An equity loan would be the type of loan offered, since the loan is based on equity in the land. Since the mortgage meltdown, many higher risk loans have been eliminated.
Land loans are considered high risk since no improvement has been made to increase its value, it is easy to "walk away from" if finances get tight. Go to a credit reporting agency to get credit reports. (See Resources). Land loans may be hard to find, so looking your best on a loan application will be very important.
Com does not have an available lender, you will not be connected to a lender. In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps.
If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction. You are urged to read and understand the terms of any loan offered by any lender, whether personal loan idbi bank salaried people or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.
The purpose of shorter duration loans is to provide the borrower temporary financial relief.
4 To be eligible for this optional fee plan, have 500 deposited to the ACE Elite Prepaid Card during one calendar month. See Cardholder Agreement for details. Goodbye to Hidden Fees. Fees Related to the Service: Refunds are at par. None of the fees shown are assessed by MetaBank or the Card Association. ATM withdrawals may be subject to varying daily limits at the ATM owner's discretion. Payday Loans.