If the startup is charged a high interest rate — let’s say 12 percent — the monthly payments on that loan are $1.4 million. With a loan guarantee it has a chance of getting a more reasonable interest rate, of let’s say 6 percent, which brings the monthly payments to …..
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15Apr
Jeff Nabers' Self Directed IRA & Solo 401(k) Blog » Solo 401(k …
Filed Under: Nonrecourse Loan by: Wisdom of Finance
Well, as of this month, NASB has expanded their loan products to include a nonrecourse loan program for self trusteed Solo 401(k) plans. I caught up with Matt Allen to discuss the great news on UNLIMITED RETIREMENT ACCOUNT® Radio.
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10Apr
Corruption: Mystery Shoppers Expose Refund Anticipation Loan Abuse …
Filed Under: Refund Anticipation Loan by: Wisdom of Finance
According to a new secret shopper study being reported by the National Consumer Law Center, there is evidence that consumers are being systematically mislead into signing up for Refund Anticipation Loans and that other, more consumer …
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01Apr
The Rulnick Report: Chase: Second Lien Holder
Filed Under: Second Lien Loan by: Wisdom of Finance
Chase: Second Lien Holder. Today I received a call from a negotiator from Chase, the second mortgage holder on one of my listings with a short sale offer. The gentleman was refreshingly nice, I must say
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