Mortgage Help
benchmark lending, http://mortagehelp.blogspot.com/atom.xml, 100 home equity loan, adverse remortgage, uk homeowner loans, refinance with bad credit, best consolidation loan student, refinance with poor credit, student loan consolidation center, buyer mortgage note, federal student loan consolidation, benchmark lending, equity line, adverse credit remortgage
Thursday, June 02, 2005
Installment loans
Installment loans
Before you sign an agreement for a loan to buy a house, a car or other large purchase, make sure you fully understand all the lender’s terms and conditions:
* The dollar amount you are borrowing.
* The payment amounts and when they are due.
* The total finance charge -- the total of all the interest and fees you must pay to get the loan.
* The Annual Percentage Rate (APR) -- the rate of interest you will pay over the full term of the loan.
* Penalties for late payments.
* What the lender will do if you can’t pay back the loan.
* Penalties if you pay the loan back early.
Fortunately, the Truth in Lending Act requires lenders to give you this information so you can compare different offers.
- posted by Mark Pane @ 8:57 PM
