Welcome, visitor! [ Login

Premium WordPress Themes - AppThemes

Comparison Loan Shopping

Loan Lenders- Loan advices October 7, 2016

Comparison Shopping

If you do need to borrow money, it pays to comparison shop. When comparison shopping for loans, look at both total dollar costs and the APR. Payday lenders, for example, typically charge about $15 for every $100 borrowed. So, on a $500 loan for two weeks, you would pay $75 in interest. That might not sound like a lot of money to pay for a small loan, but it translates to a whopping 391 percent APR!

 If you renew or roll over the $500 loan for another two weeks, you would pay an additional $75 in fees. At that rate, in just 14 weeks, you will owe more in fees ($525) than the original loan!

No Tags

80 total views, 2 today

  

  • Maximum Loan Limits for Loans Originated in Fiscal Year 2011-New York-NY

    by on December 30, 2016 - 0 Comments

    Fannie Mae and Freddie Mac Maximum Loan Limits for Loans Originated in Fiscal Year 2011 (10/1/2010-9/30/2011) These limits were determined under Public Law Number 111-242, which sets maximum loan limits equal to the higher of the maximum limits determined under the Economic Stimulus Act of 2008 and the Housing and Economic Recovery Act of 2008. […]

  • Mortgage loan Lenders -Minnesota-F

    by on December 20, 2016 - 0 Comments

    F AND M BANK-CANNON VALLEY FHA MORTGAGE DEPARTMENT 715 STAFFORD ROAD N DUNDAS, MN  55019 Phone: (507) 645-8825 FARMERS AND MERCHANTS STATE BA FHA MORTGAGE DEPARTMENT 126 101 N MARSHALL SPRINGFIELD, MN  56087 Phone: (507) 723-4234 FARMERS STATE BANK NEW LONDON FHA MORTGAGE DEPARTMENT 1690 SOUTH FIRST STREET WILLMAR, MN  56201 Phone: (320) 235-5900 FIRST […]

  • Maximum Loan Limits for Loans Originated in Fiscal Year 2011-New Mexico- NM

    by on July 11, 2017 - 0 Comments

    Fannie Mae and Freddie Mac Maximum Loan Limits for Loans Originated in Fiscal Year 2011 (10/1/2010-9/30/2011) These limits were determined under Public Law Number 111-242, which sets maximum loan limits equal to the higher of the maximum limits determined under the Economic Stimulus Act of 2008 and the Housing and Economic Recovery Act of 2008. […]

  • Maximum Loan Limits for Loans Originated in Fiscal Year 2011-Washington -WA

    by on July 31, 2017 - 0 Comments

    Fannie Mae and Freddie Mac Maximum Loan Limits for Loans Originated in Fiscal Year 2011 (10/1/2010-9/30/2011) These limits were determined under Public Law Number 111-242, which sets maximum loan limits equal to the higher of the maximum limits determined under the Economic Stimulus Act of 2008 and the Housing and Economic Recovery Act of 2008. […]

  • Mortage Loan Lender-Texas-38

    by on August 24, 2017 - 0 Comments

    TRAVIS MORTGAGE CORPORATION 400 WEST 15TH STREET AUSTIN, TX  78711 Phone: (512) 476-7466   TRI STATE MORTGAGE CO FHA MORTGAGE DEPARTMENT 6090 SURETY DRIVE SUITE 102 EL PASO, TX  79905 Phone: (915) 772-1177   TRI-STAR MORTGAGE INC FHA MORTGAGE DEPARTMENT 10205 OASIS STE 305 SAN ANTONIO, TX  78216 Phone: (210) 342-5155   TRINITY FINANCE CORPORATION […]