Defaulting is a civil crime and not a criminal crime. Hence, the police cannot arrest the defaulters. However, the defaulters are liable to pay off the de...
When drafting a Letter of Explanation for Bankruptcy, you need to state the reason you are submitting this explanation, record the type of bankruptcy you ...
The document is also rendered admissible in court as tangible evidence once it is notarized. Notarization also prevents fraud among legal documents and co...
Florida’s usury laws, set forth in F.S. Ch. 687, prescribe a maximum rate of interest of 18 percent on loans of less than $500,000. On loans that exceed $...
Under the plan, lenders can get a “property inspection waiver.” Fannie Mae will accept the lender’s valuation without an appraisal. If it later turns out ...
If you die, your federal student loans will be discharged, meaning no further payments will be required. Your parent, spouse or another person you appoint...
Community housing and public housing are very similar. The main difference is that community housing is provided by not-for-profit community organisations...
Answer. “Car loans typically use a simple-interest format, meaning that the interest you owe on the payment date is based on the principal on that same da...
fixed-rate financing With fixed-rate financing your loan’s interest rate won’t fluctuate over the life of the loan — meaning you’ll know exactly how much ...
American Education Services (AES) is a federal loan servicer that processes FFEL loans. While the FFEL program was discontinued, AES still handles borrowe...
