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How does the personal loan from banks such as Bank of America or Citibank work?

January 17, 2012 by admin · 2 Comments
Filed under: Bob's World 

I just received an offer to apply for a personal loan for up to 35,000 with Bank of America and for up to 5,000 with citibank. I actually need no more than 7,500. The interest rate is between 9,97 and 27,88 based on credit worthyness. I will like to know how it works. I’m hesitating between that and applying for a credit card. My credit score is fair (650). A friend advised me to go for the loan because it’s a guaranteed fixed interest. But since I’ve never done it b4 I will appreciate some more advice. Thanks Much.


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How do Loans work? Why do I have to apply for a Federal Stafford Loan Note first? How important are deadlines?

December 28, 2011 by admin · 3 Comments
Filed under: Bob's World 

I’m applying for a Loan. A federal Stafford Loan. Im concerned that I might not get it because the deadline passed since I had to reapply for a Pin number needed to apply which took 7 days to arrive at my house, 2 days past the deadline. Am I screwed? Why is it recommended that I use this kind of Loan. Does it matter?


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How does a payday loan work and how could I get one if I have a crappy credit?

December 18, 2011 by admin · 3 Comments
Filed under: Bob's World 

How does a payday loan work and how could I get one if I have crappy credit?
Do I have to pay the whole amount of the loan back in one payday?


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What kind of microphone will work with the ipod touch by plugging into the headphone jack?

November 26, 2011 by admin · 1 Comment
Filed under: Great Gadgets 

I have an ipod touch 2nd generation. I already know that some microphones can work when plugged into the ipod touch’s headphone jack. I just need the name of a specific model of microphone that can do that. Also, i heard an ipod touch-compatible microphone was released in october 2008.


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How do you restore your ipod if your jailbreak went wrong and the restore button doesn’t work?

November 18, 2011 by admin · 2 Comments
Filed under: Great Gadgets 

I wanted to jailbreak my ipod with blackra1n. Once I got there and ran the software it entered recovery mode, I tried to get it out and once it was out I tried blackra1n again and again. Now this time it is stuck hard, and I tried clicking the restore button on itunes. Now i have my ipod in a vegetative state with the apple logo and an unfilled bar under it. Help?


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How does the debt collection process work on an unsecured loan?

November 8, 2011 by admin · 4 Comments
Filed under: Bob's World 

I am 105K in debt(mortgage, student loan, car and the unsecured loan) and lost my former job due to lack of work. I got a new job but I am out 15K/yr. Through much juggling, I am paying off everyone except the unsecured loan on which I am paying 30/month(they want 260/mth) and they are unhappy I am paying them so little and threatening to sue me. I am trying to sell the house to pay off the mortgage and the personal loan and this is still at the original lender level. I am hoping I will get to work with a collections agency first since I can offer them the 30 I am now paying the creditor and when I sell the house I can pay the bill in full and have the credit bureau remove the blotch from my credit by showing evidence of payment. Do they go to collections or sue first?If they do sue,will they garnish my wages or freeze my checking account(no savings) or both? How does the debt collection process work on an unsecured loan?
Tried debt consolidation but my house is not worth enough to do it and having other debt attached to it would reduce my chances of selling the house and paying off the mortgage and the personal loan. I am really looking for info on how the debt collection process works,not how to get out of debt. I have that part figured out unless I get sued. Thanks
Thanks Taja but I am asking what the collection process is. I owe 105K out of which only 9K are unsecured debt. I am paying everybody except for the unsecured debt (to preserve my assets) and paying this unsecured creditor 30 a month hoping to sell my house to pay of the mortgage and the unsecured loan which will get rid of 64K off my debt and put approx 4 K in my pocket to move to an area with a better pay labor market. I am trying to find out (by learning how the collection process works) if I am going to have time to get this done before I have to worry about their coming after my wages and/or checking bank account. In other words, if I can work with a collection agency to which I can offer payments and pay the 30 I am now paying until I can sell the house. I already tried debt consolidation and I can’t get a loan for 105 K with a house that is worth 79K as the only collateral. The rest I owe is my car and student loans which must be paid or they will be worse than this creditor.
BBOYBALL: My mortgage is in perfectly good standing since I pay that before I even buy food. It is the only assett I have and I want to move to an area where I can work without having to commute an hour to do so. That is why I am selling the house: to move and to pay off the mortgage and the personal loan I took out to buy a new furnace and remove asbestos. I am willing to sell for 76K.


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How do i get my ipod touch to work with my itunes?

October 25, 2011 by admin · 1 Comment
Filed under: Great Gadgets 

I recently bought my friends old ipod touch, 8G version1.1.5 (4B1), and but when i connect it with the USB port it comes up as an apple camera and wont appear in itunes so that i can transfer and add music/apps. The ipod that i had before this one was a 2G nano. Thanks for any help, it is greatly appreciated.


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How does a secured loan work?

October 24, 2011 by admin · 3 Comments
Filed under: Bob's World 

I’m looking to start up a business, and borrowing money from my dad. He has the liquid, would a secured loan be good or a business loan?
10k loan, he has the funds I just need it for 6 months or less. It will be paid in full then.


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How does a stafford loan work in the summer?

October 14, 2011 by admin · 1 Comment
Filed under: Bob's World 

From what I understand there’s a $12,500 yearly limit for stafford loans. Does the cost of attendance during the summer come from that amount? The max you’re allowed to loan for undergrad with the stafford is $57,500, at $12,500 a year that’s only $50,000, so where does the other $7,500 go?


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How does the new ipod shuffle work, i only see 3 buttons on the headphones?

October 11, 2011 by admin · 3 Comments
Filed under: Great Gadgets 

Ok so i see on the new ipod shuffle (3rd generation) has the buttons on the headphones and it has 3 buttons and a little microphone, what is this for? I saw that it supports playlists and idk how i would get to a playlist with 3 buttons 2 of which are volume buttons. Is this microphone for telling the ipod what to do?


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