Question by HelloWorld: Can cosigning for friends college loan impact personal credit rating or score? I am trying to buy a house however my friend needs me to sponsor her college loan. If I signup to be her cosigner, would that directly or indirectly impact my creadit rating or score? I would like to help [...]
Question by Needs The Answers! ): What is the difference between a regular loan and a “Daily Simple Interest Loan”? ? Is it that you pay more interest in the beginning of you loan? We financed our truck about 6 months ago at (an outrageous) 16% interest rate where the interest is accrued daily. Basically [...]
Question by ALLDAYEACHDAY: Where can I get a “bad” credit loan? I need a loan for about $ 5k to pay off some debt I have gotten myself into. I don’t want a payday loan due to the very high/predatory interest rates but I do want a reputable company. I am looking to pay the [...]
Question by Jen: Inquiries on Credit report? I didn’t know before that even if I have no credit history/ credit score, the inquiries (when the lenders/creditors pull up a credit check on you) can show up on the report. People say that this can harm approvals for future loans/ credit cards…How long will the inquiries [...]
Question by Genxandy: How is it legal for employers to do a credit check on potential employees? It’s illegal to discriminate on a credit score, so how is it legal for employers to do a credit check? I knew an accountant who embezzled money from the company. She had excellent credit. So did those CEO’s [...]