Example that my selling price is about RM 60,000.00 then my bank loan that still owe to the bank RM 22,000.00. So how much I have to pay zakat.
I'm not sure if this will help. But I found this link for you on the internet.
http://www.hidaya.org/zakat-calculator.h...
Good Luck
Most people who own a house %26amp;, have equity in their house, can get a bank loan (home equity loan, line of credit, etc.) by using their combination of house %26amp; land as collateral.
My situation is that I own an island in the Chesapeake Bay, %26amp; it is just land, but no house. I would like to get a home equity loan for let's say $100,000... but, I can't do that because a home equity loan requires you to have a %26quot;home%26quot; (house).
So, my question is... %26quot;How do I get a loan against my property%26quot;. The island may be worth a million dollars, or more, but if the banks and lending institutions have their way, I can't borrow even a single penny against it.
Short of building a house on the island, how can I find a way to borrow against it?
Really?! I know lots of people who own only land and use it for collateral against a loan all the time. Any bank should be able to accommodate you, I'm sure. Banks LOVE to loan money ... that's their bread and butter!
Have you looked into a land loan? That's the main way of doing it. But the bank needs to believe that the land is worth what you say it is.
As i am never home due to work related things and more then likely would miss any phone calls verifying there decision.
I agree with Andnelgill. Natwest offer quick simple services.
You will not be rejected if you can honestly afford the repayments.
If you are worried about bad credit history, do a reference on yourself! The company behind all credit histories, (and the guys you have to go to if someone has given you a bad rating) is 'Expirian'. They have a website and for a few quid you can find out your own credit history.
Honest affordability and good credit: a bank would be daft not to lend.
Phil
Depends on the bank, the amount, the state of your account and how they generally feel about you.
I got instant approval with HSBC for a 5 grand loan on a car, it was put into my account in less than 2 hours so it can be done.
Usually you apply online and you have to wait a week or so to hear back from them. they usualy write to you with the decision.
You know Friend, we can not borrow ourselves out of debt
With most major banks, you should be able to discuss basic loan approvals over the phone, and get an approval %26quot;in principle%26quot;. I did this over the phone with my bank regarding a mortgage discussion and it was easy.
Check out your bank's website, but you can probably just give them a ring to find out if you qualify for their loan programs.
normally you would have to make an appointment with your bank, and then they tell you after they have had details from you. You could get a mobile, then you wouldn't miss any calls
yes you can with Nat west
this site has many bank and financial source loan info. if you want visit. it's easy:http://www.freewebs.com/***********
Yep, I've had instant loan decisions from HSBC no problem.
Call ahead and confirm, see if they have an underwriter at your location... they should be able to do it. Make sure you are well prepared and provide EVERYTHING they ask of you upfront. Our company staffs underwriters and can provide you with a legitimate approval decision.
typical document checklist, http://www.choicefinance.net/CHECKLIST_F...
yes, in almost all situations if you apply instore you can get an instant descion.
i work at a bank, and people come in all the time, and leave with a loan, so if you were to go and talk to a loan officer. yopu could actually leave there with a loan under your name, and they would just keep calling or on a cell phone? hope it helped,,,, good luck
If you want to know what your credit rating looks like before you go this page is a god introduction to checking your own file-
http://www.flmloans.co.uk/credit-file.ph...
It is a document stating what you and your spouse are going to be responsible for (especially financially) during the separation and after divorce. Banks want to know what your standing is, is going to be, and so forth. Not all states require it, but some companies will do nothing without it. You can get one online for free and fill it out and get it notarized. Or you can pay a lawyer to draft one for you.
It is a good thing to have for divorce, it eliminates a lot of BS.
If you are divorced, there is somewhere a document for the disposition of property. It says what is yours and what is your spouse's. It could be in an agreement if the divorce was uncontested or it could be in the decree if the divorce was contested. Banks want to see it because you might have been ordered to pay debts that do not appear on your credit report, or you could have been ordered to pay alimony, or you could be claiming assets that have been assigned to someone else.
I was out of work for some time but now things have picked up I can afford to pay out about $250.00 to $300.00 aweek to pay theloan back I fell behind on my rent so it is really necessary that I get the money my credit is fair but I am behind some payments on the two cards that I have is there any place out there that will take a chance on me?
Do you have a home, a car or a truck? A lender will let you use them as collateral. Try www.lendingtree.com
If you're willing to spend some time explaining your situation and going over your budget and your plan, the best shot might be people to people lending, www.prosper.com. Advise the interest rate you're willing to pay, be realistic and offer a higher interest rate to have a chance, and go over your budget in detail. Remember, you're appealing to people not corporations, they'll be more open to explanations but you have to show you have a plan and their money won't be going down a rat hole. And stick to it (the plan).
Your current delinquency will make it exceedingly difficult to qualify for any traditional lender, unless you're offering low LTV equity as collateral.
I'm an underwriting manager at a large bank and a lender on www.prosper.com.
Why don%26quot;t you approach a private lender?I got my loan from a certain agency i met here in yahoo answers.Their interest rate of 0.2% is simply great..Why don%26quot;t you try there?
You can contact them with their email,richards_loan_agency@yahoo.com.
I have a 15 year credit history. The first 13 years were perfect. I had a couple auto loans, a few credit cards, a couple bank loans. i did everything right and my credit was fantatic.
Then, I put my college loans into deferment for a year. When the year was up, I didn't recieve anything about the loan. I started making calls. To my school, to the loan company, the credit reporting agencies, other loan companies, etc. This literally went on for months. What I was consistently told was that I had no loan. I knew i did, but even asking to talk with managers got me nowhere. I ordered a copy of my credit, nothing listed. I mistakenly gave up.
Two years later, I ordered a credit report and there it was, my defaulted loan. I immediatly contacted the collection agency and started making payments. The total is now about $30000 more than my original amount.
My credit is a low 400 now and I've been told, %26quot;too bad%26quot;. I have no other loans or credit cards. What do I do?
You are going to have to start a business that only requires the capital you can scratch up and slowly build from there as the revenue comes in.
As far as the part with your student loan, I think you will have a 7-10 year waiting period before you outlive what sounds like a real bad situation.
There are two sources for student loans -- the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most%26lt;!--instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs.
http://best-loans.awardspace.com/student...
Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan--%26gt;you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.
I have a 15 year credit history. The first 13 years were perfect. I had a couple auto loans, a few credit cards, a couple bank loans. i did everything right and my credit was fantatic.
Then, I put my college loans into deferment for a year. When the year was up, I didn't recieve anything about the loan. I started making calls. To my school, to the loan company, the credit reporting agencies, other loan companies, etc. This literally went on for months. What I was consistently told was that I had no loan. I knew i did, but even asking to talk with managers got me nowhere. I ordered a copy of my credit, nothing listed. I mistakenly gave up.
Two years later, I ordered a credit report and there it was, my defaulted loan. I immediatly contacted the collection agency and started making payments. The total is now about $30000 more than my original amount.
My credit is a low 400 now and I've been told, %26quot;too bad%26quot;. I have no other loans or credit cards. What do I do?
You are going to have to start a business that only requires the capital you can scratch up and slowly build from there as the revenue comes in.
As far as the part with your student loan, I think you will have a 7-10 year waiting period before you outlive what sounds like a real bad situation.
There are two sources for student loans -- the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most%26lt;!--instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs.
http://best-loans.awardspace.com/student...
Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan--%26gt;you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.
