Category Archives: Long Term Installment Loans

Springleaf to Sell 127 Branches to safe Approval for OneMain contract

Springleaf to offer 127 Branches to Secure Approval for OneMain contract
Based on the problem, Springleaf and OneMain will be the two biggest providers of personal installment financial loans to subprime borroweres within the U.S. The financial loans are fixed-rate, fixed-term products marketed to individuals with minimal accessibility traditional credit …
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Tuesday Busting: Experts Upgrade Regional Management Corporation (NYSE:RM)
Every one of its loan products is guaranteed, organized on a fixed rate, fixed term foundation with fully amortizing equal month-to-month payments and is repayable anytime without punishment. Regional’s loans are sourced through its numerous station platform …
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Fitch Prices United States Cellular’s Sr. Unsecured Debt Offering ‘BB+/RR4
Solid Financial Profile: The rankings at TDS and USM reflect the current strong liquidity position because of substantial money balances, conservative balance sheet, long-dated maturities and unused revolving credit center capacity of $ 399 million and …
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Credit Acceptance Announces Second Quarter 2015 Earnings

Credit Acceptance Announces Second Quarter 2015 Earnings
Dealers assign retail installment contracts (referred to as “Consumer Loans”) to Credit Acceptance. At the time a Consumer Loan is … The lower initial forecast reflects a change in the mix of Consumer Loan assignments received during the first six …
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Personal finance Q&A: Installment loan debt vs. credit card debt
Installment loans have other advantages: You typically get a fixed rate, rather than the variable one charged on most credit cards, and your balance will be paid off over the term of the loan, which is usually three years. If you stop carrying balances …
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Uncarrier 9.0 for consumers: Device repayment plans paid, campaigns made

Uncarrier 9.0 for customers: Device payment plans repaid, campaigns made
“The other dudes have-been throwing on all kinds of desperate, short term campaigns to suck you in and lock you down − only to jack up prices later on. We’re … therefore, in the event that you’re among customers who registered into 4 outlines for $ 100 offer for 2.5GB …
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Navigator Holdings’ (NVGS) CEO David Butters on Q4 2014 outcomes – profits
Many thanks for standing by, women and men, and thank you for visiting the Navigator Holdings Conference turn to the Fourth Quarter 2014 Financial outcomes. We now have around Mr. David Butters, Chairman, President and ceo; Mr. Niall Nolan, …
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Some guidance as tax due date draws closer
“Many individuals struggling financially go into difficulty by paying charge cards and installment loans rather than spending their particular national and state income taxes,” Daley stated. “Some of these individuals fundamentally seek … See in the event that you qualify: “benefit from …
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Short-term Installment Financial Loans ? Funds For Short Time

Several times in your life, you are in immediate need of money to pay your previous debts or even for a few functions such as the unwanted costs eg outstanding food costs of final month, children college cost, or your spouse instantly requires some money, to pay medical bills, want to buy apparels for marriage, get your vehicle repaired, during redecoration or repairing of your house and for some other disaster circumstances. Sometimes a number of the expenses is not taken care of easily if you’re working short of resources because the past salary has already been consumed in everyday costs. The temporary instalment financial loans scheme would help you get reduce your financial situation in a brief period of the time without wasting your time. This is basically the most useful system that is available for you personally available in the market and grants educational funding to any or all who draws near and helps you to connect debt gap in a go. 

The temporary instalment financial loans plan is actually for every person and can be availed by both good and bad credit men and women without the concern about sensation embarrassed as there is no credit check done if you want to avail this system. It’s without formalities, is hassle free, is safe and is free of long queues unlike various other schemes that make their client wait in lengthy queues for his or her look to come. You Ought To fulfil another requirements prior to getting money through this system: 

• you ought to be a citizen of United States Of America. 
• you ought to be at the very least 18 years of age or above. 
• You should be used with a month-to-month income of $ 1000. 
• you really need to have a valid bank account. 

Just need to go online and register yourself and fill some of the fundamental details of yours like your title, address, account quantity, intent behind taking cash etc. eventually whenever loan provider is persuaded the cash is credited within account electronically.


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Brightlane Homes, Inc. Acquires Portfolio of 375 Single-Family Homes

Columbia, South Carolina (PRWEB) December 23, 2014

Brightlane Homes, Inc. (Brightlane) announced today, the recent acquisition of a well-seasoned portfolio of 375 single-family homes, performing and non-performing notes previously owned by RECA, Limited Partnership (the RECA Portfolio). The total transaction value, including the assumption of debt, is approximately $ 12.3 million. The transaction involved the exchange of the RECA Portfolio for Brightlane common stock and assumption of RECA Portfolio debt.

The transaction brings into the shareholding of Brightlane, Mr. Tom Reaves and Mr. David Campbell, a couple of seasoned national investors who believe in Brightlanes long-term growth strategy for the acquisition of formerly-foreclosed, Real Estate Owned (REO) property, performing and non-performing loans, and the repair and repositioning of those properties and loans, for the purpose of offering residential homes for purchase to low and moderate-income buyers utilizing a Lease/Purchase Option business model.

Colin Hill, Director of Brightlane Homes noted, We are most pleased with the successful acquisition of the RECA Portfolio. It is an honor to partner with Tom Reaves and David Campbell who are successful industry leaders with long-term track records. Tom and Davids vision syncs perfectly with Brightlane’s outlook on the single-family home industry. We are looking forward to working closely with them. This acquisition and partnership further strengthens our mission, as Brightlane Homes intends to be a new pathway for home ownership with an innovative lease to own model to be launched in early 2015.”

“The RECA Portfolio is an excellent portfolio,” said Tom Reaves, a founding principal and general partner in RECA, Limited Partnership. “We personally selected each property in the Portfolio and have professionally serviced and maintained them with a long term view. We are excited that we will participate in the future performance of the Company and the Portfolio as significant shareholders in Brightlane Homes.”

The RECA Portfolio includes single-family residential properties, and performing and non-performing notes. Properties in the Portfolio are geographically dispersed across 23 states, with the largest concentration located in the Southeastern U.S. Sixty-one percent of the Portfolio is located in North Carolina and South Carolina. The performing and non-performing notes are owner-financed, land contract, installment contract or agreement for deed instruments, for which the underlying real property deeds are held by the seller until the owner-financed notes are retired. The owner-financed notes included in the RECA Portfolio are well-seasoned, with an average of approximately 4.3 years of payment history, and an average remaining term of approximately 14 years.

The acquisition was completed with the transfer of the RECA Portfolio to the Brightlane RECA Trust (the Trust), a Delaware statutory trust specifically designed to hold the RECA Portfolio. Brightlane RECA LP is the beneficial owner of the Trust. Brightlane # 1 LLC, a wholly owned subsidiary of Brightlane Homes, Inc., is the 99.99% owner of Brightlane RECA LP.

About Brightlane Homes, Inc.

Brightlane Homes, based in Columbia, South Carolina is a real estate acquisition and management company that looks to acquire, renovate bulk single-family housing and distressed and non-performing residential mortgage loans with the goal to lease affordable single-family housing and eventually provide financing turn-key to its customers at affordable prices. Brightlane Homes seeks to acquire single-family homes in bulk at discount prices in strategic areas, renovating them to our Certified Property Standards, and leasing and managing them with maximum efficiency. The key principle of Brightlane Homes is to provide a new pathway for home ownership to customers with economic limitations as well as deliver functional expertise and a passion for operational excellence that Brightlane believes its customer the future home-owner deserves.