Comments for Borrowscape http://borrowscape.com Loans, cash advances, mortgages, and payday borrowing Thu, 03 Mar 2011 16:00:58 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on payday loans?? by Gillian G http://borrowscape.com/2011/03/03/payday-loans-2/comment-page-1/#comment-64 Gillian G Thu, 03 Mar 2011 16:00:58 +0000 http://borrowscape.com/2011/03/03/payday-loans-2/#comment-64 There are times when we all run out of money and if there is no other way of raising the money then a payday loan might be the only answer. Yes, they charge a fee $ 30 - $ 50 (?) but don't get hung up about this. If you are absolutely sure to pay the money back when it's due, this is all you'll have to pay. The problem people get into is when they DON'T pay it back when due. There are quite a lot of places where you can get a payday loan online, and you are quite right to check them out at BBB. Here's a website with lots of links where you can shop around and find something that suits you. I hope this helps. Good luck! There are times when we all run out of money and if there is no other way of raising the money then a payday loan might be the only answer.

Yes, they charge a fee $ 30 – $ 50 (?) but don’t get hung up about this. If you are absolutely sure to pay the money back when it’s due, this is all you’ll have to pay. The problem people get into is when they DON’T pay it back when due.

There are quite a lot of places where you can get a payday loan online, and you are quite right to check them out at BBB. Here’s a website with lots of links where you can shop around and find something that suits you. I hope this helps.

Good luck!

]]> Comment on How will food stamps effect my credit history? by rtfm http://borrowscape.com/2011/03/01/how-will-food-stamps-effect-my-credit-history/comment-page-1/#comment-48 rtfm Tue, 01 Mar 2011 18:27:11 +0000 http://borrowscape.com/2011/03/01/how-will-food-stamps-effect-my-credit-history/#comment-48 Your credit history is a record of your credit -- whether you pay your debts on time. If you owe money and don't pay it, you will have a negative rating on your credit score. Food stamps are not a debt that you owe. They won't affect your credit. Your credit history is a record of your credit — whether you pay your debts on time. If you owe money and don’t pay it, you will have a negative rating on your credit score.

Food stamps are not a debt that you owe. They won’t affect your credit.

]]> Comment on Borrowing money? If I let someone borrow money what is the best way to ensure that I get my money back? by t Preston http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/comment-page-1/#comment-25 t Preston Thu, 24 Feb 2011 00:20:30 +0000 http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/#comment-25 Don't not loan out money that you cannot afford to lose.Also the best way lose your friend is to loan them the money.You will be lucky if you see your money back again. You work hard for your money to just give away. Tell your friend to go to the bank for that kind of money. People love to borrow money but hate to pay it back. But its up to you. Don’t not loan out money that you cannot afford to lose.Also the best way lose your friend is to loan them the money.You will be lucky if you see your money back again. You work hard for your money to just give away. Tell your friend to go to the bank for that kind of money. People love to borrow money but hate to pay it back. But its up to you.

]]> Comment on Borrowing money? If I let someone borrow money what is the best way to ensure that I get my money back? by Milanese http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/comment-page-1/#comment-23 Milanese Wed, 23 Feb 2011 23:18:38 +0000 http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/#comment-23 The only way to be 100% sure you'll get it back is the way banks ususally do it - get a collateral. Otherwise you'll be wishing upon a star. Have fun! The only way to be 100% sure you’ll get it back is the way banks ususally do it – get a collateral.

Otherwise you’ll be wishing upon a star.

Have fun!

]]> Comment on Borrowing money? If I let someone borrow money what is the best way to ensure that I get my money back? by r2mm http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/comment-page-1/#comment-22 r2mm Wed, 23 Feb 2011 22:21:24 +0000 http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/#comment-22 Set up a repayment schedule, stating how much is due on specific dates. You are well under the gift tax limits, so you don't need to worry about collecting interest, unless you want to. Getting your money back all depends on the credit worthiness of the borrower. But putting the repayment plan in writing and having it signed and dated by all parties will be very helpful if you have to take a default loan to the courts. Set up a repayment schedule, stating how much is due on specific dates. You are well under the gift tax limits, so you don’t need to worry about collecting interest, unless you want to.

Getting your money back all depends on the credit worthiness of the borrower. But putting the repayment plan in writing and having it signed and dated by all parties will be very helpful if you have to take a default loan to the courts.

]]> Comment on Borrowing money? If I let someone borrow money what is the best way to ensure that I get my money back? by WyoGirl36 http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/comment-page-1/#comment-21 WyoGirl36 Wed, 23 Feb 2011 21:41:39 +0000 http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/#comment-21 I wouldn't lend it to them unles its someone you trust VERY much. i mean, think of why they need 5 grand, they obviously havent handled money well or something, or they would probably have that money. unless it is a dire emergency like life and death, i would suggest telling them to find some other way to get the money. good luck I wouldn’t lend it to them unles its someone you trust VERY much. i mean, think of why they need 5 grand, they obviously havent handled money well or something, or they would probably have that money. unless it is a dire emergency like life and death, i would suggest telling them to find some other way to get the money. good luck

]]> Comment on Borrowing money? If I let someone borrow money what is the best way to ensure that I get my money back? by cool http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/comment-page-1/#comment-20 cool Wed, 23 Feb 2011 21:40:26 +0000 http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/#comment-20 way to risky way to risky

]]> Comment on Borrowing money? If I let someone borrow money what is the best way to ensure that I get my money back? by Angie http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/comment-page-1/#comment-19 Angie Wed, 23 Feb 2011 21:30:51 +0000 http://borrowscape.com/2011/02/23/borrowing-money-if-i-let-someone-borrow-money-what-is-the-best-way-to-ensure-that-i-get-my-money-back/#comment-19 Lending money is always a risk. The more money, the riskier. You need to write up an agreement with this person. Include the amount, the length of the loan, interest rate and when payments are due (monthly, annually, lump sum). Both of you need to sign this. If he/she doesn't not pay you back, then you need to file with small claims court and present this document. It still doesn't guarantee payment, but it's the best that you will be able to do. Lending money is always a risk. The more money, the riskier. You need to write up an agreement with this person. Include the amount, the length of the loan, interest rate and when payments are due (monthly, annually, lump sum). Both of you need to sign this. If he/she doesn’t not pay you back, then you need to file with small claims court and present this document. It still doesn’t guarantee payment, but it’s the best that you will be able to do.

]]> Comment on Check Cashing? by Goody2shoes2 http://borrowscape.com/2011/02/22/check-cashing/comment-page-1/#comment-17 Goody2shoes2 Tue, 22 Feb 2011 21:36:19 +0000 http://borrowscape.com/2011/02/22/check-cashing/#comment-17 Yes they could put a hold on your cheque. It happened to me. The bank could garanshe(? the right word)wages too this also happened to me! I had to do a job under the table or underground meaning not let anyone know except who I was working for. I couldn't even report it to Canada Revenue cause if I had those wages would be garanisheed too! It's best to not get overhead in your bills. Me now adays I do strictly cash or barter deals.. The only bill I have is a telephone bill. Telus won't accept barter deals and they have penalties if U advance pay! Fairtrades act outweighs the privacy act! Yes they could put a hold on your cheque. It happened to me. The bank could garanshe(? the right word)wages too this also happened to me! I had to do a job under the table or underground meaning not let anyone know except who I was working for. I couldn’t even
report it to Canada Revenue cause if I had those wages would be garanisheed too! It’s best to not get overhead in your bills. Me now adays I do strictly cash or barter deals.. The only bill I have is a telephone bill. Telus won’t accept barter deals and they have penalties if U advance pay! Fairtrades act outweighs the privacy act!

]]> Comment on Check Cashing? by tewarienormy http://borrowscape.com/2011/02/22/check-cashing/comment-page-1/#comment-14 tewarienormy Tue, 22 Feb 2011 20:15:23 +0000 http://borrowscape.com/2011/02/22/check-cashing/#comment-14 yes, talk to the bank manager about privacy. The check is yours to do as you pleases. yes, talk to the bank manager about privacy. The check is yours to do as you pleases.

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