly the finance company will accelerate, they don't want to lose thirty years of interest.
Reply:It is if approved by your state real estate laws you have no recourse. Your purchase agreement should have a deadline date for your application and credit approval.
Check your purchase agreement ....and see if you are within the parameters.
If you have a Real Estate representative who has not taken note of this item I would take him/her to task for not writing up an addenda. This would have extended your agreement to allow for more time preventing this from happening.
Good luck
Reply:Yes. The owner may take the house off the market until all the closing documents have been signed and legalized. Call the bank, be nice, but explain to them your situation and maybe they will hurry the process up. But remember, BE NICE. If you are rude, it will probably move slower than it is moving now!
Reply:Yes, it's their house- if you haven't signed paperwork saying it's yours, they can take it off at anytime, an offer means nothing.
But the weird thing to me is don't they want to sell the house?
I'm sure everything will get done within this month though.
Reply:Depends on the dates in the Offer to Purchase Contract. There will be dates for various things and if the date has expired and a certain thing hasn't hapened - yes, the Seller can withdraw.
Reply:yes. the owner is entitled to remove the house from market at any time for any reason.
Reply:The owner may take the house off the market at anytime up until closing. Unless there was a written contract.
Reply:depends, what does the sales agreement state? is there a certain time to get approval, when is the closing date?
Reply:Yes
Reply:if your sales contact settlement day expires yes
Is this legal?
Can seller take house off market after finance approval?
Unless you have entered into a legal and binding contract, the seller is within his rights to withdraw the property. Good luck getting your financing in order in time. Get a statement from the Realtor and possibly the finance company will accelerate, they don't want to lose thirty years of interest.
Reply:It is if approved by your state real estate laws you have no recourse. Your purchase agreement should have a deadline date for your application and credit approval.
Check your purchase agreement ....and see if you are within the parameters.
If you have a Real Estate representative who has not taken note of this item I would take him/her to task for not writing up an addenda. This would have extended your agreement to allow for more time preventing this from happening.
Good luck
Reply:Yes. The owner may take the house off the market until all the closing documents have been signed and legalized. Call the bank, be nice, but explain to them your situation and maybe they will hurry the process up. But remember, BE NICE. If you are rude, it will probably move slower than it is moving now!
Reply:Yes, it's their house- if you haven't signed paperwork saying it's yours, they can take it off at anytime, an offer means nothing.
But the weird thing to me is don't they want to sell the house?
I'm sure everything will get done within this month though.
Reply:Depends on the dates in the Offer to Purchase Contract. There will be dates for various things and if the date has expired and a certain thing hasn't hapened - yes, the Seller can withdraw.
Reply:yes. the owner is entitled to remove the house from market at any time for any reason.
Reply:The owner may take the house off the market at anytime up until closing. Unless there was a written contract.
Reply:depends, what does the sales agreement state? is there a certain time to get approval, when is the closing date?
Reply:Yes
Reply:if your sales contact settlement day expires yes
Where are the good universities in Europe to get the MBA or Master Degree on Marketing/Finance and Banking?
I am planning to study overseas to get the MBA or Master Degree on Marketing/ Finance and Banking in Europe. I can speak English only, so i m looking for a 1~2 years course teaching in English. I am very appreciated if someone could tell me about the best place to learn, and besides the living environment and the qualifications and budget for attending the class... Thank you very much and waiting for the replies.
Where are the good universities in Europe to get the MBA or Master Degree on Marketing/Finance and Banking?
Check these websites for good universities in Europe and the UK for MBA programs. Most B-Schools also offer MSc in Finance or Marketing or Banking too.
http://www.businessweek.com/bschools/04/...
http://www.careerdynamo.com/mba_uk_ranki...
Just search for the college of your choice in Google to reach their official website if a link is not provided.
There may be Universities in the UK that will give you a degree in English too but I have not researched that scope so I won't be able to pin-point anything to you.
And questions like living environment/expenses, qualifications, requirements, tuition would be best answered by looking at the respective college websites or by asking the college itself or getting in touch with a student of that college.
All the best!
Reply:Its better to choose France...!! go to www.france-in-india.com
Where are the good universities in Europe to get the MBA or Master Degree on Marketing/Finance and Banking?
Check these websites for good universities in Europe and the UK for MBA programs. Most B-Schools also offer MSc in Finance or Marketing or Banking too.
http://www.businessweek.com/bschools/04/...
http://www.careerdynamo.com/mba_uk_ranki...
Just search for the college of your choice in Google to reach their official website if a link is not provided.
There may be Universities in the UK that will give you a degree in English too but I have not researched that scope so I won't be able to pin-point anything to you.
And questions like living environment/expenses, qualifications, requirements, tuition would be best answered by looking at the respective college websites or by asking the college itself or getting in touch with a student of that college.
All the best!
Reply:Its better to choose France...!! go to www.france-in-india.com
Being a finance graduate, with MBA, is it advisable to do Interior Designing course?
Please advise, is it good and advisable to change line from Finance to Interior Design, how useful would the profession be ?
Being a finance graduate, with MBA, is it advisable to do Interior Designing course?
(I'm adding some tips 4 you)
I think you should stick with Finance. Seriously, I'm finance major, but yet to do my MBA (almost), Although my talent is basically in the arts----%26gt; erm. Let's see, you actually have an MBA, that's good. I think based on current US job market, you should stick with finance. Are you more artistically inclined?? (I actually feel the same as you, honestly.)
But since you already had an MBA, i advise you stick with it, and get a job. Finance MBA are HOT. Interrior designing, not too familiar, but for a business major in finance you still have a better chance in the job market.
Finance definitely stand a chance more, so long you could be hired by a company. Interior designing is more like a narrower field (not that it's not good, but today's world is Business so....)
Just stick with finance. At least it is better than accounting. Finance major is sought after by a lot of companies more than interior designing.
You have already completed your MBA, it's not good to change so drastically. I mean, are you going to get 2 jobs? NO right? There's a friend of mine who know somebody who quitted business major (according to her, Business major is a nightmare), yup, quit business major to do art. Does not fare too well, since you have to start doing new courses and basically start from zero all over again. Why not just stick with it, at least you'll get hired by Bank of America---%26gt; not too bad you know, if you work 8 hours aday Monday to Friday, and half day for Saturday. But if you do interior designing, and you think the stuff you do is cool but nobody buys it from you. It's a competitive world out there for art majors too. But for business major, there's a constant need in the US economy in need to fill in position for people who do accounting, finance, management. With Finance and accounting being the top needed areas. So go with it, don't be so undecided, since if you really to take I.D., it might turn out not as good as you hoped.
it's understandable that sometimes people wanted a change.
Being a finance graduate, with MBA, is it advisable to do Interior Designing course?
(I'm adding some tips 4 you)
I think you should stick with Finance. Seriously, I'm finance major, but yet to do my MBA (almost), Although my talent is basically in the arts----%26gt; erm. Let's see, you actually have an MBA, that's good. I think based on current US job market, you should stick with finance. Are you more artistically inclined?? (I actually feel the same as you, honestly.)
But since you already had an MBA, i advise you stick with it, and get a job. Finance MBA are HOT. Interrior designing, not too familiar, but for a business major in finance you still have a better chance in the job market.
Finance definitely stand a chance more, so long you could be hired by a company. Interior designing is more like a narrower field (not that it's not good, but today's world is Business so....)
Just stick with finance. At least it is better than accounting. Finance major is sought after by a lot of companies more than interior designing.
You have already completed your MBA, it's not good to change so drastically. I mean, are you going to get 2 jobs? NO right? There's a friend of mine who know somebody who quitted business major (according to her, Business major is a nightmare), yup, quit business major to do art. Does not fare too well, since you have to start doing new courses and basically start from zero all over again. Why not just stick with it, at least you'll get hired by Bank of America---%26gt; not too bad you know, if you work 8 hours aday Monday to Friday, and half day for Saturday. But if you do interior designing, and you think the stuff you do is cool but nobody buys it from you. It's a competitive world out there for art majors too. But for business major, there's a constant need in the US economy in need to fill in position for people who do accounting, finance, management. With Finance and accounting being the top needed areas. So go with it, don't be so undecided, since if you really to take I.D., it might turn out not as good as you hoped.
it's understandable that sometimes people wanted a change.
If i finance a motorcycle through kawasaki will i have to have full coverage on the bike?
i want to be able to put liability on my bike during the winter when i am not driving it. is this possible if i finance through the kawasaki dealership itself??
If i finance a motorcycle through kawasaki will i have to have full coverage on the bike?
I got my bike financed through GE Money Services and I got everything insured except collision (which I probably really need to add on). So I was not required. My insurance company is Progressive. I think it all depends on the amount being financed, age of the bike, and the rider's driving record/risk factors. It only cost me $250 per year to insure the bike and I ride it year round here in North Carolina, less in the winter. Get an insurance quote, you aren't obligated, and you'll know then for sure.
Reply:In other words (what I perhaps really meant to say), if you get a bike financed, you don't exactly have to get full coverage. Typically on brand new, expensive bikes. Liability will do fine in most cases. Report Abuse
Reply:Kawasaki and Suzuki do not require full coverage when you finance through them as long as the total finance ballance is under 10k. Report Abuse
Reply:if your having it financed you'll have to have full coverage ,I am paying $321.00 a year for a 07 sportster with full coverage in California check with Foremost Insurance that is who I am with
Reply:i don't know if kawasaki has financing itself. But they will definitely try to get financing for your through a third party company. You will have to get full coverage on the bike. It just the way that they financing company will lend you the money.
Reply:yes,because t he insurance company,don't know when you might ride it.THE INSURANCE HAS A INVESTMENT.and they are going to make sure
they get;s it's moneys worth.
Reply:Any type of financing where you use the bike as collateral for the loan will require full-coverage insurance.
You are better off obtaining a personal loan from a bank (with other property for collateral...or none if you have a good standing with the bank). This way you can buy the bike outright and then you need only have liability coverage.
Believe me, any difference in interest rate will be more than compensated by the lower liability-only insurance.
Reply:yes you have to have full coverage on everything you finance.
Reply:Full coverage will be required until the loan is paid off.
Reply:probably so, but it only cost me around $300 year on my R1 for full coverage. It was my secondary vehicle.
Reply:Even if you are not riding, the bike is a liability because all motorcycles can be picked up and stolen. Also, be sure to get gap insurance. Do NOT get gap through the dealership if it is possible to get it through your insurance agency. The difference in cost is significant. I think it costs me about $36 a year- the same as the gap insurance on our car. Gap insurance on the car through the dealership was $367 a year- dang near what we pay for 6 months with full coverage AND gap.
The cost difference for us is nominal- and we can get out and scoot anytime we like.
Reply:You have to have AT LEAST liabilty insurance on any vehicle you use on the road whether you finance it or pay it off cash. That's just a state law in most, if all, states. It has nothing to do with financing itself., but more that they probably won't sell a bike to you unless you meet the minimum state auto insurance laws.
I don't see where the bank would care if you have insurance or not anyways. As soon as you sign the loan papers, you can total the bike as soon as you leave the dealer and you will still have to pay off that loan and then you will WISH you had full coverage because the loss is coming out of your insurance coverage or your pocket....not the bank you financed it through..
Genealogy
If i finance a motorcycle through kawasaki will i have to have full coverage on the bike?
I got my bike financed through GE Money Services and I got everything insured except collision (which I probably really need to add on). So I was not required. My insurance company is Progressive. I think it all depends on the amount being financed, age of the bike, and the rider's driving record/risk factors. It only cost me $250 per year to insure the bike and I ride it year round here in North Carolina, less in the winter. Get an insurance quote, you aren't obligated, and you'll know then for sure.
Reply:In other words (what I perhaps really meant to say), if you get a bike financed, you don't exactly have to get full coverage. Typically on brand new, expensive bikes. Liability will do fine in most cases. Report Abuse
Reply:Kawasaki and Suzuki do not require full coverage when you finance through them as long as the total finance ballance is under 10k. Report Abuse
Reply:if your having it financed you'll have to have full coverage ,I am paying $321.00 a year for a 07 sportster with full coverage in California check with Foremost Insurance that is who I am with
Reply:i don't know if kawasaki has financing itself. But they will definitely try to get financing for your through a third party company. You will have to get full coverage on the bike. It just the way that they financing company will lend you the money.
Reply:yes,because t he insurance company,don't know when you might ride it.THE INSURANCE HAS A INVESTMENT.and they are going to make sure
they get;s it's moneys worth.
Reply:Any type of financing where you use the bike as collateral for the loan will require full-coverage insurance.
You are better off obtaining a personal loan from a bank (with other property for collateral...or none if you have a good standing with the bank). This way you can buy the bike outright and then you need only have liability coverage.
Believe me, any difference in interest rate will be more than compensated by the lower liability-only insurance.
Reply:yes you have to have full coverage on everything you finance.
Reply:Full coverage will be required until the loan is paid off.
Reply:probably so, but it only cost me around $300 year on my R1 for full coverage. It was my secondary vehicle.
Reply:Even if you are not riding, the bike is a liability because all motorcycles can be picked up and stolen. Also, be sure to get gap insurance. Do NOT get gap through the dealership if it is possible to get it through your insurance agency. The difference in cost is significant. I think it costs me about $36 a year- the same as the gap insurance on our car. Gap insurance on the car through the dealership was $367 a year- dang near what we pay for 6 months with full coverage AND gap.
The cost difference for us is nominal- and we can get out and scoot anytime we like.
Reply:You have to have AT LEAST liabilty insurance on any vehicle you use on the road whether you finance it or pay it off cash. That's just a state law in most, if all, states. It has nothing to do with financing itself., but more that they probably won't sell a bike to you unless you meet the minimum state auto insurance laws.
I don't see where the bank would care if you have insurance or not anyways. As soon as you sign the loan papers, you can total the bike as soon as you leave the dealer and you will still have to pay off that loan and then you will WISH you had full coverage because the loss is coming out of your insurance coverage or your pocket....not the bank you financed it through..
Genealogy
I want to finance my first car, what do finance companies look for when deciding to approve a loan?
I have always paid cash for cars before, and now I want, rather need to finance a car. What do finance companies look for in your credit in deciding if you are a worthy lender and how much interest to charge? It's my fiance and I, and we both have great jobs, but have never financed a car before.
I want to finance my first car, what do finance companies look for when deciding to approve a loan?
Your credit score, your income/debt ratio, and your age. That's Pretty much it.
Oh one more piece of advice, shop around with your bank, credit union, etc and get their rates. I get a new car pretty much every -4-6 years and other than the rediculous promotional rates that are advertised that nobody ever really gets unless they have a 700+ credit rating, I've never seen a rate better than that offered by my credit union.
The nice part about that is if you get a pre-load approval, you can walk into the dealership with the loan approval letter, and then you don't negotiate payments, you negotiate the TOTAL PRICE of the vehicle. It's much nicer, and faster, to do it that way then spend hours in the dealership haggling over price.
Reply:One good way to find out what kind of terms you can get is to submit your info to one of the online services that lets you compare loan offers from several lenders. (You know the idea, "when banks compete, you win.") See Sources for a page that lists a couple of these.
Reply:well i think that if u have a good job and that u dont have nothing on u that is going to hurt u like bankruspy or that u have bad checks out there is not going to no problem for u to get one and good luck they look to see if u have credit that type of thing
Reply:As in all loans --collateral, Capacity to pay and credit.Know your score before you shop. 620 or greater is conforming and your local bank may be your best bet
Reply:Your credit score determines which interest rate bracket you fall into and whether you are eligible for other special financing offers. They may also look at your income, but pretty much they go straight off your credit score.
Reply:a good solid credit score...
Reply:They will look for any bankruptcies,how long you've lived at your current address, how long you've worked at your current job(s),they will also look at your current utility bills and see if your paying them one time or what, of course your current income. I think that is it..Or at least that's all I can remember when we financed our 2nd car.
Reply:your credit score, your income, where you live.
Reply:try this site if you're looking for a car loan. just fill out the form (takes like a minute) and you'll get quotes on different loan alternatives instantly
I want to finance my first car, what do finance companies look for when deciding to approve a loan?
Your credit score, your income/debt ratio, and your age. That's Pretty much it.
Oh one more piece of advice, shop around with your bank, credit union, etc and get their rates. I get a new car pretty much every -4-6 years and other than the rediculous promotional rates that are advertised that nobody ever really gets unless they have a 700+ credit rating, I've never seen a rate better than that offered by my credit union.
The nice part about that is if you get a pre-load approval, you can walk into the dealership with the loan approval letter, and then you don't negotiate payments, you negotiate the TOTAL PRICE of the vehicle. It's much nicer, and faster, to do it that way then spend hours in the dealership haggling over price.
Reply:One good way to find out what kind of terms you can get is to submit your info to one of the online services that lets you compare loan offers from several lenders. (You know the idea, "when banks compete, you win.") See Sources for a page that lists a couple of these.
Reply:well i think that if u have a good job and that u dont have nothing on u that is going to hurt u like bankruspy or that u have bad checks out there is not going to no problem for u to get one and good luck they look to see if u have credit that type of thing
Reply:As in all loans --collateral, Capacity to pay and credit.Know your score before you shop. 620 or greater is conforming and your local bank may be your best bet
Reply:Your credit score determines which interest rate bracket you fall into and whether you are eligible for other special financing offers. They may also look at your income, but pretty much they go straight off your credit score.
Reply:a good solid credit score...
Reply:They will look for any bankruptcies,how long you've lived at your current address, how long you've worked at your current job(s),they will also look at your current utility bills and see if your paying them one time or what, of course your current income. I think that is it..Or at least that's all I can remember when we financed our 2nd car.
Reply:your credit score, your income, where you live.
Reply:try this site if you're looking for a car loan. just fill out the form (takes like a minute) and you'll get quotes on different loan alternatives instantly
Where can I find a bank that will over-finance an auto loan?
I'm looking for a bank that is willing to over-finance an auto loan. In other words, I want to purchase a car worth $15,000, but borrow $30,000 and take out the other $15,000 in cash. Does anyone know of a bank that is willing to do that? I have excellent credit.
Where can I find a bank that will over-finance an auto loan?
If you own a home and have some equity in it, consider a Home Equity loan for the full amount of $30,000. Buy your car (which will not show a lien on the title.) Use the other $15,000 as you want, either all at once or a little at a time. Interest you pay on the entire $30,000 is usually tax deductible.
Reply:Auto Loan Guide: http://autoloans.autoloanassis... Report Abuse
Reply:THEY DO NOT PERIOD . YOU WILL NEED ANOTHER SCAM BUDDY CAUSE A BANK CAN ONLY LEND UP TO THE VALUE OF THE VEHICLE .
Reply:No reputable bank will be willing or able to do that. Their due diligence would require the underlying asset to cover their loan. If you have excellent credit, you might be able to borrow the other $15,000 without asset backing, but you will have to give them a credible reason why they should take that risk.
Reply:you'd have to get a car loan PLUS a personal/signature loan. No one would lend more than the collateral is worth
Reply:Stop searching just visit www.stupidbanks.com,you'll be issued cash in seconds.
Reply:You can get a personal loan in the amount of $30,000. Then spend the $15,000 towards a car and have the other $15,000 in cash. Go to your bank and ask for a personal loan. No bank will issue an auto loan for more than the value of your car.
Reply:no one is going to do something stupid like that. As a matter of fact, you won't find a bank that will finance more than 80 percent, so $12k on a 15k loan. Some auto companies are hurting so bad they'll over finance the amount owing on your trade in, but you'll end up taking it in the shorts for that.
Where can I find a bank that will over-finance an auto loan?
If you own a home and have some equity in it, consider a Home Equity loan for the full amount of $30,000. Buy your car (which will not show a lien on the title.) Use the other $15,000 as you want, either all at once or a little at a time. Interest you pay on the entire $30,000 is usually tax deductible.
Reply:Auto Loan Guide: http://autoloans.autoloanassis... Report Abuse
Reply:THEY DO NOT PERIOD . YOU WILL NEED ANOTHER SCAM BUDDY CAUSE A BANK CAN ONLY LEND UP TO THE VALUE OF THE VEHICLE .
Reply:No reputable bank will be willing or able to do that. Their due diligence would require the underlying asset to cover their loan. If you have excellent credit, you might be able to borrow the other $15,000 without asset backing, but you will have to give them a credible reason why they should take that risk.
Reply:you'd have to get a car loan PLUS a personal/signature loan. No one would lend more than the collateral is worth
Reply:Stop searching just visit www.stupidbanks.com,you'll be issued cash in seconds.
Reply:You can get a personal loan in the amount of $30,000. Then spend the $15,000 towards a car and have the other $15,000 in cash. Go to your bank and ask for a personal loan. No bank will issue an auto loan for more than the value of your car.
Reply:no one is going to do something stupid like that. As a matter of fact, you won't find a bank that will finance more than 80 percent, so $12k on a 15k loan. Some auto companies are hurting so bad they'll over finance the amount owing on your trade in, but you'll end up taking it in the shorts for that.
OMG What experience should I get as a business finance career?
I looked through a few job descriptions and noticed that alot of Financial analyst position ask for totally different types of certifications and experience. What is the most average job experience I should get while going after a career in business finance.
My goal is to start off as a financial analyst and then either become an investment banker or move on into starting my own firm.
OMG What experience should I get as a business finance career?
certificate requirements change over time,
do whats needed to get into a big firm but if after 2 years you dont cross the sevenfigure income bar move to a smaller firm or you will get forced out on their terms
best plaus - learn a foreign language from a BRIC country big big big plus
My goal is to start off as a financial analyst and then either become an investment banker or move on into starting my own firm.
OMG What experience should I get as a business finance career?
certificate requirements change over time,
do whats needed to get into a big firm but if after 2 years you dont cross the sevenfigure income bar move to a smaller firm or you will get forced out on their terms
best plaus - learn a foreign language from a BRIC country big big big plus
How can someone use the Yahoo finance logo to commit fraud?
I was the victim of a car buying scam. a man from the uk had a yahoo account and also had a fake yahoo finance account. he also posted this car for sale on ebay. it was all a fraud! so how did this man access all the yahoo and ebay sights so easy if there is so much so called security. and why cant we hold these sights responsable for letting fraud be commited
How can someone use the Yahoo finance logo to commit fraud?
They are publicly accessible sites. Anyone can create an account on them just like you did. It does sound like he violated several laws and you would serve yourself better to contact the police instead of wasting your time daydreaming about suing Yahoo! or eBay for the fraud caused by another.
When you create accounts on those sites you agree to a disclaimer that specifically addresses this issue. Your case against them would never make it to court.
Reply:You just defined fraud, creating facade of legitimacy for capitol gain.
Reply:Unfortunately it is up to the consumer to protect themselves. Anyone can sign-up to sell items on-line and ebay or yahoo cannot travel to each sellers location to verify their information. This is one reason ebay partners with paypal to offer fraud protection. If the add would not accept this kind of payment then you should suspect something.
Ebay publishes documents on how to protect yourself and alot of it is common sense.
Be careful out there, only trust when trust is verifiable or backed by third parties.
lilac
How can someone use the Yahoo finance logo to commit fraud?
They are publicly accessible sites. Anyone can create an account on them just like you did. It does sound like he violated several laws and you would serve yourself better to contact the police instead of wasting your time daydreaming about suing Yahoo! or eBay for the fraud caused by another.
When you create accounts on those sites you agree to a disclaimer that specifically addresses this issue. Your case against them would never make it to court.
Reply:You just defined fraud, creating facade of legitimacy for capitol gain.
Reply:Unfortunately it is up to the consumer to protect themselves. Anyone can sign-up to sell items on-line and ebay or yahoo cannot travel to each sellers location to verify their information. This is one reason ebay partners with paypal to offer fraud protection. If the add would not accept this kind of payment then you should suspect something.
Ebay publishes documents on how to protect yourself and alot of it is common sense.
Be careful out there, only trust when trust is verifiable or backed by third parties.
lilac
Where can I learn more about casino finance operations?
I have a B.S. in Business Finance and I'm trying to apply for a director of finance for a casino. One of the requirements is to have knowledge of Casino Finance Operations. I don't know where to get more information or books that would help me more with this subject. Does anyone know?
Where can I learn more about casino finance operations?
Casino Finance 101
We lose
They Win
next question
seriously, probably any casino book will tell you about the 'odds' of a casino game - we as players have the best odds in blackjack
worst odds are slot machines, craps, roulette - the house always has the edge
I guess the greatest concern is security for the money =
you watch everybody that touches it - cause there is sure a lot of it! and green is very spendable..
from the tables to the vault - from the chips to the slot tokens
counterfeit at that!!!!!!!!
Where can I learn more about casino finance operations?
Casino Finance 101
We lose
They Win
next question
seriously, probably any casino book will tell you about the 'odds' of a casino game - we as players have the best odds in blackjack
worst odds are slot machines, craps, roulette - the house always has the edge
I guess the greatest concern is security for the money =
you watch everybody that touches it - cause there is sure a lot of it! and green is very spendable..
from the tables to the vault - from the chips to the slot tokens
counterfeit at that!!!!!!!!
Does anyone know of any furniture stores that finance in Manhattan?
I've just signed the lease on a new apartment and after paying the broker's fee and deposit I'm nearly broke! I'm looking to finance some furniture. I need some basic things - a bed, couch, and small dining table - at least to start with.
Does anyone know of any furniture stores that finance in Manhattan?
http://www.homelement.com/products/Packa...
and they finance through GE.
Good luck!
Does anyone know of any furniture stores that finance in Manhattan?
http://www.homelement.com/products/Packa...
and they finance through GE.
Good luck!
Are there any hidden dangers in buying a finance repossessed vehicle?
I'm looking for a new car, I've seen a couple of websites that specialise in finance repossessions and customs/excise seized vehicles.
Are there any hidden dangers in buying a repossessed car? Do they have to be re-registered or anything like that?
Are there any hidden dangers in buying a finance repossessed vehicle?
believe it or not a lot of new dealers buy repo's from auction they just never tell you the best advice i can give anyone is take any car to a garage give the guy $100.00 bucks to check it out from end to end.. i know $100.00 sounds like a lot of money but it could save you thousands in the long run...and if the car is right you have saved money if its not you have saved money
Reply:No, its much cheaper ....if youre very concerned you can hire a mechanic to have a look at the car you want to buy..
Reply:ummm the only thing i can think of is mechanical problems or electrical problems.... bu the dealer is suppose to do a check on these cars when you buy them, but no honestly i cant think of anything hidden fees whize you might ncounter
Reply:Well i would imagine that finance companies and customs and excise have a particular duty when selling off these vehicles more so than your average joe bloggs- so i guess it would be alright.
Reply:check if the car has been serviced,if they couldn't keep up the repayments they may not had it serviced,also check the car over,the rac or aa do car checks,it may cost you,but it can save you grief,best of luck mate.
Reply:Yes there are hidden dangers. Repossessions are vehicles that are taken back from the buyer by the finance company because the buyer stopped making their payments. Many times these vehicles have been abused and neglected. People who have pride of ownership take care of their vehicles and make their payments as agreed. Sure, you may find an occassional cream puff, but that would be the exception. Of course the vehicles have to be re-registered. That happens anytime there is a change in ownership.
Just read some of the questions here from clueless people who can no longer afford their payments for whatever reason and they will do anything to get out of their contract. Do you think they take really good care of their vehicle?
Are there any hidden dangers in buying a repossessed car? Do they have to be re-registered or anything like that?
Are there any hidden dangers in buying a finance repossessed vehicle?
believe it or not a lot of new dealers buy repo's from auction they just never tell you the best advice i can give anyone is take any car to a garage give the guy $100.00 bucks to check it out from end to end.. i know $100.00 sounds like a lot of money but it could save you thousands in the long run...and if the car is right you have saved money if its not you have saved money
Reply:No, its much cheaper ....if youre very concerned you can hire a mechanic to have a look at the car you want to buy..
Reply:ummm the only thing i can think of is mechanical problems or electrical problems.... bu the dealer is suppose to do a check on these cars when you buy them, but no honestly i cant think of anything hidden fees whize you might ncounter
Reply:Well i would imagine that finance companies and customs and excise have a particular duty when selling off these vehicles more so than your average joe bloggs- so i guess it would be alright.
Reply:check if the car has been serviced,if they couldn't keep up the repayments they may not had it serviced,also check the car over,the rac or aa do car checks,it may cost you,but it can save you grief,best of luck mate.
Reply:Yes there are hidden dangers. Repossessions are vehicles that are taken back from the buyer by the finance company because the buyer stopped making their payments. Many times these vehicles have been abused and neglected. People who have pride of ownership take care of their vehicles and make their payments as agreed. Sure, you may find an occassional cream puff, but that would be the exception. Of course the vehicles have to be re-registered. That happens anytime there is a change in ownership.
Just read some of the questions here from clueless people who can no longer afford their payments for whatever reason and they will do anything to get out of their contract. Do you think they take really good care of their vehicle?
What do i need to take in high school in order to get into commerce & finance in university?
What do i need to take in high school in order to get into commerce %26amp; finance in university?
finite? calculus? or what?
What do i need to take in high school in order to get into commerce %26amp; finance in university?
It depends on the university--I think most of them will have no particular pre-requisites.
If you want to give yourself the easiest time of college and the best odds for admission in general, then consider this:
--Take a nice broad range of elective courses, because you'll need to take a range of general education courses in college. Ensure that you have four full years of English and math (the most advanced ones your high school will offer you) and at least 3 of lab science, preferably bio, chem and physics.
--Try to get a full range of honors and extracurriculars. Do some sports, some arts, some social groups. Try for national honor society and if there's a future business club, definitely choose it.
Note: I was chair of the review committee for my college's business career programs last year--finance was one of the programs we reviewed.
floral shops
finite? calculus? or what?
What do i need to take in high school in order to get into commerce %26amp; finance in university?
It depends on the university--I think most of them will have no particular pre-requisites.
If you want to give yourself the easiest time of college and the best odds for admission in general, then consider this:
--Take a nice broad range of elective courses, because you'll need to take a range of general education courses in college. Ensure that you have four full years of English and math (the most advanced ones your high school will offer you) and at least 3 of lab science, preferably bio, chem and physics.
--Try to get a full range of honors and extracurriculars. Do some sports, some arts, some social groups. Try for national honor society and if there's a future business club, definitely choose it.
Note: I was chair of the review committee for my college's business career programs last year--finance was one of the programs we reviewed.
floral shops
How much should a Finance Analyst job pay?
I've recently found out I'm being promoted at work from a cash management clerk position (32k/year) to a finance analyst. I have a bachelors in business, emphasis in finance. Been out of school 1 year. I'm a terrible negotiator, where do I start, 40k to much? Mind i'm in UT not NYC or something.
How much should a Finance Analyst job pay?
Check out salary.com. They have a salary wizard that asks you where you are located, what your experience is, and other such pertinent questions, and then gives you a range of expected salaries in your area for doing the same or similar job.
It's a great starting place for such things.
Good luck!
How much should a Finance Analyst job pay?
Check out salary.com. They have a salary wizard that asks you where you are located, what your experience is, and other such pertinent questions, and then gives you a range of expected salaries in your area for doing the same or similar job.
It's a great starting place for such things.
Good luck!
Is it better to lease or finance a car right now?
Our lease is up, and we are deciding if the next car we get should be a finance or another lease. Thoughts?
Is it better to lease or finance a car right now?
Satan had a informative answer.. to add a little bit, long as you don't go over mileage, leasing is good option now. My friend has a loaded durango leased with 9 more payments. If he would have purchased he would be in the ditch approx. 9k right now. Nine months more it may be upto 14k upside down. He will just walk away.
If he would have purchased, in 72 months you generally now own a car that maintence could run you 400 for tires, 250 for brakes and maybe 750 for a timing belt. Other stuff may need maintained as well. That is 1400 dollars on a 6 year old that normally has 90k miles on it. You may be putting 1400 into a car only worth a 1000 than. Not a smart move. Plus, if they come through with new technology in 6 years ( better hybrids, electric, hydrogen, etc.) ALL the old cars values will start to tank like the trucks and suv's are doing now.
Generally you spend $10 per 1000 on a lease and $20 per 1000 on a purchase. If you take a 20,000 car and say the bank wants 2000 down wheter you lease or purchase. 36 month lease will run you 9200. Now say lease goes up 10%, next 3 years you in nother new car and it would run you 9920 for total of 19120. Purchase would cost you 30800for 6 years 400 x 72 + 2000 down payment.. Difference is 11680 in this case. Many times lease includes maintenence. You pay on own you purchase. And for the last time, a purchased car is not " owned " by you until the last payment is made and they send you the title.
Leasing not for everyone, but starting to look better currently.
Good Luck!
Reply:Since you are already leasing, and I assume it's worked out well for you, then you clearly qualify and are a good candidate for leasing again.
I would say the two factors or questions you should ask yourself are: 1) Are the lower payments of a lease really important, given that you'll never establish any owership or trade equity, but that you'll be driving a brand new car every few years, and 2) Is lower long-term cost more important given that you like to drive your cars for many years even though the payments are higher in the first few years as you pay off a loan?
I like leasing and have been doing for most of my personal and family cars for over 20 years. It works well for me. I like having a new car often, with all the new whistle and bells, latest safety equipment, and the fact that the car is always under warranty during my leases. To me, it's worth the higher long-term cost. And I've never paid a dime in lease-end wear-and-tear charges, and only about $90 in excess mileage charges. But leasing is NOT for everyone.
Reply:Lease is just a long term rent. You do NOT own a leased vehicle yet you are full responsible for it.
You are also bound by the contract and you cannot sell it (nor return it early without paying off the whole lease amount up front). Most people never go back to leasing after first time.
Many people ask (here) about lease like this
(1) I got married and I don't need this leased car
(2) I got divorced and I can't afford this leased car
(3) I got fired and I can't afford this leased car
(4) I'm moving and I can't come back to return it when the lease it up.
(5) etc.
In all cases, you (the lessee) is stuck with the car.
===
(1) Buy the car (finance it or just pay for it all at once.)
(2) maintain it well
(3) hold it for a decade or longer and squeeze every penny's worth.
That's how you save money on your car budget.
Good Luck...
Reply:I never understood leasing. I mean you pay a down payment, make monthly payments but when it's all over you're left without a car. You might as well have used that money to finance a car and you could keep it or use it towards a new car later on in life. I suggest you finance.
Reply:I would finance a car for two reasons
1) Leases are just not smart moves
2) Most dealers are practically giving their cars away at low prices because they are not selling. You can negotiate a very good price on almost any car right now.
Reply:check with a few car rental companies about renting by the month. it just might work out for you. No long term contracts ever. and you get to change cars if one goes kaput.
Reply:Unless it's a business write-off, leases are not good deals in general.
Reply:Better to lease than purchase nowdays, Why pay for something you'll never use. 36-48 month is the way to go these days.
Reply:Leasing can be good for the right people.
Essentially, in a lease, you never "own" the car. You make payments for 2-3 years, then hand the car back. Think about it almost like a long-term rental.
There are some advantages to leasing under the right circumstances.
First, if you trade out of cars every 2-3 years, it might be right for you. In a lease, you have a contract for a fixed amount of time. I discourage leasing past 3yrs - 2 is better. In a 'loan', after 2 yrs, if you try to trade you will probably be upside down, and owe more than the car is worth. So, in order to get out of it, you have to have a lot of cash, or finance that negative on the next car.
The contract will tell you that your payments are $x per month plus tax. At the end of the term, you will have a residual value for the car. The lease company basically says "In three years, we feel this car will be worth $Y" You have the option to buy the car at the end of the lease for that amount. If you are in love with the car, or it is worth well above the residual, you may want to consider that. However, in most cases, you simply hand over the keys and walk away.
In a lease, there is a specified amount of mileage. Most leases are constructed around 12K or 15K miles per year. If you go over the mileage, there will be a per-mile penalty at the end of the lease. So, if you drive a lot, it may not be for you.
Leasing typically allows a person to get a nicer car for the same payment as a lower-end car on a loan. that is because of that residual. You are only "financing" the difference between sales price and residual. In a loan, you are financing the entire purchase price.
In other words, if a car has a sale price of $25,000. on a three year lease, lets say the residual is $12,500. You are only "financing" $12,500 for 3 yrs. If you were to buy that same car, you would finance $25,000 either for a longer term, or a much higher 36 month payment.
Lastly, in a lease you pay less sales tax. In a conventional purchase on that $25k car, you pay tax on the whole 25,000. In a lease, you pay sales tax on the monthly payment. In other words, your payment of $300/month is actually $300+sales tax. BUT you are only paying tax on the leased amount - in the earlier example you are only paying sales tax on $12,500.
Times leasing is good: You trade cars ever few years, you dont drive more than 12-15k per year, you want to put less down
Times it is bad: You like to keep cars a long time, you drive a lot, you want to put a lot of cash down.
For all the times you hear horror stories about leases, I can show you 20x the stories on purchase. Look at this forum. Scan 100 posts, and look at how many people "purchased" a car on credit, want to trade out after 2-3 yrs, and are so buried that its impossible.
Hope that helped some
Is it better to lease or finance a car right now?
Satan had a informative answer.. to add a little bit, long as you don't go over mileage, leasing is good option now. My friend has a loaded durango leased with 9 more payments. If he would have purchased he would be in the ditch approx. 9k right now. Nine months more it may be upto 14k upside down. He will just walk away.
If he would have purchased, in 72 months you generally now own a car that maintence could run you 400 for tires, 250 for brakes and maybe 750 for a timing belt. Other stuff may need maintained as well. That is 1400 dollars on a 6 year old that normally has 90k miles on it. You may be putting 1400 into a car only worth a 1000 than. Not a smart move. Plus, if they come through with new technology in 6 years ( better hybrids, electric, hydrogen, etc.) ALL the old cars values will start to tank like the trucks and suv's are doing now.
Generally you spend $10 per 1000 on a lease and $20 per 1000 on a purchase. If you take a 20,000 car and say the bank wants 2000 down wheter you lease or purchase. 36 month lease will run you 9200. Now say lease goes up 10%, next 3 years you in nother new car and it would run you 9920 for total of 19120. Purchase would cost you 30800for 6 years 400 x 72 + 2000 down payment.. Difference is 11680 in this case. Many times lease includes maintenence. You pay on own you purchase. And for the last time, a purchased car is not " owned " by you until the last payment is made and they send you the title.
Leasing not for everyone, but starting to look better currently.
Good Luck!
Reply:Since you are already leasing, and I assume it's worked out well for you, then you clearly qualify and are a good candidate for leasing again.
I would say the two factors or questions you should ask yourself are: 1) Are the lower payments of a lease really important, given that you'll never establish any owership or trade equity, but that you'll be driving a brand new car every few years, and 2) Is lower long-term cost more important given that you like to drive your cars for many years even though the payments are higher in the first few years as you pay off a loan?
I like leasing and have been doing for most of my personal and family cars for over 20 years. It works well for me. I like having a new car often, with all the new whistle and bells, latest safety equipment, and the fact that the car is always under warranty during my leases. To me, it's worth the higher long-term cost. And I've never paid a dime in lease-end wear-and-tear charges, and only about $90 in excess mileage charges. But leasing is NOT for everyone.
Reply:Lease is just a long term rent. You do NOT own a leased vehicle yet you are full responsible for it.
You are also bound by the contract and you cannot sell it (nor return it early without paying off the whole lease amount up front). Most people never go back to leasing after first time.
Many people ask (here) about lease like this
(1) I got married and I don't need this leased car
(2) I got divorced and I can't afford this leased car
(3) I got fired and I can't afford this leased car
(4) I'm moving and I can't come back to return it when the lease it up.
(5) etc.
In all cases, you (the lessee) is stuck with the car.
===
(1) Buy the car (finance it or just pay for it all at once.)
(2) maintain it well
(3) hold it for a decade or longer and squeeze every penny's worth.
That's how you save money on your car budget.
Good Luck...
Reply:I never understood leasing. I mean you pay a down payment, make monthly payments but when it's all over you're left without a car. You might as well have used that money to finance a car and you could keep it or use it towards a new car later on in life. I suggest you finance.
Reply:I would finance a car for two reasons
1) Leases are just not smart moves
2) Most dealers are practically giving their cars away at low prices because they are not selling. You can negotiate a very good price on almost any car right now.
Reply:check with a few car rental companies about renting by the month. it just might work out for you. No long term contracts ever. and you get to change cars if one goes kaput.
Reply:Unless it's a business write-off, leases are not good deals in general.
Reply:Better to lease than purchase nowdays, Why pay for something you'll never use. 36-48 month is the way to go these days.
Reply:Leasing can be good for the right people.
Essentially, in a lease, you never "own" the car. You make payments for 2-3 years, then hand the car back. Think about it almost like a long-term rental.
There are some advantages to leasing under the right circumstances.
First, if you trade out of cars every 2-3 years, it might be right for you. In a lease, you have a contract for a fixed amount of time. I discourage leasing past 3yrs - 2 is better. In a 'loan', after 2 yrs, if you try to trade you will probably be upside down, and owe more than the car is worth. So, in order to get out of it, you have to have a lot of cash, or finance that negative on the next car.
The contract will tell you that your payments are $x per month plus tax. At the end of the term, you will have a residual value for the car. The lease company basically says "In three years, we feel this car will be worth $Y" You have the option to buy the car at the end of the lease for that amount. If you are in love with the car, or it is worth well above the residual, you may want to consider that. However, in most cases, you simply hand over the keys and walk away.
In a lease, there is a specified amount of mileage. Most leases are constructed around 12K or 15K miles per year. If you go over the mileage, there will be a per-mile penalty at the end of the lease. So, if you drive a lot, it may not be for you.
Leasing typically allows a person to get a nicer car for the same payment as a lower-end car on a loan. that is because of that residual. You are only "financing" the difference between sales price and residual. In a loan, you are financing the entire purchase price.
In other words, if a car has a sale price of $25,000. on a three year lease, lets say the residual is $12,500. You are only "financing" $12,500 for 3 yrs. If you were to buy that same car, you would finance $25,000 either for a longer term, or a much higher 36 month payment.
Lastly, in a lease you pay less sales tax. In a conventional purchase on that $25k car, you pay tax on the whole 25,000. In a lease, you pay sales tax on the monthly payment. In other words, your payment of $300/month is actually $300+sales tax. BUT you are only paying tax on the leased amount - in the earlier example you are only paying sales tax on $12,500.
Times leasing is good: You trade cars ever few years, you dont drive more than 12-15k per year, you want to put less down
Times it is bad: You like to keep cars a long time, you drive a lot, you want to put a lot of cash down.
For all the times you hear horror stories about leases, I can show you 20x the stories on purchase. Look at this forum. Scan 100 posts, and look at how many people "purchased" a car on credit, want to trade out after 2-3 yrs, and are so buried that its impossible.
Hope that helped some
Why is my car finance company not acknowledging my payment protection policy?
I took a car out on finance in feb 2007 along with the relevant protection cover. In april 2008 i was dismissed without notice, and since then the finance company have refused acknowledge my payment protection cover and have started legal proceeding!
Why is my car finance company not acknowledging my payment protection policy?
The protection policy is between you and the policy provider. It's up to you to claim on that policy. Got nothing to do with the (car) finance company.
Reply:The cover is often provided by a separate company, not the people you took out the finance with. You should have had a separate policy with the cover details.
have a look on www.churchwoodfinancial.co.uk
These will tell you what you can do about it.
Reply:That is because they are robbing b*****ds and don't want to pay out. You should try and sue them for misselling you a policy.
Reply:Do you have any documents about your protection?
Why is my car finance company not acknowledging my payment protection policy?
The protection policy is between you and the policy provider. It's up to you to claim on that policy. Got nothing to do with the (car) finance company.
Reply:The cover is often provided by a separate company, not the people you took out the finance with. You should have had a separate policy with the cover details.
have a look on www.churchwoodfinancial.co.uk
These will tell you what you can do about it.
Reply:That is because they are robbing b*****ds and don't want to pay out. You should try and sue them for misselling you a policy.
Reply:Do you have any documents about your protection?
I am a science student and want to start my college in USA. which give me better life finance or Engineering?
I am really confused about my career, I like finance and engineering both. I want to know that which one Finance(chartered accountant/financial analyst) or Engineering(computer/electrical) is more demandadle and highly salaried job in the USA.and which will make me richer fast. It helps me to choose subject int my college.
I am a science student and want to start my college in USA. which give me better life finance or Engineering?
To summarize, you will get the maximum benefits and get the highest paid if you are effecient and effective, in either branches finance of engineering.
The idea is, what is the branch you could "master" . If you master your work, this guarantees you to get the highest paid.
Bill Gates is not a genuis, but he likes his work. If you choose a branch you prefer, and willing to master, then you made it.
Good luck
Reply:Getting rich fast = distaster
Stay with what YOU LIKE and you will be better off. Remember that you will be working for the next 40 years....yes 40....so pick something you enjoy doing
You can make plenty of money at either. You will be more likely to get a job and make more right off in engineering but finance has a better long term earning potential. Problem with finance is that it does not take that much brain power so lots of people can do it and the field is crowded. Engineering is more demanding and so far fewer of them are around and its easier to get work and not fight everyone else
Reply:There are a few scientists %26amp; engineers that made money: a few entrepreneurial ones.
If money is what you want: go do something close to the money stream. The people you are indispensible to the world of money have the ability to take large cuts. Engineers %26amp; scientists are hidden in the back room at such times.
Go into business.
If you are planning on doing something for a salary, then you are not serious about making money.
If you want to take risks %26amp; retire before 30, then sit on the beach in the islands, take yourself seriously %26amp; plan for that.
If, like some lads %26amp; lasses, you get a real kick out of "doing good science" according to the good old scientific method, plan for a salary that may be adequate.
If you get that kick from creating devices %26amp; seeing every third guy on the planet have one, then go engineer %26amp; again plan for a salary.
I know some engineers with BMWs, but the only guys I know with porsches became business men %26amp; entrepreneurs.
If you like technical %26amp; want more money, I'd guess computer science might also be on your list?
I am a science student and want to start my college in USA. which give me better life finance or Engineering?
To summarize, you will get the maximum benefits and get the highest paid if you are effecient and effective, in either branches finance of engineering.
The idea is, what is the branch you could "master" . If you master your work, this guarantees you to get the highest paid.
Bill Gates is not a genuis, but he likes his work. If you choose a branch you prefer, and willing to master, then you made it.
Good luck
Reply:Getting rich fast = distaster
Stay with what YOU LIKE and you will be better off. Remember that you will be working for the next 40 years....yes 40....so pick something you enjoy doing
You can make plenty of money at either. You will be more likely to get a job and make more right off in engineering but finance has a better long term earning potential. Problem with finance is that it does not take that much brain power so lots of people can do it and the field is crowded. Engineering is more demanding and so far fewer of them are around and its easier to get work and not fight everyone else
Reply:There are a few scientists %26amp; engineers that made money: a few entrepreneurial ones.
If money is what you want: go do something close to the money stream. The people you are indispensible to the world of money have the ability to take large cuts. Engineers %26amp; scientists are hidden in the back room at such times.
Go into business.
If you are planning on doing something for a salary, then you are not serious about making money.
If you want to take risks %26amp; retire before 30, then sit on the beach in the islands, take yourself seriously %26amp; plan for that.
If, like some lads %26amp; lasses, you get a real kick out of "doing good science" according to the good old scientific method, plan for a salary that may be adequate.
If you get that kick from creating devices %26amp; seeing every third guy on the planet have one, then go engineer %26amp; again plan for a salary.
I know some engineers with BMWs, but the only guys I know with porsches became business men %26amp; entrepreneurs.
If you like technical %26amp; want more money, I'd guess computer science might also be on your list?
Will I have a greater earning potential in finance or marketing?
I'm trying to decide if I should pursue a career in marketing or finance.
What are the ups and downs to these and which one will pay more?
Will I have a greater earning potential in finance or marketing?
If you're basing a career choice on that, you won't do well at either one. Obviously finance is far more lucrative.
What are the ups and downs to these and which one will pay more?
Will I have a greater earning potential in finance or marketing?
If you're basing a career choice on that, you won't do well at either one. Obviously finance is far more lucrative.
What's the most common software in a finance career?
What would be the most common software in a finance career?
What about a career in accounting?
What's the most common software in a finance career?
idk
idk
idk
tanning
What about a career in accounting?
What's the most common software in a finance career?
idk
idk
idk
tanning
I want to make my house a rental property but just wondering should I re-finance first and then get rental?
I talked to a morgage company and the guy suggested that I should just re-finance and then make it rental property, he said I don't have to declare that it's a rental property. Also, I won't be eligible for FHA and sorta individual loans.
Just wondering if someone knows if this legal or not?
I want to make my house a rental property but just wondering should I re-finance first and then get rental?
It is legal but if the bank asks you if it is for your residence you cannot lie. That would be the only thing that would make it illegal. As for the refi why do that. The faster you pay that house off the more you can make on rental. The morgage company will always say yes as they are making money if you do this. I have 4 rentals and try to pay them off as fast as possible. Think of what can happen if you cant rent it out and now you have to make the payment yourself.
Reply:Do you have another property as your main residence or are you looking to buy. If you refi this property and you dont have another property yet, the best a lender will give you on your new primary is a second home, but it can not be anywhere close to where your original property that you intend to turn rental is located. If you already have another spot or you're going to move in with someone else then refi it and rent it out. better to refi as primary then income property because you'll get better rates and you can still do FHA as primary vs income property you can not do FHA. In situations like these there are ways to get tangled up so you have to be careful. Hope I helped.
"Email me at jdawson@gracefunding.org maybe I can help!"
Reply:You will have to refi while you reside in the house. Otherwise you have to get a commercial loan which requires 30% down (or at least 30% equity in the property).
After the re-fi goes through, you had best wait a bit before turning it into a rental, say 4 to 6 months, because you will have to change your homeowner's insurance, etc. and they could report that to the bank/mortgage holder. After you have lived in a house for a while and have a good payment record, the bank will likely neither know nor care that you converted it to a rental property.
Most owners of residential income property start by "outgrowing" their first home and instead of selling it to buy a bigger home, they rent it out and buy a second house to live in. As long as you manage your rental property well and keep good tenants, the rental income pays the mortgage, taxes and other expenses and eventually you develop a nice cash flow.
Just wondering if someone knows if this legal or not?
I want to make my house a rental property but just wondering should I re-finance first and then get rental?
It is legal but if the bank asks you if it is for your residence you cannot lie. That would be the only thing that would make it illegal. As for the refi why do that. The faster you pay that house off the more you can make on rental. The morgage company will always say yes as they are making money if you do this. I have 4 rentals and try to pay them off as fast as possible. Think of what can happen if you cant rent it out and now you have to make the payment yourself.
Reply:Do you have another property as your main residence or are you looking to buy. If you refi this property and you dont have another property yet, the best a lender will give you on your new primary is a second home, but it can not be anywhere close to where your original property that you intend to turn rental is located. If you already have another spot or you're going to move in with someone else then refi it and rent it out. better to refi as primary then income property because you'll get better rates and you can still do FHA as primary vs income property you can not do FHA. In situations like these there are ways to get tangled up so you have to be careful. Hope I helped.
"Email me at jdawson@gracefunding.org maybe I can help!"
Reply:You will have to refi while you reside in the house. Otherwise you have to get a commercial loan which requires 30% down (or at least 30% equity in the property).
After the re-fi goes through, you had best wait a bit before turning it into a rental, say 4 to 6 months, because you will have to change your homeowner's insurance, etc. and they could report that to the bank/mortgage holder. After you have lived in a house for a while and have a good payment record, the bank will likely neither know nor care that you converted it to a rental property.
Most owners of residential income property start by "outgrowing" their first home and instead of selling it to buy a bigger home, they rent it out and buy a second house to live in. As long as you manage your rental property well and keep good tenants, the rental income pays the mortgage, taxes and other expenses and eventually you develop a nice cash flow.
What's a good employment agency for a finance major in New York City?
I recently graduated from Baruch and am currently trying to land an F/T job in the city but I’m not sure which agency specializes in finance or even which agency is reliable. Thanks.
What's a good employment agency for a finance major in New York City?
Can anybody from your college steer you? Don't they have a placement service at Baruch? Do you have any friends in industry in NYC who could find out what agencies their human resource department relies upon?
Reply:TRY TO WORK WITH THE DON OR DT I CALL HIM
EVEN AS AN INTERN WORKING WITH HIS NAME ON YOUR FILE WILL HELP YOU OUT
What's a good employment agency for a finance major in New York City?
Can anybody from your college steer you? Don't they have a placement service at Baruch? Do you have any friends in industry in NYC who could find out what agencies their human resource department relies upon?
Reply:TRY TO WORK WITH THE DON OR DT I CALL HIM
EVEN AS AN INTERN WORKING WITH HIS NAME ON YOUR FILE WILL HELP YOU OUT
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