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Payday Loans: 24*7 available.
Payday Loans are best for all those who are in need of small amount of money for meeting small requirements. As salaried person you may face a situation when you feel shortage of money. Shortage of money does not mean an end to your dreams. Keep alive your entire dream until the point you have even a single drop of blood in you. The money lending business will act as a pool between you and your dream.
Payday Loans are approved against your next month salary. To get approval for the fund you just need to be an earning person with minimum salary of at least £1000. Also you must be an U.K. citizen who have crossed the age of 18 years. To get the funds you will also need to have a checking bank account on your name.
The fund that a person can avail under this finance will be in the range of £100-£1500. this loan is short termed and the borrowers will be asked to repay the amount within 14 to 31 days. The interest rate of this fund is usually high as the loan is 100% hassles-free and no property collateral is required to get the approval for the loan. One may find some lenders offering very cheap rates online.
These loans amount can be successfully used by the borrowers to fulfill their urgent need that has come in the way. The emergency can be defined differently by different people. May be a short holyday can be emergency to somebody and the arranging the fund will be of crucial importance to him. The lenders will not put any question mark on the kind of emergency you are facing. They will even not ask you the purpose for what you need the loan.
These loans are available 24 hours a day. One can apply any time for the fund either it midday or midnight. The money will be in your account in maximum 24 hours of approval.
The finance can also be availed by the bad credit holders. It is based solely on borrowers current financial position. The lenders have nothing to do with your past.
How to Get a Countrywide Loan Modification
Getting a Countrywide loan modification is easier than ever. The lender has started a streamlined approval process and their debt to income requirement has fallen to 34%. If you’re looking to get a countrywide loan modification, keep the following points in mind to make your chances for approval rise and to take a load of stress off your shoulders filling out the paperwork and waiting to get a response.
You’re statistically more likely to be approved if you know Countrywide’s requirements first. A few lenders do have the information online, but in most cases you will need to call and speak to their loss mitigation department to get the requirements. You can also get the details on their modification programs from the loss mitigation department.
You can either choose to handle your countrywide loan modification yourself, or you may hire some assistance. Under the Home Affordable Modification Program all homeowners attempting to get a modification are eligible to speak with an FHA representative and to possibly have them negotiate with Countrywide. There are also modification companies available to give you the same services as the FHA reps, but for a fee. These are useful if the wait for an FHA representative is too long. It’s recommended to get assistance when trying to get a modification from Countrywide.
You don’t just have to fill out the application for modification, you also have to write a hardship letter to explain why you need to have your mortgage modified. The hardship letter may seem intimidating, but there are plenty of sources on line for samples and tips on writing it. If you use some sort of specialist, they will help you write up the letter.
It’s worth mentioning that Countrywide only accepts modifications on mortgages started between January, 2004 and December, 2007. Also that Countrywide is now owned by Bank of America, meaning that their requirements are identical to those of Bank of America.
If your mortgage is under Countrywide, it shouldn’t be too difficult to get a modification as long as you are backed by some sort of professional. Their approval rate has skyrocketed, though their program selection isn’t great.
Also keep in mind that it takes eight weeks for a Countrywide loan modification to be approved. So while a loan modification can help you, it is not an instant solution. What’s more is the modification is not an excuse to not make your payments. Be prompt with your monthly payments while awaiting approval.