Unsecured Debt Loan Information And More (money laundering news)
By bestyet77
Unsecured debt loan finance programs are the most popular type of financing offer that most folkls think of when they are searching for methods to get the money that they need.
Most people overlook the possibility of applying for a secured loan. If you have no credit or bad credit, this type of plan many save you hours of wasted time. You can easily get approved by your local lender if you were willing to put up your house or automobile as collateral. This will insure that you receive the cash that you need even if your credit is poor . The down side of this option is that the lender or the bank can take your home or car if you are not able to make your payments.
In some cases, secured debt programs could be the only option that is available to you to get approved. This would really be your only option to get approved if you have closed accounts that have never been paid off. If you just have a few late payments you could still stand a chance of getting approved for a unsecured loan.
Another benefit of a secured loan is the fact that the terms of payments could be set for up to 10 years. This would help to lower your monthly payment by as much as 50%. This would free up your monthly income cash and you could also pay the loan off early.
Now if you have fair or good credit, you would be a good candidate for the more conventional lending programs. You will need to keep in mind that your loan amount will only be limited to your present income minus your monthly debt payments. If you have some credit, you can probably get approved for a short-term loan in a small amount. If you are looking for a fairly large unsecured loan, you would be required to have good credit. The other option is to get a cosigner to back your application. Just make sure that your cosigner has good credit. Sometimes it is a little difficult for a cosigner to sign on the dotted line because they already know that you could damage their credit if you do not make your payments on time.
One of the things you could do to increase your chances of getting approved for a unsecured loan, is to start at a lower loan amount, and make all of your payments on time. After a period of six months, you could reapply for a larger loan amount. The lender would be more than willing to give you a higher amount because you have established a track record with their company.
If you have a really bad credit you would be a good deal better off to apply with companies that specialize only in the poor credit market. This way you will avoid the problem of excessive inquiries on your credit report and you would greatly increase your chances of getting approved. There are many companies online that offer free online applications for individuals that have no credit or poor credit. They even offered no credit check loans. The loan amount offered maybe a bit limited, but you stand a good chance of getting approved with your first loan application.
My name is Larry Kearney and I have been working in the finance and loan industry for over 11 years.
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What About Forensic Loan Audits?
By Nick Adama
With all of the current plans and ideas that the housing industry and government are trotting out to help homeowners save their homes from foreclosure, it seems new terms and acronyms are being invented everyday. One of the most confusing that has come into common usage is a “forensic loan audit,” which is being sold to numerous borrowers.
But what is a forensic loan audit, anyway? Banks will not just accept one of these as a solution to foreclosure, so why are owners being sold more and more of them? These are the questions that any company selling such services must address when meeting with foreclosure victims who are trying to use their reduced financial resources in the most effective manner.
A forensic loan audit is a detailed examination of the original deed of trust documents, from the closing of the real estate transaction to any refinances, second mortgages, and transfers of servicing rights or ownership of the note between companies. The goal is to find enough errors or evidence to show a possible predatory lending case against the bank.
The main reason to obtain a forensic loan audit is to show the lender that it would make much more sense just to change the mortgage than to foreclose on the property and risk a lengthy defense. If the borrowers can show enough errors were made on their loan, it will become very difficult for the bank to get a default judgment and move quickly towards the sheriff sale of the home.
Thus, a forensic loan audit is more like an insurance policy than anything else. For a few hundred dollars, borrowers can go to their bank, show them how difficult it would be to pursue a foreclosure lawsuit, and then negotiate for a loan modification, short sale, or other alternative to foreclosure instead.
Forensic loan audits are most recommended for borrowers who are dealing with a particularly difficult bank. When they are unable to move forward in negotiations and the lender is not helping, the process may need to be pushed forward. A list of errors and evidence of lender misconduct may be just the stimulation the bank needs to keep working on a solution.
A loan audit would also be recommended for borrowers who are dealing with the bank on their own. Those represented by an attorney or third party may not have to worry as much about this service, but those homeowners dealing with the banks themselves may need an extra bargaining chip. In some cases, such an audit can be extremely helpful.
Nick publishes articles for the ForeclosureFish blog and website, which provide foreclosure advice and information to homeowners in danger of losing their homes. The site has nearly 800 free articles on various aspects of the foreclosure process, what options can be used to stop it, and how to recover afterwards. Visit the site today to read more and find out how you can stop losing your home before it is too late: http://www.foreclosurefish.com/
Pandiyat-I Jawanmardi
By Ibrahim Machiwala
”The Pandiyat-i Jawanmardi (maxims of fortitude) is a collection of the advices of Imam Mustansir billah (d. 880/1475), which had been compiled in the time of Imam Abdus Salam (d. 899/1493). The word pandiyat is the plural of pand means advice, and jawanmardi means manliness. The term jawanmardi is the Persian translation of fata means young man or brave youth. The Koran (18:10) called the Seven Sleepers fityan (pl. of fata). This term generally was connected with Ali bin Abu Talib, as the sentence of the hadith goes: “There is no fata but Ali, and no sword but Zulfikar”
It contains the advices (pandiyat) for the true believers (mu’minin) and to those seeking to attain the exemplary standards of manliness (jawanmardi). It is divided into three sections, viz. Pandiyat great (115 parts), Pandiyat small (105 parts) and twelve Jawanmardi (12 parts), also incorporated with few farmans of Imam Abdus Salam. It deals with the advices to the believers on ethics, humanity, behavior, etc.
The Ismailis are referred to by the Sufic sounding terms as ahl-i haqq and ahl-i haqiqat (the people of the truth), while the Imam himself is termed as pir, murshid and qutb. It is venerated as a Pir or hujjat in India, and is read in Yarkand, Gilgit, Hunza, Chitral, Badakhshan, and Iran.
Syed Nur Muhammad Shah (d. 940/1534) stands an earliest source to make mention of the Pandiyat-i Jawanmardi that, “Mustansir billah then became the Imam, who executed much works in the world. He narrated Pandiyat into the Persian, also exhorted therein the Jawanmardi” (Satveni-ji Vel, 108:9-10).
The Indian tradition however has it that Imam Abdus Salam delivered Kamadia Kapura a copy of the Pandiyat-i Jawanmardi, ranking it as the 29th hujjat or pir. The copy was placed on the gadi of the Mukhi in the Jamatkhana in Sind. The Ismailis paid their homage confessing it as a Pir. It exercised the authority of hujjat or pir for about 80 years till the appointment of next 30th Pir Hyder Ali in 960/1552 in the period of Imam Khalilullah Ali (d. 993/1585). The tradition further relates that when Imam Khalilullah Ali resolved to appoint the 30th Pir for India, he summoned Mukhi Shamdas Kapura of Sind with an original copy of Pandiyat-i Jawanmardi. A ceremony was performed to take away the authority from the book and transfer it to Pir Hyder Ali.
W. Ivanow comments on Pandiyat-i Jawanmardi that, “The book, or its greater part, was compiled under Shah Abdu’s-Salam who succeeded Imam Mustansir bi’l-lah and thus really was the Imam of the time when the compiler was engaged in writing. The enigmatic passage on p. 56 may be easily explained if we suggest that Mustansir bi’l-lah told his followers not to disclose his own identity to outsiders, nor of the Imam of one’s time generally. And as the Imam of the time at the moment when the compiler was writing was Shah Abdu’s-Salam, he automatically mentioned his name.”
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Mumtaz Ali Tajddin S. Ali is an popular Ismaili Scholar, He has written many articles on Ismaili Imam, Ismailism, and Pandiyat-I Jawanmardi from Encyclopedia of Ismaili.
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