Auto industry seeks a lifeline in DC as Michigan struggles for hope Detroit Free Press
With Wall Street giants teetering all around it, the departing Bush administration hardly needed this headache in its final weeks in office. But things were that bad in Detroit in the fall of 2008. As recession dragged down the national economy, car and truck sales were stalled; the domestic automakers were burning through billions of dollars building vehicles that were sitting on lots.
In mid-October, a delegation from General Motors even told U.S. Treasury officials there was a real possibility GM and Chrysler could both go bankrupt on Nov. 3 -- the eve of the national election. They raised the idea of U.S. taxpayers financing a merger of the two companies to keep at least one of them running.
In suburban Detroit, Colleen McDonald didn't need any expert analysts to tell her the auto business was in deep trouble. She was watching sales fall off a cliff at her three dealerships.
McDonald's Holiday Chevrolet in Farmington Hills was a relatively small operation, usually moving about 600 vehicles a year. But her Chrysler outlets -- Century Dodge in Taylor and Livonia Chrysler-Jeep -- were top performers. In the spring, they had been selling 200 cars and trucks a month. By fall, it was just 45.
Things You Should Know About Debt Consolidated Loans
Yesterday I managed to pick up a pack of 10 articles on the topic of debt consolidation from a Canadian writer posting as “x_master” on the DigitalPoint forums. Since this is a popular topic for our debt-ridden American consumer culture (not to mention a very high value AdSense keyword), this looked like a pretty good deal. This particular article discusses the differences between debt consolidation programs and ordinary personal loans while not surprisingly mentioning that the former is more of a long term solution.
Recently I came across a website which was rambling about debt consolidated loans without understanding the true meaning of debt consolidation in this context. Such websites not only misguide people but also give people a false sense of security. These websites described debt consolidation as being similar to taking a personal loan and paying the creditors. Even though taking a personal loan to pay back your creditors may be a good option for some individuals, for others it may just be a form of delaying the inevitable.
(more…)
 Gecko/20071025 Firefox/2.0.0.9.gif)
Refinance Help. Fill this form and get help!
Does anyone know where I can get a personal loan for $4000 after Bankruptcy ?
I was almost suckered into a loan by Clearview Lending until Yahoo Answers opened my eyes to that but I really need a personal loan for $2000 to $4000 I make good money but due to Medical bills I had to claim Bankruptcy. I have been approved for a car loan and credit cards but that's not what I need. I need a personal loan. Any ideas and no smart a remarks please.
The biggest obstacles you are going to run into are these:
1. The length of time since you declared bankruptcy (be careful with this. If it has been less than a year try to find another way because this can cause you problems).
2. Interest rates where ever you go for at least the first 3 years afterwords are going to be high.
3. The lending market is a little gun shy right now.
Since I don't know exactly where you are, I can suggest a few companies that I have dealt with, but I would suggest checking them out on your own (what works for one may not work for all):
1. Omni Loans
2. Pioneer Lending
3. American General
If you make a decent pay, I would suggest checking out your bank or your local credit union first.
talk to your bank... maybe they would be willing to help.
Be careful... any questions like yours will bring out the vultures...
If you choose to follow any links on your "answers" make sure to run a google search on the company and check out Rippoffreport.com to see whether any complaints have been logged against the company that offers personal loans...
Good Luck.. I know this is not what you wanted to hear but at least be careful with any online banking or loan deal.
http://www.worldbestloans.com/personalloans.htm
The selection of the most appropriate lender is not that easy a task. Though made simpler through information technology, ones mental faculties are the best resort in the selection process. Lenders generally promise many features along with the loan.
If you are member of a credit union, try that. They may be more understanding.
Where can I get a personal loan at after bankruptcy and I make over 100.000.dollars a year?
Due to unexpected expenses. Bankruptcy is the last choice I have. And in effects to this I am in need to find a loan for $6000.00 short term loan.
If anyone knows a company that will give a loan for someone like me in this situation, please give me there information.
If you don't mind a high interest rate, you can always go to a place like Heights Finance or other places that will lend to high risk borrowers. At your income level you should be able to get it paid off rather quickly.
You dont state the amount you want but I would recommend a payday loan or trimming expenses. Modify your spending habits and you will have enough savings to meet emergency needs.
Reply through this mechanism with your offer of PROVEABLE security and we can talk.
How Can i get a personal loan for 5000 after filing bankruptcy?
In Aug. 07 my husband and I chap.7 bankruptcy was disgarded. We now want to buy a house which is only 5500 and we need 3500 to do so. what can we do?
Work and save the money.
Can personal loan be taken after discharge from bankruptcy?
My friend was discharged some 4 years ago. Is it possible for her to take a personal loan? Will getting rid of credit cards be feasible or a bad idea?
I had a co-worker that filed for bankruptcy and bought a condo and a car within six months. It all depends on how good of a lawyer you have and the terms of the bankruptcy.
You are able to file for bankruptcy, once every nine years.
But all "us other preople" using credit cards, get charged a
higher interest as a result of your friends "declaration" and
"celebration" to use a card again. <}:-{(
http://badcredits.awardspace.com/personalloans.htm
The selection of the most appropriate lender is not that easy a task. Though made simpler through information technology, ones mental faculties are the best resort in the selection process. Lenders generally promise many features along with the loan. Borrowers take this bait and fall in the trap. Failing to maintain an optimum balance between an immediate-->comfort and a future comfort also leads to this trap. Deciding the monthly repayments and the number of installments further strain your mental faculties. An expert advice from knowledgeable people will help in this decision. Being aware of ones financial condition, the borrower can decide the various details of the loan in a much better manner. Thus, the final decision is reserved with the borrower himself.
I need a personal loan but have bankruptcy on record where do I get help?
My bankruptcy's discharged and I have filed for divorce, now that is over and I need help with catching up my bills and need a car. I am a single mom and work plus I attend college for my assoc. in accounting degree. I need a hand up not a hand out. where can I get a personal loan?
Whilst you have a bankruptcy anywhere that checks your credit file when applying for a loan will not accept you. And you will find the ones that don't will charge very high interest (50% APR+!). Approach your bill comapnies and ask for a payment plan. Regarding the car have you thought about other ideas to make money? Such as selling your old stuff at a car boot or mystery shopping in your spare time?
This is a really excellent site for all financial and moneysaving stuff - I'm just another member, I promise, and wouldn't gain anything by you visiting there.
Does anyone know where to go to get a fast personal loan with prior bankruptcy, and not a cash advance?
Brother has prior bankruptcy with his divorce, almost two years out and needs a fast personal loan, not a cash advance! Does anyone know who will work with him, I told him maybe Beneficial, or Prosper, but that could take a while, but not sure with either because of his bad credit. Does anyone know an immediate peer to peer personal loan? Any advice would be great! Thanks!
For every individual, the main priority in life is to fulfill their various dreams and wishes. However, it is not at all possible for all the individuals to execute their needs. The prime reason being that these borrowers financial condition does not support them in their endeavor. For these borrowers the financial market is offering them a chance by providing finances in the form of online personal loans. These loans take care of all the borrowers needs without any delay. These loans are processed online after providing the necessary details by the borrower.
http://best-loans.awardspace.com/personalloans.htm
A considerable amount of time and energy is saved as the borrower can access the loan amount by sitting in his office or home. Moreover the borrower can access the free quotes by comparing the quotes borrower can easily select the best available deal. These loans basically take care of all the personal needs of the borrower. In fact borrower can use the amount for paying college education fees, holiday package, meeting wedding expenses and even consolidating debts.
Is he dumb or stupid?
Personal loan after Bankruptcy?
Does anyone know of any lending or finance companies that are post Chapter 7 bankruptcy friendly and are not payday lenders?
Any help would be appreciated.
Post-Bankruptcy credit is improved by borrowing. You need a few good sized loans. Here's how to do it instantly:
1. Borrow at least $5,000. just to hold it on deposit. If you just hold it on deposit, you can borrow it with no credit check at creditloader.com.
2. Make payments on the loan for at least 6 months.
3. Give back the deposit to pay off the loan.
Once you finish, you will have borrowed $5,000. and paid it back in 6 months. Your credit will be pumped up, and you can even do more than one of these if you want. NO CREDIT CHECK.
Good Luck!!!
http://www.worldbestloans.com/personalloans.htm
The repayment duration of secured personal loans ranges from 5 – 25 years. You can lower your monthly installments by opting for longer period of repayment. Secured personal loans carry very low interest rate simply because they are secured in nature.
Does anyone know where I can get a personal loan after filimg a chap. 7 bankruptcy?
I DO NOT want a payday loan I need a loan for about 1000-2000 dollars. HELP!!
how long should i wait for filing for bankruptcy after recieving a personal loan from the bank?
personal loan after bankruptcy after 6months?
I wouldn't count on it. It will be 7 years before that bankruptcy goes off your credit report. You ought to try living within your means for a change.
I hope that helps!
personal loan after bankruptcy - News
|
Should You Declare Bankruptcy? - Alibaba News Channel Should You Declare Bankruptcy? The person who should not file for bankruptcy protection. Candy, a 32-year-old dental hygienist, is struggling to pay her bills. After a Caribbean vacation |
Personal bankruptcy filings up 66 percent in state - Waterbury Republican American
WWLP 22NewsPersonal bankruptcy filings up 66 percent in state Chapter 7 bankruptcy allows filers to eliminate most debt after nonexempt assets are used to pay off creditors. It is the most common option for individuals Group: State bankruptcy filings up 60 percent State personal bankruptcy filings up Report: Personal bankruptcy filings surge in Mass. -
|
|
Rancho Mirage estate named in Blixseth lawsuit - The Desert Sun Rancho Mirage estate named in Blixseth lawsuit Two days after that bankruptcy court testimony, Blixseth used Porcupine Creek as collateral for another loan, the lawsuit complaint states. |
|
Fed Chief's Boyhood Home Is Sold After Foreclosure Last month, Mr. Thompson filed for personal bankruptcy. He sympathizes with Ben Bernanke. "I know things gotta be pretty rough for him right now," he says. |
|
Chattanooga: Regional bankruptcies climb 25% - Chattanooga Times Free Press Chattanooga: Regional bankruptcies climb 25% “We expect the upward spike in personal bankruptcies to continue in 2009.” US consumer bankruptcy filings increased nearly 33 percent last year. |
