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What is an equity release loan?
Asked by unknown
1 Answers
There are two main types of equity release plan: With a lifetime mortgage, you take out a loan, secured on your property, and receive that amount as a tax-less lump sum. Instead, the interest rolls up, and the loan plus interest is repaid after your death, when the property is sold.
Can one get a loan for a motorcycle with bad credit?
Asked by unknown
1 Answers
However, applying to many lenders at once can actually hurt your credit score further. You should also know that not all lenders are ideal for a motorcycle loan. Apply only to lenders that specialize in consumer loans or in motorcycle loans. Loans made to people with bad credit may have higher interest rates.
How long can one finance a new motorcycle?
Asked by unknown
1 Answers
When you consider financing a motorcycle or ATV, take advantage of Mountain America's flexible lending period. For example, the loan period can be as long as 72 months (or six years). So, when calculating the monthly note for a motorcycle or ATV, factor in: The total cost of the vehicle.